Corporation News

The euro fell against the U.S. dollar as the single currency traded around 1.2880 to the dollar levels. British pound also gave the green of money, reaching levels around 1.4910 to the dollar.
Dollar strengthened their positions during the North American session after U.S. stock markets decreased due to continued weakness in the market for homes. This has led much of investors to reduce their risk assets.
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Inflation in Europe, which is now officially in recession, is its lowest level for October of nine months since it appears from Eurostat data.

The increase of consumer prices was 3.2 percent for October on an annual basis (after 3.6 percent growth in September and 3.8 percent in August). This is the lowest level of January 2008
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Several European stock exchanges stopped trading today because of strong market volatility and fears of a mass panic auctions.

Exchanges in Vienna, Romania ceased trading session today morning, and those in Iceland and Ukraine remain closed after yesterday decided to stop the trade. Earlier it became clear that stock markets in Russia will remain closed.
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The sequential shake the financial market, which destroy the American market levels by 2003 and sweep Asian indices today, it has devastating effect on markets in Europe.

Index markets on the continent is literally melted in early trading today, according to analysis by Bloomberg only yesterday and today has lost market capitalization of companies in the world worth over 5 trln. dollars.
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Exchanges in Asia fell for the fifth consecutive day of the way to the biggest weekly decline than a year after concerns about the slowing world economic growth caused a decline in shares of financial, energy and materials sector. Decline registered all markets in Asia open to trade, such as those in Hong Kong, Indonesia and China lost more than 3 percent.
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