Earlier this week stirred waited on the CAC 40
June 7, 2010
The European market will start the week in the voltage on Monday, while Asian stock markets tumble. On Friday, the main indices of the Old Continent had already ended in sharp decline and the U.S. have widened their seats losses throughout the session, lead by statistics on employment worse than expected, in Hungary and its similarities with the Greek case, and a euro broke $ 1.2 Friday night.
On Monday morning in early Asian trade, the euro continued its decline from under $ 1.19. Even if the Prime Minister of Luxembourg Jean-Claude Juncker, said Sunday that the euro had not weakened despite its sharp decline against the dollar, the European currency worries.At the political level, Nicolas Sarkozy visited the German Chancellor, who seems to want to play alone against the economic and monetary instability in the European Union.
The President of the Eurogroup also shown reassuring Hungary, noting however that "there have been some imprudent Hungarian leaders. One of them, a vice-president of Fidesz, Lajos Kosa, inter alia, affirmed that "Hungary was in a situation comparable to that of Greece, which has reduced the market and the euro Friday.
Some figures to follow
In Germany, industrial orders during April will be released at noon. In addition, in Europe on Monday in Luxembourg, held a meeting of finance ministers of the eurozone bad credit payday advance.
In the U.S., one statistic significance forward: consumer credit in April.
Atos Origin waives redemption RBS WorldPay
The French company Atos Origin's service has decided not to put a candidate for takeover by RBS WorldPay, the giant electronic payments that wants to sell the Royal Bank of Scotland, for fear of too much debt, said Sunday on La Tribune's website .For several months, information in the press statement made in the interest of Atos for this company, even though French has never officially confirmed that he was a candidate for redemption.
"The turnover in 2010 could be higher than expected," CFO of the European aircraft manufacturer EADS in the German press, because the euro's fall, said Hans Peter Ring the Financial Times Deutschland (FTD ).
The side of its Airbus subsidiary, the company in the Gulf – which he will deliver his 10th super-jumbo in Berlin next Tuesday in the German Air Show – will expand its fleet to 380.
EDF is said to ensure operational this summer. Then in 2009, one third of the reactors were shut down. A high rate which heightened fears of feeding difficulties. The situation today is better even if the group should improve the availability of its facilities.
On Monday, Hermes International holds its general assembly.
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