Buyout Of Merrill And Bankruptcy Of Lehman Heightens Worry Of US ... After a weekend in which the deepening US credit crisis sent one top investment bank to bankruptcy court and a second into the arms of a “White Knight” suitor, US stocks yesterday (Monday) recorded their worst day since...

Market Update: US Consumer Price Index And Goldman Sachs Earnings Good morning. The Fed has accepted another $50 Billion in overnight repo’s. The S&P futures are at 1177 right now. Oil prices continue to fall ($91.85), the US dollar declines, USD/JPY is at 103.72 and AIG (AIG) is still in...

Financial Sage Roubini Warns Of “Slow-Motion Run On US Retail Banks” Gold and silver rallied Monday as the crisis on Wall Street worsened with gold up $21.70 to $782 and silver up 28 cents to $11.02. Gold fell slightly in Asian trading but has risen in early European trading to $780/oz....

Looking For Government Help? Here Is The Scorecard If it were not so serious, it would be amusing. So many who generally believe in free markets and small government are suddenly unhappy whenever there is no government intervention. Whenever we hear a criticism like this, we try to look ... ...

The Resilience Of American Finance: The Future Growth Of Financial ... The turmoil in the financial markets will reorganize the financial landscape. But this does not mean the financial industry will shrink dramatically. In fact the current … ... Go to Full Article

Varengoldbank FX - Daily FX Report This morning’s Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar. Click for the full report. Go to Full Article

Market Overview by Forex Yard Economic News * USD US Federal Funds Rate on Tap The greenback experienced an intense trading session yesterday against all the other major currencies. The EUR/USD pair crossed the 1.4475 level then suddenly dropped as low as 1.4090! As of right now the USD...

Japanese Yen v. U.S. dollar in Forex Trading Which currency is least risky on the FX market?Right now, the Japanese yen and the U.S. dollar appear to be battling each other over which currency is the least risky right now. Go to Full Article

Euro Continues to Struggle in Forex Trading Euro drops against greenback in currency tradingEven with all the financial turmoil yesterday, the greenback still managed to pull it out in currency trading against the euro. Go to Full Article

Wachovia Daily FX Report Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups Click for the full report. Go to Full Article

New Overnight Developments Abroad: AIG Downgraded and Stocks Tumble Further Both Moody?s and S&P reduced ratings on troubled AIG, which needs to raise a huge amount of capital today. Fed and U.S. Treasury have not stepped in to help AIG. Markets are pricing in a 25-basis point Fed ease...

Market Update from Trade The News European market Update: BOE favors slower economic growth to bring inflationary expectations back to target; ZEW data better on lower oil and softer Euro curency *** ECONOMIC DATA *** - (GE) August CPI M/M: -0.3% v -0.3%e; Y/Y: 3.1% v

Forex Market Update FOMC on tap after one of Wall Street's worst days in history. Will the Fed cut 100 bps? ECB and BoE hopelessly behind the curve - will they begin to send the right signals soon as inflation likely to move to 0? MAJOR HEADLINES ? PREVIOUS SESSION

Forex & Economic Commentary by Lloyds TSB The turmoil in financial markets is likely to overshadow economic releases today as market participants brace for the Fed FOMC rate decision tonight and the press statement of the Bank’s assessment of events of the last 48 hours in the US...

Dukascopy Daily Forex Overview On Monday, the dollar hit a two-month low against the yen as turmoil on Wall Street sent stocks plunging and led currency investors to unwind risky carry trades funded by the low-yielding yen. Go to Full Article