Markets am: Markets mixed with focus on Fed, Curse of euro lands...

 
 
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Tuesday October 29 2013
 
 
Markets
 
Markets mixed with focus on Fed
 
Bourses struggle for momentum ahead of the decision on US monetary policy from Fed meeting this week
 
 
 
Curse of euro lands ECB in tricky dilemma
 
Since July last year when region's crisis was most intense, euro has risen 10% on a trade-weighted basis. Against the dollar it has hit two-year highs
 
 
Europe's junk debt returns outpace US
 
Global investors have been rewarded for backing European corporate issuers of junk bonds with returns which now surpass those of most other fixed-income asset classes
 
 
China acts to ease cash crunch fears
 
Move to add $2.1bn to economy seen as an indication that central bank wants to avoid replay of June's liquidity squeeze that rattled global markets
 
 
New UK Bitcoin exchange to bar US clients
 
Coinfloor, which is being pitched by its founders as a forum for high-frequency trading in Bitcoin, will open initially only to customers in the UK and the rest of Europe
 
 
Gold jumps on hope of Fed taper delay
 
Mixed US economic data, including last week's jobs figures, have weakened the dollar, while purchases amid lower volatility pushed gold prices higher
 
 
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Video
 
Opportunity Europe
 

Europe is shedding its moniker of sick region of the world. David Kelly, chief global strategist at JPMorgan Asset Management, explains to economics correspondent Sarah O'Connor why the eurozone is now an opportunity, despite its structural problems.

 
 
 
 
 
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