FreshPips.com / User / trade2win / Voted

Right stimulus for uncertain times

posted by mags23 1320 days ago in AUD made popular 1320 days ago

The Rudd Labor Government, so often criticised for preferring to stage public discussion of policy rather than enabling it, has shown surprising boldness with its economic stimulus package unveiled yesterday. Underlining the audacity of this pre-

Discuss

Welcome to the Google Economy

posted by trade2win 1320 days ago in USD, Fundamental

In the financial crash, we are seeing two forces at work: first, a corrupt system of unregulated leverage gone mad — virtual value (which is to say, bullsh*t) created in derivatives — but second, a world whose fundamental structure is changing in

Discuss

German Investor Confidence Sinks In October On Financial Mar

posted by fxmasta 1320 days ago in EUR, Fundamental

Deepening tensions in the financial markets worsened the German economic sentiment and the current situation indexes in October, a closely watched survey revealed Tuesday.

Discuss

Economic signs pointing down

posted by pipsmgee 1320 days ago in USD, Fundamental

The U.S. recession has been nearly forgotten in all the anxiety about the financial meltdown in the past few weeks. For those who care about the fundamentals, however, the coming week will feature a lot of data about the economy, much of it rathe

Discuss

Yen Declines Against Euro as Bank Rescues Support Carry Trad

posted by maximumpips 1320 days ago in JPY, Technical, Fundamental

The yen fell against higher-yielding currencies after governments in the U.S., Europe and Australia pledged to support banks, encouraging investors to increase holdings of euros, pounds and Australian dollars.

1 Comment

World stocks soar as credit markets ease

posted by czarinacleopatra 1320 days ago in EUR, JPY made popular 1320 days ago

LONDON - Stock markets in Europe and Asia rose strongly for a second straight day Tuesday after Wall Street rallied from its worst week ever on mounting evidence that government attempts to shore up the world’s battered financial system are begin

Discuss

UK government takes stake in three banks

posted by sassygirl 1321 days ago in GBP made popular 1320 days ago

The British government on Monday said it would make a multi-billion investment in three of the country's major banks to help them through the "first financial crisis of the global age."

Discuss

Business conditions steady despite turmoil

posted by mags23 1321 days ago in AUD made popular 1320 days ago

A key measure of Australian business conditions held broadly steady in September in the face of global financial market turmoil, helped mainly by the booming mining sector, a survey showed on Tuesday.

Discuss

Bush to announce expanded bank bailout details

posted by odell 1321 days ago in USD, Fundamental, Consumer made popular 1320 days ago

The Bush administration plans to spend an initial $250 billion of the $700 billion bailout buying stock in private banks, greatly expanding protections for the U.S. financial system out of deep concern for the faltering economy, industry and gove

Discuss

EU Nations Commit 1.3 Trillion Euros to Bank Bailouts

posted by odell 1321 days ago in EUR made popular 1320 days ago

France, Germany, Spain, the Netherlands and Austria committed 1.3 trillion euros ($1.8 trillion) to guarantee bank loans and take stakes in lenders, racing to prevent the collapse of the financial system.

Discuss

All Eyes on the U.S. Dollar

posted by trade2win 1321 days ago in USD, Fundamental, Daily made popular 1321 days ago

The week past may have been the most wrenching in the history of US equities. From Monday to Friday the Dow lost 18.1%, the S&P 18.2% and the NASDAQ 15.3%. European and Asian bourses had their worst week on record and exchanges in Russia, Indones

Discuss

Oil Rises as U.S., European Governments Move to Support Bank

posted by maximumpips 1321 days ago in Oil made popular 1321 days ago

Oil rose, rebounding from last week's 17 percent plunge, as governments in the U.S. and Europe acted to stem the worst financial crisis since the 1930s.

Discuss