• Oil organization OPEC considers oil pricing based on currency basket, the reason being steady decline in the dollar, which distorts the market development.
• Consumer confidence index of the University of Michigan declined to 80.9 points in October, while the market expected 82 points. This is the worst result since May 2006.
• According to its director, The Warsaw Stock Exchange wants to place a bid to buy a share in the Prague Stock Exchange.
• According to Luxembourg Prime Minister Juncker, the Euro
exchange rate causes problems to certain sectors and countries but it does not disturb the general economy performance in the Eurozone. A strong Euro
is better than a weak one, he says.