News Headline Summary

As European cash markets head towards today's close, the major bourses are now seen trading lower on the day as the Eurogroup meet in Brussels...

Update details:

EUR/USD has been trading within a tight range for a large portion of European trade today with little new developments in Europe giving direction to the pair.

Equity markets have seen downside since the opening bell on Wall St but volumes do remain thin as market participants are away due to Veteran's Day.

The Spanish 10yr yield has crept higher in the latter part of trade today, with anxiety surrounding the financial situation in Spain also evident in the under-performance in the IBEX 35.

Print 16:18, 12 Nov 2012 - Market Analysis - Source: RANsquawk