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08 Dec 2014

Euro Heading Into Turbulent Fundamental Seas | DailyFX

4, 2014 /PRNewswire/ --Breakaway Capital today announced that Monroe Capital LLC will dismiss its lawsuit against Warren Woo and Breakaway Capital. In a statement, Ted Koenig, President and CEO of Monroe Capital said, "Upon further investigation, it is clear that Warren's actions were not improper." Warren Woo, Managing Partner of Breakaway Capital Partners Fund, LP said, "I am pleased with the settlement and withthe acknowledgement that my actions were in no way improper. As a result of remaining a limited partner in Monroe Capital Partners Fund, LP with a financial interest in the general partner of the fund, I look forward to remaining economically aligned with Monroe going forward." About Breakaway Capital Breakaway Capital is a private investment firm based in Los Angeles with approximately $50 million of committed capital under management. Focused on companies with up to $5 million of EBITDA, Breakaway provides senior debt, subordinated and mezzanine debt, unitranche structures, structured equity and common equity to companies for leveraged buyouts, acquisitions, recapitalizations, restructurings and growth capital for both sponsored and non-sponsored transactions.For more information, please go to or contact us at . To view the original version on PR Newswire, visit: Investment & Company Information

The renewed bearish drive in a five month trend comes amid reports that OPEC members have been unable or unwilling to agree to supply cuts ahead of the official meeting today. A glut of inventory combined with softer growth forecasts (demand) have led to this remarkable bear trend and a large wealth increase in consumer nations. Emerging Markets: Russian Ruble Collapses a Second Session Towards Record Low The MSCI Emerging Market ETF jumped 1.3 percent Wednesday on tepid volume. Guided by the general drift higher in Developed World capital market trends, for a modest appeasement without committing to full blown optimism. There remains more drama on the FX side. The Brazilian Real and South African Rand are trying to fight bearish trends, but arent going far. Meanwhile USDRUB is just off record highs again. Gold: How Steady is the Market with Liquidity Drained While Mon Pol Remains Active? The trading range for spot, derivative and structured product gold markets diminished to virtually nothing through the US close.


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