Author Archive
Uncategorized - December 13, 2007 13:00
Asian markets sceptical of credit plan
Asian markets sceptical of credit planShares fell across the Asia-Pacific region on scepticism about plans by major central banks to tackle tight credit conditions while the low-yielding yen found a steadier footing after sliding overnightSource: www.ft.com
Fitch analyst sees 40 pct chance of U.S. recession
Fitch analyst sees 40 pct chance of U.S. recession LONDON (Reuters) – There is a 40 percent chance that the United States economy will fall into recession next year, a senior analyst at Fitch Ratings said on Thursday. Source: feeds.reuters.com Census Bureau to survey spending habits NEW YORK (Reuters) – The Census Bureau said on […]
Crude Oil Soars Past $94 Mark
PM – Oil soared Wednesday after data from the Department of Energy showed a drop in inventories for a fourth straight week. Light sweet crude for January delivery moved to $94.39 a barrel, up $4.37, on the session. It reached as high as $94.89, its Read More…
Bank sell-off hits FTSE
Bank sell-off hits FTSE London equities fell sharply with banks in the vanguard of the sell-off after HBOS and Northern Rock revealed the extent of their credit market writedownsSource: www.ft.com
French banks agree to set up 1 bln superfund: report
ZURICH (Reuters) – Five French banks have agreed to set up a “super-conduit” fund holding $1.47 billion of asset-backed securities early in 2008 to ensure a liquid market for any French mutual funds destabilized by the global credit crisis, the Financial Times reported on Thursday. Read More… LONDON (Reuters) – HBOS Plc , Britain’s biggest […]
Oil prices fall back to near US$94 a barrel
BANGKOK, Thailand (AP) – Oil prices fell slightly Thursday in Asia after a jump the previous session on unexpected declines in U.S. crude and heating oil stocks and following the Federal Reserve’s announcement of a plan to help banks through the credit Read More… Extract not available. Read More…
Term Auction Facility
With credit markets extremely tight due to the continuing unavailability of short term commercial paper (CP), The Federal Reserve, The Bank of Japan, The Bank of England, The European Central Bank, The Bank of Canada and The Swiss National Bank have decided to experiment with the monetary system.
French banks agree to set up 1 bln superfund: report
French banks agree to set up 1 bln superfund: report ZURICH (Reuters) – Five French banks have agreed to set up a “super-conduit” fund holding $1.47 billion of asset-backed securities early in 2008 to ensure a liquid market for any French mutual funds destabilized by the global credit crisis, the Financial Times reported on Thursday. […]
Asian markets sceptical of credit plan
Shares fell across the Asia-Pacific region on scepticism about plans by major central banks to tackle tight credit conditions while the low-yielding yen found a steadier footing after sliding overnight Read More…
Wheat Falls as High Prices May Limit Foreign Demand
Wheat Falls as High Prices May Limit Foreign Demand Wheat fell on Tuesday on speculation that high prices may limit demand. Article Tags futures wheat Kansas City and Minneapolis prices reached record levels Monday. Prices could fall as export demand looks to wane. The USDA reported that global Source: c.moreover.com
Most Popular Content
- Weak Payroll Data Sends Stocks Higher
- Gold Flying and Making New All Time Highs
- Gold Prices Slip Ahead of Anticipated Economic Data
- Oil Prices Surge From Lows Amid Mixed Global Signals
- U.S. Stock Indices: A Dance Between Optimism and Fear
- Gold Prices Dance with CPI Data and the Fed
- Oil Prices Surge Amid Record Demand and Supply Tightening
- Gold Steady As US Dollar Index Tries to Make Gains