You could argue that Alan McCorkle has as good a perch from which to watch the US economy as anyone at the Federal Reserve. Read More US unlikely to provide an engine for growth
Asian equity markets have been mixed overnight, with a lack of news events ensuring limited participation. Japanese bourses are open again after the holidays and the Nikkei is up 1.2% today, but the Hang Seng is currently down -0.6% and Shanghai Composite -1.4%. Last night’s FOMC minutes revealed that in future, Read More FOMC Pledges [...]
With wild volatility successfully wiping out both bull and bear short-term positioning overnight, Asia shrank into its shell and kept currencies in tight ranges ahead of the EU summit this weekend. An early leak of the draft communiqu? has perhaps reduced some of the surprise element, (though there are a Read More Will The EU [...]
Trichet joined the Swiss National Bank and the Bank of Japan of pumping more money into the banking system, by providing 6-month loans in a newly announced liquidity operation. That is an admission that monetary policy needs to help stimulate an economy that has started to see a “deceleration in Read More Trichet Pushes Off [...]
Its possibly a dangerous statement to make, but trends for the week ahead will probably not be determined principally by economic data releases as the markets are liable to be focussed elsewhere. There looks to be scope for an immediate relief rally for the Euro, but selling EUR/USD on rallies Read More Reality Check to [...]
There are few tragedies worse than a fire. Even when everyone walks out alive, the pieces of people’s lives are left charred and burned in the remains. Pictures, valuables and important documents tend to all be lost. There’s no getting some of these items back. It’s a sad fact of life and especially one with [...]
What do politics have to do with precious metals? A lot, according to Brien Lundin, who writes Gold Newsletter. In this exclusive interview with The Gold Report, Brien reveals how the November elections will be pivotal to gold and why President O 6 Vote(s) Read More Obamas policies could provide a big boost to Gold
When it comes to getting a good night’s sleep, the possibilities are many. There are regular, spring mattresses, water beds, sleep systems, roll-away beds and more. One possibility that is gaining a lot of attention lately is the air mattress bed. There are a number of different kinds of air beds, too. Some are just [...]
The Polish currency extended last week’s gain this week as the Eastern European nation is showing one of the quickest recoveries in the region, increasing attractiveness for the zloty regionally.(…)Read the rest of Poland’s Economic Outlook Provide Support for Zloty (75 words) Posted on Forex News. Read More Polands Economic Outlook Provide Support for Zloty
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