Forex HEADLINES

Mining shares were the second best performing sector in Europe after Merrill Lynch said that BHP Billiton could be broken up and sold for a total market cap of 201 billion dollars.

All European indices were higher, with IBEX outperforming the rest with the help from Gamesa, Telecinco and Fomento de Contruc Y Contra (FCC) as the strongest performing members.

Yahoo shares trading in the European session jumped more than 15 percent after Microsoft according to the New York Post had asked for talks about a possible acquisition.

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