Markets cautious as economic outlook darkens
TOKYO: Worries about the spluttering global economy kept investors on edge Friday, although efforts by governments to keep credit flowing helped to calm recent panic on world markets.
Most Asian Stocks Decline on Recession Concerns; Banks Slump
Most Asian stock markets fell, paring the MSCI Asia Pacific Index's weekly advance, on signs the credit market turmoil is curbing demand for the region's exports and causing economies to contract.
Forex Trivia-List of Currency Codes
A currency code is the 3-letter code, established by the ISO (International Organization for Standardization), that describes the common currency used in a specific country. These currency codes were developed in 1973 to be used in application of
Japan's LDP Is Planning for November Elections
Japan's ruling coalition is planning to call elections by the end of next month even as the global financial crisis threatens to spark a worldwide recession, an advisor to Prime Minister Taro Aso said.
something wrong...
I was reading Jason Alan’s book, when I saw this saying at the beginning of one of the chapters:
Markets Consolidate in Tight Range
The forex markets are basically staying in tight range in early US session. Rally in dollar and yen lost some steam after European stock markets recover some of the earlier losses. US stocks are mixed at open as market digests yesterday's losses.
Where Does Oil Go from Here?
As oil prices top $125 and take other energy prices higher, where do oil prices go from here? Crude oil appears to be overbought in the short term but sentiment doesn’t seem to be at a bullish extreme, indicating that there may be more upside in
Philly Fed Index Indicates Substantial Contraction In Octobe
Thursday morning, the Federal Reserve Bank of Philadelphia released its report on manufacturing activity in the mid-Atlantic region in the month of October, showing that activity contracted at a much faster than expected pace.
Why Isn't the EUR/USD Rallying?
Unlike the other major currencies, the EUR/USD has not joined in the rally today. For currency traders looking for an explanation, the answer is OIL.
Free webinar with Rob Booker - October 21
Rob Booker will be presenting on Trading Post's TP Tuesday series of free webinars on October 21st.Other featured speakers include Lewis Evans of Left Brain Trading, Marius Alexe of PhinCorp Capital Markets, and Colin Cieszynski of CMC Market
Rudd holds emergency business summit
Prime Minister Kevin Rudd will hold an emergency summit with some of the country's top business leaders today as the once-stellar economy turns down amid financial market turmoil and the threat of global recession
Business faces 'somewhat dismal' future
SOME Australian businesses are already in the doldrums, others are expecting to get hit soon by the world economic crisis, a business leader said.


