| Economic News European Car Registrations Rise For Second Month: ACEA European new car registrations increased for a second consecutive month in September, data released by the European Automobile Manufacturers' Association (ACEA) revealed Tuesday. (Oct 18, 2011) Full Article    Norges Bank: Corporate Credit Demand Likely To Ease The credit demand from corporates increased slightly in the third quarter, but it is forecast to drop in the coming quarter, results of the Survey of Bank Lending released by the Norges Bank showed Tuesday. (Oct 18, 2011) Full Article Irish Experience Bodes Well For Portugal, Says Rehn Ireland provides a very encouraging precedent to Portugal, European Union Economic and Monetary Affairs Commissioner Olli Rehn said Tuesday. (Oct 18, 2011) Full Article Greek Jobless Rate Rises To 16.5% In July Unemployment in Greece increased in July after falling in the previous month, data released by the Hellenic Statistical Authority showed Tuesday. (Oct 18, 2011) Full Article U.S. Producer Prices Rise More Than Expected In September Driven in part by a spike in energy prices, producer prices jumped by more than expected in the month of September, according to figures released Tuesday by the Labor Department. (Oct 18, 2011) Full Article Forex Top Story RBA Minutes: Current Policy "Appropriate" The Reserve Bank of Australia's policy committee felt existing monetary policy was sounds, and showed little concern about inflation in October. (Oct 18, 2011) Full Article China Q3 GDP Growth Slowest In 2 Years China's gross domestic product expanded at the slowest pace in nearly two years in the third quarter, adding to evidence the economy is heading towards a soft landing as government efforts to cool inflation slowly takes effect. (Oct 18, 2011) Full Article France Sees No Threat To AAA Rating Despite Moody's Warning France expects to defend its triple-A rating despite strong signals from Moody's Investor Service that the government's top rating may come under pressure in the coming months. (Oct 18, 2011) Full Article U.K. Inflation Jumps To 3-year High Higher utility bills pushed up U.K. inflation to the highest in three years in September. The unabated above-target inflation is forecast to slow once the impact of the sales tax hike drops out of annual comparison and weak economic activity weigh on underlying price pressure. (Oct 18, 2011) Full Article German Investor Sentiment At 3-Year Low As Crisis Hurts Economy Confidence among German investors dropped to its weakest level in nearly three years in October as subdued domestic economic activity triggered concerns that the debt crisis is seeping into Eurozone's largest economy, which so far stood undeterred by the turmoil. (Oct 18, 2011) Full Article Commodities Gold Extends Losses Amid Firm Dollar The price of gold was extending losses Tuesday morning as the U.S. dollar was trading firm after Moody's Investor Services warned that France's top-notch credit rating could be at a risk. (Oct 18, 2011) Full Article Crude Eases Near $86 Amid Demand Concerns The price of crude oil moved down Tuesday morning amid concerns over demand growth after China, the world's second-largest oil consumer, reported a slower third quarter economic growth. (Oct 18, 2011) Full Article Political News Israeli Soldier Shalit Released In Exchange For Palestinian Prisoners Israeli soldier Gilad Shalit has been released from five years of captivity in Gaza Strip. Militant group Hamas handed over the 24 year-old Sargent Major on Tuesday to Egyptian mediators in exchange for an initial 477 Palestinian prisoners. (Oct 18, 2011) Full Article Liberia's Presidential Poll Loser To Support Incumbent Sirleaf In Run-Off Former rebel leader Prince Johnson, who polled third in Liberia's presidential election, has pledged his support to incumbent Ellen Johnson Sirleaf in the second round. (Oct 18, 2011) Full Article Analyst Currency Comments Demand For Risky Currencies Seen In Asian Session Unlikely To Continue – Westpac While noting that overnight losses encouraged demand for risky currencies in Asian trading on Tuesday, Westpac analysts said that it is not clear that this demand will continue ahead of the ZEW economic sentiment index, U.S. PPI and Federal Reserve Chairman Ben Bernanke's speech later in the day. (Oct 18, 2011) Full Article Currency Alerts Renewed Eurozone Worries Push Down Australian And New Zealand Dollars The Australian and New Zealand dollar fell to multi-days lows against their most major counterparts in early European deals on Tuesday on the back of renewed concerns over Europe's debt crisis. (Oct 18, 2011) Full Article Pound Slides Further Against Dollar And Yen After U.K. Inflation Data The pound that declined against the dollar and the yen in early Tuesday European deals on renewed Eurozone worries extended its slide after a report showed at 4:30 am ET that the U.K. annual inflation accelerated more than expected in September. (Oct 18, 2011) Full Article Dollar And Yen Rise On Risk Aversion During early European deals on Tuesday, the US dollar and the Japanese yen strengthened to new multi-day highs against most major currencies as traders bought safe haven currencies amid renewed pessimism over Europe's ability to manage its debt crisis. (Oct 18, 2011) Full Article Euro Slides On Fading European Debt Optimism The Euro weakened in early deals on Tuesday as European equities extended sell-off (Oct 18, 2011) Full Article Dollar Edges Higher Versus Euro The dollar was higher for a second day versus the euro on Tuesday, supported by renewed fears that Europe will struggle craft a political solution to their simmering sovereign debt crisis. (Oct 18, 2011) Full Article General News European Commission Temporarily Approves Nationalization Of Dexia Bank The European Commission has temporarily approved the nationalization of Dexia Bank Belgium (DBB) through its acquisition by the Belgian State for EUR 4 billion to be paid to Dexia SA. (Oct 18, 2011) Full Article Buddhist Nun Self-Immolates Over Chinese 'Repression' In Tibet A Buddhist nun has died after she set herself on fire in south-west China in protest against Beijing's rule in Tibet. (Oct 18, 2011) Full Article Iran To Produce Nuclear Fuel Plates Iranian Foreign Minister Ali Akbar Salehi has said that Iran has so far produced about 70 kilograms of 20 percent enriched uranium to be converted into nuclear fuel plates to feed the Tehran research reactor which produces radioisotopes for cancer treatment, the semi-official Mehr News Agency (MNA) reported on Monday. (Oct 18, 2011) Full Article Amnesty Opposed To Immunity To Saleh Regime In Yemen Power-Transfer Deal Amnesty International has urged the international community to send a clear message that those responsible for extra-judicial executions, torture and enforced disappearances in Yemen will be brought to justice as part of any transition agreement. (Oct 18, 2011) Full Article Fuel Pumping From Ship Grounded Off New Zealand Put Off Salvage crews trying to pump fuel from a cargo ship that ran aground off New Zealand coast were forced to put off their operation until Wednesday because of bad weather. (Oct 18, 2011) Full Article Stocks To Watch Drilling Profits... This low-cost, independent oil and natural gas producer comes on our radar, in view of its strong quarterly results and growth in production for the seventh quarter in a row... (Oct 18, 2011) Full Article | 
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