European equity markets fluctuated Wednesday after two days of declines, amid fears the U.S. debt situation. Titles Franco-American group “Alcatel-Lucent” SA, manufacturer of telephone equipment, dropped 4.9% to 2.63 euros. The French government asked yesterday to review the company’s plan to dismiss 10,000 employees, announced Tuesday. Shares of Italian oil company “Eni SpA” were appreciated […]
Janet Yellen’s Nomination to Lead the Fed Boosts U.S. Dollar
The dollar has appreciated in foreign markets Wednesday, reaching the peak against the euro last week, according to an official in the White House announced that President Barack Obama will nominate Janet Yellen for president of central bank (Federal Reserve – Fed). Thus, more and more investors speculate the central bank will maintain its economic […]