Warren Buffett“A public opinion poll is no substitute for thought.”
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Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
By Edward Krudy
NEW YORK | Tue Sep 6, 2011 5:01pm EDT
NEW YORK (Reuters) – Wall Street fell for a third day on Tuesday on fears Europe still has failed to tackle its debt crisis, prompting worries the market is headed to new lows for the year.
Investors [...]
Market Brief
The JPY advanced against all 16 major counterparts before reports this week forecast to show US existing home sales fell and Japan’s export growth slowed in July. Australia’s currency weakened after the election failed to deliver a majority government for the first time in 70 years. The EURUSD traded near a five-week low [...]
The present recovery path is gaining momentum gradually throughout most of the economic activities and conditions of the world’s superpower, as what was already attested throughout the last Fed’s Beige Book and yesterday’s FOMC Rate Decision, having manufacturing, services and housing conditions expanding recently across the country along with better than-forecasted first-quarter results posted these [...]
SEOUL (Reuters) – Hyundai Motor Co’s (005380.KS) strong performance in emerging economies and growing U.S. market share drove it to a record net profit in the first quarter and should cushion it from a stronger won and rising input costs.
Asian Markets
South Korea’s Hyundai was one of the few winners during an industry-wide slump last year, [...]
Consolidation dominated the currencies market in today’s Asian session, after major pairs sharply declined last week. Still the dollar appear to be the biggest winner and the USDIX rose slightly in the Asian session recording a high of 81.74 and a low of 81.58, while it is currently trading around 81.65.
The euro dollar pair [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
LONDON – The euro rebounded from a 10-month low on Friday but European stocks dropped, as markets gave an initially lukewarm response to the eurozone’s bailout program for
, which would extend loans only as a last resort and involve the International Monetary Fund.
Investors’ reaction was mixed because while the program does provide a [...]
Fri, Mar 26 2010, 05:31 GMT
In our view the market is seriously overestimating the strength of the economy as the usual drivers of a sustainable recovery, namely consumer spending and housing, are in no condition to provide the catalyst that leads to steady growth. The statistical growth we have witnessed to [...]
Thu, Mar 25 2010, 08:54 GMT
The S&P 500 Index dropped 0.6% to 1,167.72 yesterday, its first decline in three days while the DJIA lost 52.68 points, or 0.5%, to 10,836.15 on concern government deficits will hamper a global recovery as Fitch cut Portugal’s credit rating and a UBS economist said Greece will [...]