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The news pushed the euro to a new, nine-year low against the dollar - falling to $1.1728 at one point, below the levels at which it was launched in 1999, Oil prices meanwhile came under pressure as the World Bank cut its growth forecast, pushing Brent crude as low as $45.59 before recovering.
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Significant increases in sales of a number of the companys drugs, such as Zyprexa and Cymbalta, and the firms decision to raise its 2010 earnings forecast pushed Eli Lillys shares higher today.
Wal-Mart's international unit outstripped profit forecasts, pushing up overall quarterly results.
B&Q owner Kingfisher, on the other hand, beat first-half profit forecasts, pushing its shares 6p, or 2.7% higher to 224.9p.
"Economists are steadily raising growth forecasts, pushing up risky markets and creating a self reinforcing dynamic," says the Morgan report.
See articleTesla Motors sold 6,900 of its Model S luxury electric cars in the fourth quarter, around 1,000 more than it had forecast and pushing it well above its sales target for 2013.
Forecasts push results out 5 days using the 5km resolution National Weather Service NWS National Digital Forecast Databasese (NDFD).
The economic forecasts pushed by Russian leaders, foreign dignitaries and gurus were just as bleak.
The increase, which was in line with economists' forecasts, pushed the index to 115.4, still below its high of 116.5 in May.
Climate change is forecast to push sea levels in southern Florida three to six feet higher this century, perhaps more.
According to the United States Department of Agriculture USDAA), despite an expected bumper crop, voracious consumption of grains is forecast to push coarse-grain stockpiles down by 18m tonnes this year to 104m tonnes, the lowest in three decades.
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