Results tagged “forex” from Dealbreaker

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Dealbreaker Afterdark: Big Auto In Big Trouble

The Senate compromise looks dead at the moment. CNN is reporting that bipartisan talks have collapsed and the Senate bill looks dead. The pressure actually falls back to Pelosi now, who played a bit of legislative brinkmanship with the Senate...

Opening Bell: 12.09.08

Wall Street Is No More (Bloomberg) ""There's no more Wall Street," Greenberg, 81, said last night in an interview on Bloomberg's "Money & Politics" television program. "That model just doesn't work because it's at the mercy of rumors."" This...

No One Likes A Know It All

The days of lecturing China may be over for the moment. But, really, how perfectly did you want them to embrace capitalism just now? The head of China's sovereign wealth fund says he's lost the confidence to invest in U.S....

Fed Searches Control Room For More Buttons

Gentle signs of Japa-nic are beginning to show, don't you think? What with the Fed poking around and toying with things like buying up Treasuries (drives the yields down you know) and convincing the Euro folk that "cool kids lower...

Barclays Investors Approve Shareholder Dilution

It was touch and go there for a while but Barclays Plc shareholders have given the British bank the go-ahead on a 7 billion pound ($10.44 billion) capital raise. The fractional owners had been ticked off about not being asked...

Opening Bell: 11.13.08

Citi Considering New Chairman? (Reuters) The BOD, dissatisfied with the performance of the company, may be moving to seek new leadership. The majority of this article is blatant conjecture, so we'll skip the thriving analysis and just jump to the...

Opening Bell: 11.10.08

China Authorizes Massive Bailout (FT) The Chinese have authorized a bailout package of unprecedented size: $586B. In a statement regarding the bold move, "The government said the spending plan reflected a decision to adopt an "active" fiscal policy to deal...

Delicious Rate Cuts For Everyone!

The audience able to take advantage of the morning's European rate cut was almost entirely composed of the vanishingly small community of insomnia plagued index futures traders, and even that crowd better have taken their gains quickly, as the advance...

Opening Bell: 11.06.08

European Markets All Out Of That Special European Flair, May Turn To Snorting Zoloft. (Reuters) Markets across Europe were down overnight on continued credit worries and fear that the incoming administration may not be able to move quickly enough. In...

Opening Bell: 10.30.08

"Analysts welcomed the move but said it had already been priced in and the outlook remains grim." (Reuters) This has all the grace of a blind dog running head first, full speed, into a brick wall. Sure Bernanke, you say...

That Will Show Them!

Iceland's central bank Tuesday pushed its key interest rate up to a record high of 18% from 12%, reversing a hefty rate cut earlier in the month. [...] Trade in the Icelandic krona is at a virtual standstill and is...

Worst Pep Talk Ever?

From: Lowenthal, Albert Sent: Oct 24, 2008 8:47 AM Subject: Today It has never been more difficult to come to work and face overnight market reports and the continuous cacophony from market pundits telling us how the world as we...

Opening Bell: 10.24.08

U.S. stock futures blasted after Asia plunge (Marketwatch) U.S. futures are getting smashed up this morning after a nightmare trading session in the Asian markets (see next article). Dow futures are off 546 points, while Nasdaq futures are falling 82.5...

Opening Bell: 10.23.08

Futures fall as recession fears weigh (Reuters) There's no end in sight to the bottom of this week's selloff -- but this morning there is perhaps the beginning of one. S&P futures are down 7.7 points, Dow Jones futures lower...

Evita's having a bad hairday

Is Argentina's government deliberately trying to fuck its consumers? Off the DJ wire: Very few bonds had traded yet, but the dollar-denominated Boden 2012 was down sharply to the peso equivalent ARS136 from its open at ARS149.90. On Tuesday, President...

Opening Bell: 10.22.08

U.S. Futures Weighed Down by Gloomy Earnings Reports (TheStreet.com) Despite good news from the Apple camp after the bell yesterday, an overnight selloff along with the likes of AT&T, Wachovia and Boeing reporting today is having a gloomy impact on...

When do we hit a bottom?

So ... suddenly, the market turned up 4% or so. Unfortunately, this is less likely anything to do with equity valuations being at bargain prices, and more to do with index option expirations, many of which take place Friday. This...

Germany Concedes Bloated Rescue Required For Formerly Bloated Banks

It is hard not to sicker at the snotty Europeans (and I say this with all the love in my heart) who pointed fingers from lofty heights when the U.S. began tinkering with hundreds of billions of bailout. Originally, Germany...

Opening Bell: 10.13.08

U.S. stock futures point to rally on rescue hopes (Reuters) At long last, a big rally is getting underway. S&P futures are soaring 6%, Dow Jones futures are up 4.9%, and Nasdaq futures are jumping 5.4%. Global markets are rallying...

Opening Bell: 10.10.08

U.S. stock futures pointing to further losses (Marketwatch) It's getting easier and easier to make an accurate call on the market these days: all you have to do is say, "major indices will be down between 5% and 10%." With...