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FX traders heed Draghi "don't short" advice on euro
LONDON - European Central Bank chief Mario Draghi's warning not to bet against the euro has given traders pause and should see the currency rise in coming weeks though any delay in implementing anti-crisis measures will see it punished.
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Standard Chartered Falls Most in 24 Years on Iran Probe
Standard Chartered Plc (STAN) fell the most in almost 24 years as an analyst estimated it may face costs of $5.5 billion after being accused of violating U.S. money laundering laws over its dealings with Iranian banks.
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Oil Near Two-Week High on U.S. Supplies; Brent Tops $110
Crude climbed to the highest level in more than two months after better-than-estimated corporate earnings bolstered optimism that economic growth will accelerate.

 

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