Stock Market Flotation

Fundamental Analysis EUR "The merger between Deutsche Boerse and NYSE Euronext would have led to a near-monopoly in European financial derivatives worldwide" - Joaquin Almunia, competition commissioner The European Commission has blocked a 9 billion dollar merger between Deutsche Börse and NYSE Euronext stock exchanges, saying that it would have stifled competition and created a monopoly in derivatives trading. USD "The job market continues to grow at a moderate pace" - Jonathan Basile, senior economist at Credit Suisse in New York The number of Americans who have found a job in the private sector in January declined to 170 thousand from a revised 292 thousand the prior month, the ADP Employer Services said on Wednesday. GBP "The UK manufacturing sector has sprung to life in the first ...

NEW YORK (Reuters)- For the small club of companies who trade the food, fuels and metals that keep the world running, the last decade has been sensational. Driven by the rise of Brazil, China, India and other fast-growing economies, the global commodities boom has turbocharged profits at the world's biggest trading houses. They form an exclusive group, whose loosely regulated members are often based in such tax havens as Switzerland. Together, they are worth over a trillion dollars in annual revenue and control more than half the world's freely traded commodities. The top five piled up $629 billion in revenues last year, just below the global top five financial companies and more than the combined sales of leading players in tech or telecoms. Many amass speculative positions worth ...