The Ketchen Group - ScotiaMcLeod Toronto - Daily Snapshot

By: The Ketchen Group  09-12-2011

Daily Snapshot - 02 December 2011

Equities:  Equity markets are up, on hopes of a strong job report in the U.S. and renewed calls for a fiscal union by Germany.  Peripheral European bond yields are falling, and the Italian 10-year yield is down 19 bp to 6.46%.  The FTSE is gaining 1.5%, and the DAX is up 1.6%.  Asia ended mostly higher, with Japan up 0.6% and Australia rising 1.4%, while China is losing 1.1%.  U.S. futures are indicating a positive open (+1.2%)

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