Markets
MSCI Emerging Market Index fell amid fiscal cliff fears
The MSCI Emerging Market Index fell for a seventh day on Friday, sliding 0.4% and heading for its biggest weekly loss since July, as risk-aversion among investors grew amid prospects of the so-called U.S. fiscal cliff. Chinese shares led the decline with the country’s CSI 300 Index dropping to the lowest level since 2009.

Financial Markets…Foreign purchase of U.S. financial assets plummeted in September, with net buying of long-term equities, notes, and bonds falling to just $3.3 billion in the month from $90.3 billion in August, due partly to the improved market sentiment toward the European debt situation and profit taking on earlier purchases.
The MSCI Emerging Market Index fell for a seventh day on Friday,
sliding 0.4% and heading for its biggest weekly loss since July, as risk-aversion among investors grew amid prospects of the so-called U.S. fiscal cliff. Chinese shares led the decline with the country’s CSI 300 Index dropping to the lowest level since 2009.
Credit-default swaps on Argentinian government debt rose above 30 percent for the first time in London trading today, as speculation grew the country may opt to default rather than settle with its creditors. A U.S. court ruled in October that Argentina must pay holdout creditors from its $95 billion debt default in 2011.
High-income Economies…US industrial production dropped 0.4% (m/m) in October following a 0.2% increase in September, as superstorm Sandy knocked out power in large swathes of the Northeast in late October. US firms also face a persistent challenge from Europe’s recession and slower growth in Asia. On a year-on-year basis, industrial production growth slowed to 1.7% (y/y) in September from 2.8% (y/y) the previous month.
Euro Area exports fell 1.1% (m/m) in September, but imports dropped at a faster pace of 2.7% (m/m), reflecting weakening domestic demand as the euro area went into a recession in the third quarter. As a result, the trade surplus widened to 11.3bn. euros in September from 8.9bn. euros in the previous month.
Forex
Leverage from Forex Brokers & How Beginners Can Benefit from It
In this post, we will tell you what to look for when choosing a broker in order not to fall into a financial trap and how to benefit from dealing with such companies.

Recent statistics show that the number of people willing to invest in the stock market is steadily growing from year to year.
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How to Trade the EUR/USD Currency Pair: Professional Tips
The behaviour of the EUR/USD pair is a kind of indicator showing the comparative condition of the US and EU economies. If the US economy steadily grows, and problems arise in the EU, the EUR/USD decreases.

EUR/USD is one of the most popular currency pairs for Forex trading. Since the beginning of trading in 1999, the currency pair has undergone significant changes. For the first two years, the future for the euro was uncertain and the quotation was declining, reaching a minimum of 0.8200.
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Thailand remains ASEAN’s largest Exporter of Vegetables
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