From a Time Magazine article in 1959:
Darvas places his buy orders for levels that he considers breakout points on the upside. At the same time, he places a stop-loss sell order just below his buy ord... Read More
German Chancellor Angela Merkel and Luxembourg Prime Minister Jean-Claude Juncker called for urgent regulation of credit-default swaps to shore up the euro area and prevent a rerun of the Greek financ... Read More
Describing the US bond market as “important” to China, an official with China’s foreign exchange office said that China expected a greater inflow of capital this year. This suggests... Read More
The United Arab Emirates offered its support to Dubai as the struggling member-state attempts to restructure more than $26 billion in debt. State-owned conglomerate Dubai World DBWLD.UL is holding inf... Read More
After hitting a six-week high on Monday, markets tumbled in early trading as investors paused to take a closer look at recent data. Both the euro and sterling fell against the dollar and oil, despite... Read More
Few seem convinced about the Euro-zone escaping further repercussions. Even leaders and policy makers disagree on ‘the positive actions’ to be taken. Greece, technically, could be the smallest of all... Read More
A larger-than-expected rise in housing starts helped push the Canadian dollar to a six-week high against its US counterpart. The Loonie touched C$1.0257 on news that the number of housing starts incre... Read More
For the past few months, all eyes have been on Greece and Dubai as the two countries struggle to deal with a growing debt crisis. Fears of insolvency have abated somewhat with recent, but vague, promi... Read More
International Monetary Fund Managing Director Dominique Strauss-Kahn said “there is no reason” to believe that other EU countries in addition to Greece will require external support to dea... Read More
After Friday’s pleasant US employment surprise and a market starting to discount Greece with its European support is pushing ‘risk’ back in vogue. Regulators are look at implementing restrictions for... Read More