The Morning Edition
Today's Markets
In Asia, Japan closed. Hong Kong flat at 17711. China -0.6% to 2345. India +2.0% to 16557.
In Europe, at midday, London +0.9%. Paris +0.9%. Frankfurt +0.3%.
Futures at 7:00: Dow +1.1%. S&P flat. Nasdaq +1.2%. Crude +2% to $84.65. Gold +1.9% to $1666.60.
No economic numbers or Fed speak today. Happy Columbus Day!
In Asia, Japan closed. Hong Kong flat at 17711. China -0.6% to 2345. India +2.0% to 16557.
In Europe, at midday, London +0.9%. Paris +0.9%. Frankfurt +0.3%.
Futures at 7:00: Dow +1.1%. S&P flat. Nasdaq +1.2%. Crude +2% to $84.65. Gold +1.9% to $1666.60.
No economic numbers or Fed speak today. Happy Columbus Day!
Morning stories
The U.S. futures regulator may break with other agencies on a much-anticipated plan to ban most proprietary trading by banks, and could opt to put forth a slightly different version of the Volcker rule.
CFTC takes wait-and-see approach on Volcker rule From Reuters
Overshadowed by their giant peers, a handful of smaller European exchanges are resisting the merger frenzy and focusing on expanding in domestic or regional markets.
No Urge to Merge From Wall Street Journal
The European Commissionís proposed financial-transaction tax, which imposes a levy on stock, bond and derivative trading, would push business out of Europe and hurt its economic recovery, the head of the Nordic regionís biggest bank said today.
Europeís Financial Tax Would Have ëDramaticí Impact, Banker Says
Franco-Belgian bank Dexia agreed early on Monday to the nationalization of its Belgian banking division and secured 90 billion euros ($121 billion) in state guarantees in a rescue that could pressure other euro zone governments to strengthen their banks.
Dexia agrees to Franco-Belgian rescue deal From Reuters
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