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Archive | February, 2009

News Flash - UBS Chief Resigns

26. February 2009

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UBS Chief Rohner has tendered his resignation and will be replaced by Credit Suisse CEO Oswald Gruebel with immediate effect, the bank announced today. UBS has lost billions of dollars in the financial crisis and is also presently facing a legal dispute with U.S. over tax evasion probe on UBS’s americans account holders. UBS annual loss in [...]

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Australia’s Economy Showing Resilient

25. February 2009

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The latest data coming out of Australia, Private Capital Expenditure, beat all expectations showing a strong on spending by Australia’s companies last quarter. AUD responded by moving up from 0.6460 to 0.6500 before stalling and retracing back slightly. Although the data released was great, the rebounce was mild and this has to attribute largely to the [...]

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Swiss miss

25. February 2009

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The Swiss franc, popularly known as Swissy among the forex trading crowd, was made the official currency of the Helvetic republic way back in 1798. The code CHF which is currently assigned to the currency is the acronym of the Latin Confoederatio Helvetica franc. The Helvetic republic has since changed its name to Switzerland, but [...]

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AUD/USD still in a Range

24. February 2009

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Better than expected data on Australia’s Contruction Work Done and Wage Price Index failed to push AUD above the 0.655 zone. AUD has since retraced back below 0.650. The next support on AUD/USD is at 0.6460. AUD has been in a range between 0.6350 and 0.6540 since 15th Feb. Would be better to play on a breakout of this [...]

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The Mighty Swiss in Trouble?

23. February 2009

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The global financial system is collapsing before our eyes. Switzerland, being so dependent on its banking system for its economy, is facing a big problem. Although on the surface it seems Switzerland’s economy is still doing well and its unemployment being well controlled, the true is its problems haven’t been revealed yet. What could collapse Switzerland will [...]

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Wöchentliche Aktualisierung 23-2-09

23. February 2009

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Wöchentliche Aktualisierung 23-2-09 Verliert Obama an Charme? Weder die Regierung noch Mitarbeiter des Finanzministeriums konnten in der letzten Woche das Vertrauen in den Markt wiederherstellen, da die Volatilität und der Verkaufsdruck überall zunahmen. Am Montag war an der US-amerikanischen Börse Feiertag, sodass die Preisbewegungen rund um den Globus relativ beschränkt waren, denn die Investoren warteten auf die [...]

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Lettre d’information hebdomadaire: 23.2.09

23. February 2009

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Lettre d’information hebdomadaire: 23.2.09 Le charme de Obama a-t-il fini d’opérer? Ni les représentants du gouvernement ni les experts de la trésorerie n’ont réussi à restaurer la confiance dans le marché auprès des citoyens la semaine dernière entrainant ainsi une augmentation des ventes et de la volatilité. Suite au jour ferié survenu Lundi dernier aux [...]

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هل بدأ سحر أوباما يخبو أخيرًا؟

23. February 2009

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2009/02/23 هل بدأ سحر أوباما يخبو أخيرًا؟ لم تنجح أي من الحكومة أو موظفي الخزانة في إعادة الثقة للأسواق الأسبوع الماضي، فقد تزايد كل من معدل التذبذب والضغوط الناشئة عن عمليات البيع في كافة القطاعات. كانت تحركات السعر محدودة نسبيًا في أسواق العالم بسبب عطلة السوق الأمريكي يوم الاثنين، حيث انتظر المستثمرون ليتبينوا ردود الفعل الأمريكية [...]

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aggiornamento settimanale - 23/02/09

23. February 2009

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aggiornamento settimanale - 23/02/09 È definitivamente svanito il fascino di Obana? Né le fonti ufficiali del governo né quelle del Tesoro sono riuscite a restituire fiducia al mercato durante la scorsa settimana, mentre aumentavano a tutti i livelli la volatilità e la pressione alla vendita. A causa della festività del lunedì nel mercato statunitense, il movimento del [...]

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Weekly update- 23.2.09

23. February 2009

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Weekly update- 23.2.09 Has Obama’s charm finally worn off? Neither government nor Treasury officials managed to restore confidence in the market last week, as volatility and selling pressure increased across the board. Due to the U.S market holiday on Monday, price movement was relatively limited across the globe, as investors waited for the U.S’s reaction regarding the [...]

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