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Markets  |  October 29, 2012 09:00:00

European shares fall, overseas partially closed


European shares trading session at the beginning fall impacted by weak results of key companies. Uncertainty in the markets also enhances the still uncertain situation regarding the solution of the Spanish question. Although Madrid is under constant pressure from investors to immediately address the situation and asked the ECB for help, but yesterday's ECB Governing Council member Ewald Nowotneho proof of the fact that Spain probably does not need immediate help and asking for it would be only in the event that a will not be able to help itself.
Given this statement, it is expected that the European markets are now hard to find a way up. Less activity in the markets is expected in overseas due to restrictions on the operation of certain U.S. stock exchanges. Some of the stock and options markets remain closed is due to the approaching hurricane Sandy to the east coast USA.He should hit tonight including New York. This makes it the first market restrictions caused by weather conditions since 1985 when the U.S. Coast plagued hurricane Gloria. Many companies have even decided to wait for the publication of annual reports.

Source: Reuters

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