Robert Prior-Wandesforde, Director of Asia Economics at Credit Suisse explains why his thoughts on Europe, specially on the UK are changing specially given the global economic backdrop.
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The euro rose on Tuesday but remained below the previous day's one-month high, having taken a hit after Germany tempered hopes that European leaders would soon come up with a quick, comprehensive solution to the euro zone's debt crisis.
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The euro hovered near a one-month high on Monday after Group of 20 officials said they expected an Oct 23 European Union summit to decisively address the region's debt woes, supporting hopes for a long-term solution.
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Gold prices held steady on Thursday, as optimism on resolving the euro zone crisis fueled risk appetite and underpinned sentiment in precious metals, after political parties in Slovakia agreed to back the expansion of the bloc's rescue fund.
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The euro held huge gains in Asia on Tuesday after hopes for a new EU debt plan sparked a correction in a deeply bearish market, though sentiment remains fragile as European leaders have disappointed many times before.
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هذا الموقع يستخدم ملفات تعريف الارتباط (الكوكيز ) للمساعدة في تخصيص المحتوى وتخصيص تجربتك والحفاظ على تسجيل دخولك إذا قمت بالتسجيل.
من خلال الاستمرار في استخدام هذا الموقع، فإنك توافق على استخدامنا لملفات تعريف الارتباط.