European markets have rebounded on Wednesday after a lower close from the previous session.

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For example, Sanofi-Aventis gets close to a third of its sales from emerging markets.

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However, the company is close to nearly completing its exit from the two markets, and thus, we do not expect to see any adverse effect of these businesses in the future.

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Nokia has seen its market share in developing markets fall from what was once more than 70% in 2007 to an expected close to 50% in 2011.

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In the days after the attack, trade associations for the bond and derivatives markets fielded calls from traders who needed to know how to settle contracts due to close on days the market was not in session.

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The next potential catalyst for the exchange rate between the dollar and the yen will come from the U.S., where nonfarm payrolls data will be released after Asian markets close.

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The fear of workers flooding in from Poland or Estonia has caused all but three countries in western Europe to close their labour markets to the new members for up to seven years.

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When markets close a new anchor is dropped, and the next day investors adjust their target price from there.

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Duffy heard from angry traders, including a close friend, who argued that since they enabled the world's most liquid markets they had nothing to worry about.

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