FreshPips.com / User / DietSumo / Voted

Scots paying off debt but not saving

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

The current economic climate has brought the UK's finances into sharp focus, marking the end of the ‘buy now, pay later' culture, but despite gathering economic gloom, two in five (41%) Scots are saving less, according to a new report released to

Discuss

Australian dollar gains US4c on Wall Street's record run

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

THE dollar was 6 per cent firmer at noon as a record points gain on Wall Street sparked a flurry of demand for high-yielding currencies.

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

Shares fuelled by Wall St rally

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

Australian shares rallied for a second day, surging the most in more than two decades, as governments around the world bailed out banks and Prime Minister Kevin Rudd presented an economic stimulus package to avert a recession.

Discuss

U.K. Home Sales Fall to Lowest Since at Least 1978

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

U.K. home sales fell in September to the lowest level in at least three decades, led by London, as the financial crisis prompted price drops across the nation, the Royal Institution of Chartered Surveyors said.

Discuss

U.K. Drops Anti-Terror Measures After Lords' Rejection of Pl

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

Prime Minister Gordon Brown abandoned plans to let police hold terrorist suspects for up to 42 days without charge, after Britain's House of Lords voted against his government's proposals.

Discuss

Filling in the blanks on plans to rescue banks

posted by forexjoe 1321 days ago in Fundamental, Daily made popular 1320 days ago

Global efforts to rescue the international banking system gathered force Monday, with Europe leading the way to provide money to shore up its financial sector and calm the nerves of consumers and investors, and the U.S. hinting it's on board with

Discuss

Oil Climbs Back Above $80

posted by forexjunkie 1321 days ago in Oil made popular 1320 days ago

Crude oil turned higher in Monday's trading as traders indicated last week's sharp decline may have been a little overdone. Light sweet crude climbed to $81.19, up $3.49 on the session. Oil hit as high as $82.52 in electronic trading before easin

Discuss

Dollar Holds Firm, Less Affected by Volatility

posted by pippinator 1321 days ago in USD, Fundamental, Daily made popular 1320 days ago

Global stock markets have traded higher after central banks from the US, Eurozone, UK and Switzerland worked in coordinated effort to pump unlimited US dollars (which used to be capped) into the global financial system Monday, and following the a

Discuss

C$ Plunges Sharply, Sentiment Remains Poor

posted by piptographer 1325 days ago in CAD, Fundamental, Daily made popular 1324 days ago

The Canadian dollar ended drastically lower again Thursday, falling to more new 18-month lows as oil prices retreated further and risk aversion kept buyers away from the faltering Canadian currency, which has now fallen about 11.0% against the U.

Discuss