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FTSE 100: The Blood Bath continues, Rio Tinto sinks

www.economy-news.co.uk
[Economy News] - Some of today's gains may be attributed to a 'dead cat bounce' as both the underlying macro scenario (poor manufacturing and factory orders from the US) and corporate earnings remain largely unsympathetic to investors," says a note from Chris Purdy at

Europa: Finansaktier leder uppgång, DJ Stoxx 50 +0,5 %

www.di.se
[Dagens Industri] - "Gårdagens blodbad på de europeiska börserna kändes som något ur en riktigt dålig zombie-film", skrev Chris Purdy, aktiemäklare på Spreadex, i en kommentar. I dagens återkomst var bank- och försäkringsbolag de mest högpresterande sektorerna.

Euro stocks drop on US default fears

www.iol.co.za
[Independent Online] - “Banks are falling after poor results from Santander and Goldman Sachs cut the sector to neutral from overweight,” said Chris Purdy, an analyst at Spreadex traders. Santander reported a percent slump in first-half net profits to billion

Weak banks drag Britain's FTSE lower

www.reuters.com
[Reuters] - "The 'kick the can' approach we saw a few weeks ago with Greece seems to be the new game-plan for (the US) Congress, representing a massive step backwards for the largest economy in the world," said Chris Purdy, a trader at Spreadex.
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