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Euro
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Euro

The following information is about Euro.

Euro Defined

The currency of 12 member nations of the European Union. The Euro was introduced in 1999, when the first 11 countries to adopt it joined together in an Economic and Monetary Union and fixed their currencies' exchange rate to the Euro. Notes and coins were brought into general circulation in January 2002, although banks and other financial institutions had before that time carried out transactions in Euros.

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UPDATE 1-German orders plunge, heralding deep recession

Published December 5, 2008, 4:06 am, The Forex Market

BERLIN, Dec 5 (Reuters) - German manufacturing orders plunged in October after a record decline the previous month, pointing to a deepening recession in Europe's biggest economy.

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ICE US Equity & Currency Closing Estimated Volumes For Dec 4

Published December 5, 2008, 4:06 am, The Forex Market

Estimated Volume Report for 04-Dec-2008 Total Floor Floor Total FINEX Futures Calls Puts Opts AUS$/US $ 0 0 0 0 Aus. Dollar - N.Z. Dollar 8 0 0 0 Australian $-Canadian $ 0 0 0 0 U.S. Dollar - Aus. Dollar 0 0 0 0 Brazilian Real-US $ 0 0 0 0 Colombian peso-US Dollar 0 0 0 0 U.S. DOLLAR INDEX 5181 109 47 156 Euro Index 0 0 0 0 EURO-Japanese Yen 629 0 0 0 EURO - US $ 836 0 0 0 Euro-Canadian Dollar ...

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Oil slumps as Eurozone sinks into a recession.

Published December 5, 2008, 4:05 am, Maltamedia.com Daily News

Oil fell below the $46 a barrel while the Eurozone, following the Unites States and Japan, sinks further more into a recession. According to the Economist, a weekly publication on world business and current affairs, the dramatic fall in the price of oil during these months may not be entirely good news. If anything they are [...]

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Slowdown in developed markets to impact exporters

Published December 5, 2008, 4:04 am, Business Standard India

The slowdown in developed markets is having an adverse impact on export oriented and transnational companies. There is no doubt that the world economic outlook has turned unfavourable.

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German Factory Orders Drop; European Demand Collapses (Update1)

Published December 5, 2008, 4:04 am, Bloomberg

Dec. 5 (Bloomberg) -- Manufacturing orders in Germany slumped more than economists expected in October as European demand for plant and machinery collapsed.

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(AFX UK Focus) 2008-12-05 11:58 UPDATE 1-German orders plunge, heralding deep recession

Published December 5, 2008, 4:03 am, Interactive Investor

BERLIN, Dec 5 (Reuters) - German manufacturing orders plunged in October after a record decline the previous month, pointing to a deepening recession in Europe's biggest economy. Orders fell 6.1 percent in October, led by a sharp downturn in demand from Germany's euro zone trading partners, preliminary Economy Ministry data showed on Friday. Economists had forecast a rise of 0.4 percent in a ...

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Brown-Forman Reports 4% Second Quarter Operating Income Growth in Challenging Economic Environment; EPS Growth of 13%

Published December 5, 2008, 4:00 am, Business Wire via Yahoo! Finance

LOUISVILLE, Ky.----Brown-Forman Corporation reported that diluted earnings per share from continuing operations1 increased 13% to $0.94 and operating income increased 4% to $222 million for its fiscal 2009 second quarter.

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Sarkozy"™s Plan Leaves Car Dealers, Estate Agents Disappointed

Published December 5, 2008, 3:52 am, Bloomberg

Dec. 5 (Bloomberg) -- French President Nicolas Sarkozy ’s 26 billion euro ($33 billion) package of tax cuts and spending to spur construction and the auto industry will fall short, say car dealers and real estate agents.

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CA-BUSINESS Summary

Published December 5, 2008, 3:51 am, The Globe and Mail

LONDON (Reuters) - World share prices struggled on Friday, while euro zone government bonds rose as investors tried to position themselves for key jobs data that is expected to paint a stark picture of a fast-deteriorating U.S. economy.

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World braces for long crisis, big U.S. job cuts

Published December 5, 2008, 3:50 am, The Globe and Mail

NEW YORK/HONG KONG — Asia-Pacific policy makers scrambled to prepare fresh measures to prevent further economic deterioration next year as investors awaited a report on Friday expected to show the sharpest U.S. job losses in 26 years.

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