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Europe Market Update

Oil, Gold Rally; World Stocks, Crops Drop
Mar 31, 2010 6:04 PM ET
A rally in metals and oil failed to lift stocks after private employers cut more than expected jobs in February. Gold gained for the sixth quarter in a row and oil traded at 17-month high. Agriculture commodities declined after higher than expected level of inventories and planting. >>

European Automakers Face Steel Price Hike
Mar 31, 2010 2:28 PM ET
European markets closed lower as investors debate the direction of the euro. Greek bond yields rose for the third day in a row on the worries that Greece may need more emergency funding. The first estimate of inflation in the euro zone was 1.5%. Steelmakers prepare to pass 20% price hike. >>

World Markets Remain Focused on Euro Zone
Mar 31, 2010 7:47 AM ET
U.S. stocks drifted in the positive territory after consumer confidence index increased and home price index showed an improvement in large cities. European markets closed weak after Greece struggled with the sale of bonds and Iceland debt rating was revised lower. Apple, Verizon gained. >>

Iceland, Greece Worries European Markets
Mar 30, 2010 2:53 PM ET
European markets closed lower after the rating agency S&P lowered its rating on Iceland debt. Greek bonds declined on the first day of trading on the worries that the nation will struggle with deficit reduction. Swiss Life net declined 20% in 2009. >>

U.S. Home Prices Up 0.3%; UBS Rises
Mar 30, 2010 10:37 AM ET
Metropolitan home prices in January edged up. Three popular indexes in New York traded higher. Latest 7-year Greek notes declined on the worries that the nation will struggle with the budget deficit cuts. UBS surged after it confirmed first quarter fixed income revenues of $2.3 billion. >>

Confidence Lifts World Markets, Oil and Gold
Mar 29, 2010 5:11 PM ET
Resurging confidence lifted commodities linked world markets from Canada, Russia, Brazil, to UK and Peru gained. Crude oil, copper and gold advanced after Greece prepared to offer bonds and Dubai guaranteed Dubai World loans. >>

European Sentiment Improves; Ruble Falls
Mar 29, 2010 12:55 PM ET
European markets closed lower and an index of business and consumer sentiment reached a 22-monthh high. Greece is preparing to launch 7-year bonds. Ruble declined after two terrorist attacks in Moscow. >>

U.S., Europe Trim Gains; Korea in Focus
Mar 26, 2010 5:23 PM ET
U.S. stocks lost earlier gains after a Korean vessel sank near the border with North Korea in Yellow Sea. President Obama expanded mortgage loan modification program. U.S. GDP was revised downwards in the third estimate. EU members agreed to offer credit facility to Greece. The dollar closed up. >>

Bond Yields Rise in Weak Treasury Auction
Mar 25, 2010 4:54 PM ET
U.S. stocks lost early gains at close and U.S. Treasury bond yield increased for the second day this week. Treasury auction of 7-year note of $32 billion was disappointing. The dollar advanced after the ECB President Trichet criticized the IMF involvement in Greece bailout. >>

European Markets Rebound; Hochtief Surges
Mar 25, 2010 3:02 PM ET
European markets closed higher after Germany and France workout an agreement to support Greece with the help from the IMF. The euro advanced. Hermes International fourth quarter sales surged 11% but annual earnings edged lower. Hochtief AG soared on a 25% rise in net income. >>



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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc