European markets edge lower on Monti resignation concerns

Note: This section contains information in English only.
Source: Bloomberg
The Stoxx Europe 600 Index fell by 0.2% to 278.54 points in the very beginning of Europe trading session on Monday. European stocks slipped from a 18-month high, as the Italy's Prime Minster revealed his resignation plan. Markets are concerned about possible changes in the government, which might bring difficulties in national debt control. Monti said that he is considering a resignation after losing a support in Parliament.
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Mon, 10 Dec 2012 15:53:49 GMT

Greece extends buyback deadline on December 11

The Greece's debt buyback was extended by one day from the earlier last Friday deadline to the new deadline set on December 11, in order to meet the buyback target of 30 billion euro as a precondition of the country's creditors to approve the next financial package for the debt-burdened economy. Media in Greece reported the country received 27 billion

Mon, 10 Dec 2012 16:09:29 GMT

Gold futures were higher after mixed economic data

Gold futures for a February settlement were 0.2% higher, or up by $2.00, to $1,707.50 an ounce in Asian trading session in the New York Mercantile Exchange on Monday. Investors were positive for the precious metal, after mixed economic data: China's industrial output sharply increased, but export and trade surplus disappointed. Also, Friday's job data from the U.S. exceeded forecasts.

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