FreshPips.com / User / vlad250 / Voted

Canada's Currency Weakens After Stock-Index Futures Decline

posted by MarcB 1317 days ago in USD, CAD, Daily made popular 1307 days ago

Canada's currency weakened after U.S. stock-index futures declined and Toronto's stock exchange fell yesterday, raising speculation an economic slowdown will reduce demand for the nation's commodity exports.

Discuss

Betting on the Greenback

posted by MarcB 1317 days ago in USD, Sentiment, Daily made popular 1313 days ago

The U.S. dollar has found favor as a safe haven destination once again while market players become risk averse in the current volatility.

Discuss

London can ride out economic crisis

posted by sassygirl 1317 days ago in GBP, Employment made popular 1314 days ago

London faces substantial job losses over several years warns a new report from researchers at LSE London. But in the longer term the capital has the underlying strength to recover from the effects of the world’s economic crisis.

Discuss

Shares rebound on rescue plan

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

THE stock market rallied today and recorded its biggest one-day rise in almost 11 years after the Federal Government took measures to stabilise the banking system by guaranteeing bank deposits.

1 Comment

Shares post best daily gain in a decade

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

Update Australian shares rallied to their biggest one-day gain since October 1997 after renewed efforts by governments at home and abroad to bolster banks sparked renewed confidence in financial stocks and big miners..

Discuss

Australian stocks rebound, led by banks

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

The battered Australian share market rallied on Monday, rising more than five per cent as investors gained confidence from the government's emergency plan to protect the nation's banking system from a global financial meltdown.

Discuss

Japan, South Korea reaffirm Asia crisis fund

posted by czarinacleopatra 1322 days ago in JPY made popular 1321 days ago

Japan and South Korea agreed to push ahead with plans for a foreign exchange pool to be used in the event of a regional financial crisis, reports said Sunday.

Discuss

Time to come clean

posted by mags23 1322 days ago in AUD made popular 1321 days ago

Australia's Big Four banks are all exposed to the default of Lehman Brothers via credit default swaps (CDS) - a noxious bull-market derivative which threatens further contagion in the ailing global financial system.

Discuss

Asian stocks rise on rescue plans

posted by czarinacleopatra 1322 days ago in EUR, JPY, AUD made popular 1321 days ago

Government measures announced over the weekend have received widespread support in Asia Monday as markets opened there for the first day of the trading week.

1 Comment

Asia stocks rally on hopes for bank rescues

posted by czarinacleopatra 1322 days ago in USD, EUR, JPY made popular 1321 days ago

"For the next few months, anything that is emerging markets oriented, they would have a further beating," she said at a Reuters Wealth Management Summit in Singapore. Panic last week about the fate of the global financial system also ripped apart

Discuss

Japanese government to stop selling bank stakes

posted by czarinacleopatra 1322 days ago in JPY

The Japanese government and central bank are to stop selling their two-trillion-yen (US$20-billion) stake in domestic banks to avoid putting further pressure on finance stocks, a report said Monday.

Discuss

Families and companies will suffer as financial crisis infec

posted by sassygirl 1322 days ago in GBP made popular 1314 days ago

Families and companies will soon start to suffer because of the financial crisis as banking turmoil helps create a "perfect storm" in the economy.

Discuss