The Traderszone Network

SecondMarket Solutions Inc., has drawn the interest of Nasdaq Inc., which bought it for an undisclosed sum to combine with its own market for non-public companies, Nasdaq Private Market.

Firmer tones as European traders get to their desks but FTSE futures not joining in
– DAX futures +0.2%
– CAC40 +0.1%
– FTSE -0.2%
Yesterday I posted the view of UBS that suggested buying Eurostoxx was the best way of playing

Firmer tones as European traders get to their desks but FTSE futures not joining in
– DAX futures +0.2%
– CAC40 +0.1%
– FTSE -0.2%
Yesterday I posted the view of UBS that suggested buying Eurostoxx was the best way of playing

Portugal’s election on 4 October was inconclusive, without any party winning an absolute majority of the votes. The President of the country, a former Prime Minister, allowed his own party, led by incumbent Prime Minister Pedro Passos Coelho to form a new minority government as has been done in the past. However, the way he has gone about doing so has created a controversy, which has made Portugal the new focal point of the still virulent European sovereign debt crisis.

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Portugal’s election on 4 October was inconclusive, without any party winning an absolute majority of the votes. The President of the country, a former Prime Minister, allowed his own party, led by incumbent Prime Minister Pedro Passos Coelho to form a new minority government as has been done in the past. However, the way he has gone about doing so has created a controversy, which has made Portugal the new focal point of the still virulent European sovereign debt crisis.

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High-yield energy bonds are on track for their worst year since the global financial crisis yet some funds are holding on, convinced that markets underestimate the ability of many oil companies to ride out the crude price slump. Some money managers such as Western Asset Management Co., Eaton Vance Corp. and Aberdeen Asset Management have broadly held on to their investments in bonds of oil and gas producers (removed “U.S.”) throughout the year even as now they lag more than 95 percent of their peers, according to Morningstar data. The average yield on U.S.

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Federal Reserve Chair Janet Yellen, praised as an adept listener and consensus builder, may need to adopt a stronger tone at this week’s policy meeting if she expects to keep a December interest rate rise in play. Yellen’s inclusive style has been tested recently by two fellow governors who publicly appeared to disagree with her view, shared by Vice Chair Stanley Fischer, that the Fed will probably need to raise interest rates this year.

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