Wednesday, November 16, 2011

Daily US Opening News And Market Re-Cap: November 16

From RanSquawk

Market talk that the ECB is buying Eurozone government bonds, while some traders suggested that the ECB bought over EUR 2bln worth of government debt
Bunds came under pressure following a technically uncovered Schatz auction from Germany
UniCredit shares came under pressure after news emerged that co.'s CEO is meeting with the ECB, to ask for more access to ECB funding for Italian banks by widening type of collateral used
GBP came under selling pressure following higher

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