PARIS, Jan 4 – – France’s ruling UMP party will propose a ‘new social contract’ to end the 35-hour working week as part of its strategy for presidential elections next year, the party’s deputy secretary said on Tuesday. Herve Novelli, joint head of a UMP commission tasked with reviewing the landmark law introduced [...]
Franc News
BMO, GMP lead Canada equity issuers in 2010
TORONTO, Jan 4 – – BMO Capital Markets vaulted to the lead spot in Canadian equity sales last year, with independent dealer GMP Capital close behind, in a year where energy and mining companies generated the lion’s shares of stock sales. BMO Capital, a unit of Bank of Montreal, generated C.9 billion (.9 [...]
DIARY – Today in France – Jan 4
Reuters’ regional company diaries, covering earnings, shareholder meetings, news conferences and analyst meetings can bbe found by clicking on for western Europe. This diary is updated daily: new listings or amendments are marked with an asterisk. Paris local time is GMT +1 hour. ——————–Tuesday January 4, 2011——————— MACRO —————————————————————- GMT LOCAL INDICATOR PERIOD [...]
GLOBAL ECONOMY-December factory output accelerates in US, Europe
By Edward Krudy and Andy Bruce NEW YORK/LONDON, Jan 3 – – Manufacturing in the United States and Europe accelerated in December, while growth in China and India slowed to more sustainable levels in another boost for the global economic outlook. Purchasing managers’ indexes showed manufacturing growth quickened in Europe and the United [...]
U.S. WCoast Products – Up a tick in thin trade
HOUSTON, Dec 31 – – West Coast wholesale gasoline prices ticked higher in thin trading Friday as the markets basically held firm ahead of the new year. Unleaded ethanol-blend CARBOB gasoline in Los Angeles sold for 4.5 cents a gallon over February NYMEX RBOB gasoline, up 0.75 cent. San Francisco market CARBOB remained [...]
DIARY – Day ahead in the FX and debt markets
This is a summary of key events likely to affect trading in the foreign exchange and debt markets. All times GMT: ————————————————————– Diary for IMF/World Bank meeting Top FX News: Top Fixed Income News: Top Macroeconomic News: European equities: U.S. equities: FX Quotes: Treasury yields: World bourses: For full slate of G7 economic [...]
DIARY – Turkey – to Jan 25, 2010
(All times are provisional and in GMT. For local time, add two hours. This diary is updated every day, and new listings or amendments are marked ‘*’.) KEY INDICATORS DATE GMT/LOCAL INDICATOR PERIOD PRIOR 1-3/1 N/A TIM export figures Dec .45b 3/1 0800/1000 CPI m/m Dec 0.03% 3/1 0800/1000 CPI y/y Dec 7.29% [...]
DIARY – France to Jan 31
Reuters’ regional company diaries, covering earnings, shareholder meetings, news conferences and analyst meetings can be found by clicking on for Western Europe. This diary is updated daily: new listings or amendments are marked with an asterisk. Paris local time is GMT + 1 hour. MACRO —————————————————————- DATE GMT LOCAL INDICATOR PERIOD MEDIAN PRIOR [...]
USD/CHF Classical 12.28
USD/CHF: Setbacks have most recently stalled out just shy of the record lows by 0.9460 from October, and with daily studies looking a little stretched, we would expect to see any additional declines very well supported in favor of a major bullish reversal. Cyclical studies continue to warn of a major trend shift [...]
USD/CHF Classical 12.27
USD/CHF: Setbacks have most recently stalled out just shy of the record lows by 0.9460 from October, and with daily studies looking a little stretched, we would expect to see any additional declines very well supported in favor of a major bullish reversal. Cyclical studies continue to warn of a major trend shift [...]
Strong franc tests Swiss nerves
Switzerland’s strong currency is a boon for travelling Swiss bargain hunters or those surfing online shops abroad while its healthy economic indicators would be the envy of debt-plagued major economies.
WRAPUP 3-Airport Christmas for Europe’s stranded travellers
By Catherine Bremer PARIS, Dec 25 – – Hundreds of travellers whose flights were grounded by icy weather in Europe spent Christmas Day jammed in airport queues after sleeping overnight on camp beds in Paris and Brussels terminals. Flight schedules returned to normal in Paris on Saturday, as emergency supplies of de-icing fluid [...]


