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Forex Market Update
Equity market swoon on TARA failure smacks carry trades for enormous losses. Uncertainty at first hurt the USD, but bounceback now materializing.
Contagion risks to "real" economy grow by the day as Congress not likely to act again until late this week.
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Betonmarkets.com Morning Report
Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com
The bloodbath that started yesterday in the United States is set to continue, as the FTSE futures indicate an opening down 5% from yesterdays closing. The SP500...
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Market Update from Trade The News
Asian Market Update:
The USD, Gold and JPY gain on safe haven flows
- Economic Numbers: In NZ, August
building permits worsened (AUG BUILDING PERMITS MOM: -7.9% V 4.7% PRIOR),
while Sept business confidence improved (SEPT NBNZ BUSINESS...
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AUD/USD - Australian Dollar US Dollar, European Session - 30/09/08
0,8027.
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EUR/AUD - Euro Australian Dollar, European Session - 30/09/08
1,7936.
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EUR/CAD - Euro Canadian Dollar, European Session - 30/09/08
1,5123.
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EUR/CHF - Euro Swiss Franc, European Session - 30/09/08
1,5739.
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EUR/JPY - Euro Yen, European Session - 30/09/08
150,15.
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The Brief Daily Forecaster 30th September 2008
DAILY ANALYSIS FOR USDCAD
Bias: While 1.0409 supports I still see potential for 1.0513 and 1.0558
Finally we get a break above 1.0398-06 which generated the advised reaction
to the 1.0471-86 area. This does seem more likely to see...
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GFT Daily Market Commentary
Forex Market Commentary for September 30, 2008 by Cornelius LucaGFT Daily Market Commentary The appetite for risk imploded on Monday after the House of Representatives unexpectedly rejected the $700 billion TARP and the S&P's 500 Index tumbled the most since the...
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Market Overview by FX Tech Trade
http://i1.ytimg.com/vi/ht_MFTk0ShA/default.jpg Watch this 3 minute sample clip from my no BS 6-Hour Instructional DVD - PennyStocking - Penny Stock Trading Strategies To Maximize Your Profits
Author: timothysykesdotcom...
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Avoiding A Recession Without The Bailout Bill
The critical issue is whether main street businesses that rely on credit to fund their operations will be cut off, suddenly, from credit. A sudden cut-off of credit to otherwise healthy companies would trigger a severe recession, ...
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It Is A Surprise That The Bailout Plan Fails To Pass The House
Graphic courtesy of the WSJ. From the WSJ:. WASHINGTON — The House of Representatives delivered a stunning defeat to legislation designed to rescue the nation’s troubled financial system, sweeping aside a call from President...
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Dow Suffers Its Worst One-Day Loss Ever On Bailout Vote Rejection
NEWS: The Dow (^DJI) suffered its worst one-day point loss ever, down 777 points or 7%. The S&P 500 (^GSPC) took an even bigger hit, dropping 8.8% or 106 points. The NASDAQ (^IXIC) plummeted 199 points or 9.1%. ...
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Stock Market Summary: Shorting Ban In Place Means There Isn’t Much ...
The markets gave a Bronx Cheer to the bailout proposal “before” there was even a congressional vote today. After the vote failure the ongoing sell-off intensified. My understanding, based on news reports, is that...
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