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Dubai Gold & Commodities Exchange Weekly Market Commentary - January 29, 2012

Date 29/01/2012

Welcome to the Weekly Market Commentary from DGCX, providing you with a snapshot of what’s happening in the energy, precious metal and currency futures markets. 

World Economic Forum: Restoring Confidence Crucial To Rebuilding World Recovery

Date 28/01/2012

• No country immune from current crisis, says Lagarde
• Need to build firewalls to restore confidence
• Countries must tailor their budget responses to individual situation

World Economic Forum Annual Meeting In Davos: Eurozone Must Show “Colour Of Money” Before World Helps With Financial Rescue

Date 28/01/2012

• No country is immune from the Eurozone crisis
• Other countries will not help unless Eurozone leaders show political will
• A financial firewall is needed to help stem the debt crisis
• The theme of the 42nd World Economic Forum Annual Meeting is The Great Transformation: Shaping New Models. For more information, visit http://wef.ch/Davos

World Economic Forum Annual Meeting In Davos: Japan’s Prime Minister Calls European Debt Crisis The Greatest Risk To The World Economy

Date 28/01/2012

• Japan expresses willingness to do what it can to support the Eurozone
• Japan is working with South Korea and India to prevent crisis spreading to Asia
• The theme of the 42nd World Economic Forum Annual Meeting is The Great Transformation: Shaping New Models. For more information, visit http://wef.ch/Davos

SEC Deputy Inspector General To Serve As Agency’s Interim Inspector General

Date 27/01/2012

The Securities and Exchange Commission announced today that Noelle Maloney will serve as interim Inspector General for the agency following the departure of Inspector General H. David Kotz to join a private investigative services firm. Mr. Kotz’s last day at the Commission was Friday, Jan. 27.

Fitch Comments Further On Downgrade Of Slovenia To 'A' - Negative Outlook

Date 27/01/2012

Fitch Ratings is providing further comment on the rating actions it took earlier today on Slovenia, where its Long-term Issuer Default Rating (IDR) was downgraded to 'A' from 'AA-', Negative Outlook, and its Short-term IDR was downgraded to 'F1' from 'F1+'.

New Bahamas International Securities Exchange (BISX) Office Location

Date 27/01/2012

The Bahamas International Securities Exchange (BISX) is pleased to announce that its offices will be moving to a new location. Effective Monday, January 30, 2012, BISX's new office address will be the Fort Nassau Centre, Suite 201, 2nd Floor, of the British Colonial Hilton. This office formerly housed the law offices of Lennox Paton. In announcing the move to their new location Mr. Keith Davies, BISX's Chief Executive Officer stated “We are very pleased to be in our new location, which is not only more accessible to visitors but is also convenient to the heart of the City of Nassau. I would like to thank the hardworking BISX Staff that allowed this relocation to take place seamlessly.” The Public should note the new contact information for BISX below.

For additional Information contact:

Elude Michel-Sturrup

Bahamas International Securities Exchange

Fort Nassau Centre, Suite 201

British Colonial Hilton

P. O. Box EE-15672

Nassau, Bahamas

Fitch Comments Further On Ireland's Affirmation At 'BBB+' - Outlook Negative

Date 27/01/2012

Fitch Ratings is providing further comment on the rating actions it took earlier today on the Republic of Ireland (Ireland), where it affirmed both its Long-term Issuer Default Rating (IDR) at 'BBB+', Negative Outlook and its Short-term IDR at 'F2'.

BATS 1000 Index Rises 0.4% This Week

Date 27/01/2012

BATS Global Markets, a global stock market operator, reports the BATS 1000®Index (Ticker: BATSK) advanced for the fourth week in a row, rising 58.10 points, or 0.4%, this week to close at 15,074.22 as of 4 p.m. ET today. 

Fitch Comments Further On Downgrade Of Italy To 'A-' - Outlook Negative

Date 27/01/2012

Fitch Ratings is providing further comment on the rating actions it took earlier today on the Italian Republic (Italy), where its long-term issuer default rating (IDR) was downgraded to 'A-' from 'A+'; Negative Outlook; and its short-term IDR was downgraded to 'F2' from 'F1'.