Share The FX Buzz  Last week ended with a rather negative tone as debt problems in Dubai caused worries over the economic recovery to refloat once more but most importantly it spurred rumors there is more Dubai like bubbles awaiting to be burst. It seemed that the positive sentiment which fed markets only a few days before [...]
Continue reading...30. November 2009
Share Market Movers of the Day Europe *UK Gfk Consumer Confidence worse than expected at -17 *EU CPI better than expected at 0.6%  Americas *Canada’s GDP (3Q) lower than forecasted at 0.4% annualized *US Chicago PMI above estimations at 56.1  The Overall Sentiment  Equities US stock markets closed the day with modest gains as worries about Dubai’s debt started to lighten. Equities fell on early [...]
Continue reading...30. November 2009
Share The RBA has shocked investors over the last couple of months as the bank has changed its status regarding its rate decisions. During the midst of the recent rally, only a couple of months after the global economy began showing signs of a slight recovery, the RBA shocked the markets by increasing their central rate. Although [...]
Continue reading...30. November 2009
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Share La volatilidad se disparó hacia fines de la semana pasada, después de que la compañÃa estatal Dubai World solicitase posponer su devolución de la deuda. La noticia generó pánico de inmediato el miércoles, ya que todavÃa se desconoce la cantidad de prestamistas mundiales que se verán afectados por esta situación. Dubai World es una compañÃa [...]
Continue reading...30. November 2009
Share Volatility jumped higher at the end of the week, after state owed Dubai world requested to postpone its debt paybacks. Once the news hit headlines Wednesday evening, it immediately caused panic, as the amount of global lenders who are expected to be affected by the situation is still not known. Dubai world is a government [...]
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30. November 2009
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