European Markets Rise, Led By Banks - European Commentary []

European Markets Rise, Led By Banks - European Commentary []
The European markets rose on Wednesday, as banking stocks rallied after Deutsche Bank reported higher third quarter earnings and reiterated its 2008 pre-tax earnings forecast.

Markets Likely To Open Higher On Positive Cues From Wall Street - European Commentary []
The major European index futures are pointing towards a higher opening for the markets on Thursday. Global cues are also strong, with the U.S. stocks rallying overnight after the Federal Reserve cut interest rates and the major markets across the Asia-Pacific region trading higher on Thursday.

Euro Hits New Peak Versus Dollar, Rallies Versus Sterling Friday Morning [EUR/USD]
The euro advanced on other majors Friday morning in New York, hitting a fresh record peak versus the dollar before paring some its gains approaching mid-day. Meanwhile, the euro was able to claw back some of this week's losses to the sterling.

Dollar Hits New 26-year Low Versus Sterling; Nears 2.09 Mark [GPB/USD]
The dollar hit a fresh 26-year low against the sterling Friday afternoon, extending a 2-week downtrend that has seen the dollar fall more than 6 cents. The dollar slipped to 2.0891 by 3 pm ET, down from an overnight level near 2.08.