Credit Worries Drive Markets Lower - U.S. Commentary []

Credit Worries Drive Markets Lower - U.S. Commentary []
Wall Street was able to climb well off of its lows for the session on Monday, but it still closed with modest losses after Citigroup (C) issued a bleak outlook that drove financial stocks sharply to the downside.

US Dollar Down Against Yen, Up Versus Rest Of Majors []
Monday morning, the US dollar ticked down versus the Japanese Yen, but it was up against the rest of majors. The British industrial and manufacturing production data for the month of September released at 4:30 am ET strengthened the US dollar further against the Pound.

Bears In Firm Control On Thursday - U.S. Commentary []
The markets are experiencing severe weakness on Thursday, with financial stocks leading the downward move after Citigroup (C) was downgraded by CIBC World Markets this morning.

Yen Moves Away From Early Highs Versus Dollar And Euro Monday Morning [USD/JPY]
The yen saw most of its early gains versus the dollar and euro negated in New York's late morning dealing Monday, with currencies being driven largely by movements in the volatile equities markets. Global stocks plunged overnight, sparking interest in the safer, lower yielding yen.

European Markets Rise On Strong Oils, Miners - European Commentary []
The European markets rose on Monday, as energy stocks rallied after crude oil prices climbed to a record high and mining stocks edged higher after metal prices advanced.

Financials Offset Jobs Report Optimism - U.S. Commentary []
The markets are mixed on Friday, as weakness in financials is contributing to losses by the Dow and S&P, while strength in technology drives the Nasdaq to modest gains.

Euro Weakens Further Against Dollar And Yen []
Extending the European session's downtrend, the Euro fell sharply against the dollar and the Yen at 5:45 am ET. As of 5:55 am ET, the euro collected 1.4450 against the dollar and 165.22 versus the Yen.

Stocks Close Higher Amid Volatile Trading - U.S. Commentary []
Stocks fought through a volatile session on Friday to finish with modest gains after concerns about financials eased late in the session.

Jobs Report Expected To Lift Markets - U.S. Commentary []
Stocks are expected to open Friday's session in positive territory after a strong jobs report issued this morning shook off fears of weakness within the housing and credit markets.

Yen Advances Against Majors []
During the European session on Monday, the Japanese Yen advanced against the other major currencies. Up from Asian session low of 114.83 against the dollar and 166.46 versus the euro, the Yen collected as much as 114.24 and 165.07 respectively. The Yen fetched a high of 237.63 against the Pound, compared to 239.76 in Asian trading.