Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
Developed market funds suffer investor redemptions »
NEW YORK (Reuters) – Investor concern about tightening lending conditions in China and deteriorating finances in Greece and Japan led them to pull cash out of developed market equity funds for debt funds in the week ended January 27, fund tracker EPFR Global said late on Thursday.
“Overall, investors pulled over $9 billion out of [...]
London Gold Market Report »
Thu, Jan 28 2010, 14:20 GMT
Gold “Inevitably” Tracking the Euro as Fed Holds, Risk Assets “Challenged”
of wholesale gold bounced higher from a new 5-week low to the Dollar overnight in Asia on Thursday, rising in London trade to match a 0.5% gain in world stock markets.
Earlier dropping as the European [...]
Market slips as caution offsets earnings (Reuters) »
NEW YORK (Reuters) –
U.S. stocks slipped late on Tuesday due to trepidation over churning political and regulatory developments, offsetting solid earnings and improved consumer confidence data.
on Wednesday night.
began a two-day meeting on Tuesday against the backdrop of a Senate debate over Chairman Ben Bernanke's reconfirmation. The meeting is expected to yield few policy [...]
U.S. Forex Market Commentary »
U.S. Forex Market Commentary
Fri, Jan 22 2010, 01:33 GMT
The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4030 level and was capped around the $1.4140 level. U.S. President Obama spooked the global financial markets today when he announced some purported wide-sweeping changes to [...]
Obama share scare: Market drop shows vulnerability (AP) »
NEW YORK – It was the fat cats’ fault before. But now it’s becoming Obama’s.
stubbornly high, people were already shifting blame for their economic woes to
one year into his presidency. Last week, investors joined them.
For 10 months, the stock market climbed at breathtaking speed. But the
suffered its worst week since dropping [...]
Bobbys Corner-Open Market-Jan.22.2010 »
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 [...]
It’s all about Greece in the European market right now »
Thu, Jan 21 2010, 06:35 GMT
was attended by many central bank officials from the CEE region such as Czech central bank vice governor Miroslav Singer, Hungarian central bank governor Andras Simor and Romanian Deputy Governor Cristian Popa. While some were fairly upbeat on this year’s GDP growth prospects, such as Singer who [...]
Narrow trading range for the EURUSD as the market struggles for a directional clue. »
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 [...]
Few called market turn, fewer predict it will last (AP) »
NEW YORK – Few analysts forecast this year’s remarkable stock market rebound as major indexes were plunging to 12-year lows last March. Now, with most experts predicting the pace of stocks’ gains will slow in 2010, there’s reason to believe they will be proven correct.
. and other big banks said they were making money [...]
New York hits GBPUSD in early trade as the market focuses back on the dollar buying – for now. »
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 [...]