Summary Box: Stocks fall as dollar jumps
DOLLAR STORE: The dollar rose 1.1 percent against an index of six heavily traded currencies after Moody’s warned that it may cut Spain’s debt rating. A stronger dollar hurts U.S. companies that do a lot of business overseas.
View full post on Business Stories
EU facing fundamental change in debt crisis
BRUSSELS, Belgium – Europe and the euro will never be the same.
View full post on All Stories
Australia, NZ dollars plumb lows as risk shed; bonds firm
The Australian dollar sank to two-month lows on Monday as a faltering euro led investors to shun riskier currencies on doubts the bail-out for Ireland would not plug Europe’s debt crisis.
View full post on All Stories
EU backs Irish bailout, outlines resolution plan
BRUSSELS (Reuters) – The EU approved an 85 billion euro ($115 billion) rescue for Ireland on Sunday and outlined a permanent system to resolve Europe’s debt crisis, in which investors could gradually share the cost of any future default.
View full post on All Stories
Dollar falls most in more than a month
The Canadian dollar fell the most in more than a month Friday amid growing concern about the European debt crisis and tensions between North and South Korea.
View full post on All Stories
IBTimesFX – Interview with Zoe Fiddes from Easy-Forex
Zoe Fiddes about the European debt crisis, and what traders need to consider. Also she talks about the QE2, its possibility of a hyperinflation in the US and the consequences for the global economy.
View full post on All Stories
S&P cuts Ireland rating by 2 notches as deficit plan looms
Ireland’s debt rating was lowered two steps by Standard & Poor’s, with a negative outlook, as the government prepares to unveil a four-year deficit-cutting plan and contagion spread through the rest of the euro region.
View full post on All Stories
Daily forex forecast – 24/11/2010
The Aussie opens sharply lower today at 0.9710 as risk appetite took a nosedive overnight. In the absence of any market-moving economic data, European sovereign debt concerns continued to occupy the minds of investors during local trade on Tuesday.
View full post on All Stories
Caterpillar to issue renminbi bond
Caterpillar, the US-based manufacturer of earth-moving equipment, is marketing a two-year Rmb1bn bond to institutional investors in Hong Kong, becoming the first foreign industrial multinational to issue debt in the Chinese currency
View full post on Business Stories
Wall Street looks set for a higher open
U.S. stock futures are pointing to a slightly higher open as investors hope to move beyond worries about Ireland’s debt drama that dragged major indexes down last week.
View full post on Business Stories
-
Day Trading Guide- “Banana Aids” threatens social fabric on Idjwi island
- Eaton buys Cooper Industries for $11.8 billion
- The GAP gets its groove back with earnings uptick
- Facebook opens at $42
- U.S. adds anti-dumping tariffs to Chinese solar panels
- Fitch downgrades Greek sovereign debt
- Clinton urges Americans to invest in Myanmar, names ambassador
- Gambia: Small country with a big crisis
- Verizon ending unlimited data for phone upgrade
- Senate confirms Federal Reserve nominees
- Trade Online, Online Opportunities
- Business Credit Information
- Honda widens recall for airbag problem
- GM CEO: Earnings good, but not good enough
- Chinese companies buying automaker Saab
- Suzuki demands VW return shares after alleged contract breach
- Chrysler has best September since 2007
- Honda recalls million cars worldwide
- General Motors to manufacture plug-in Cadillac ELR plug-in hybrid electric car
- GM earnings soar 92 percent on global sales
- Volkswagen postpones MAN supervisory board takeover
- Business Loans
- Consumer credit card debt down
- Remittances to developing countries rebound
- Fixed mortgage rates steady near 4 percent
- Bank fee hike gives credit unions a boost
- Study: Canadians want to retire at 63
- Study: Growing number of college grads filing for bankruptcy protection
- Survey: Canadians expect to be free from debt when they reach 55
- Monthly Payments Lowered on Defaulted Debt?
- Number of hacked Citi credit card accounts rises to 360,000
- Virgin Atlantic pilots vote to strike over lack of pay increase
- Private Personal Loans
- personal loans
- Fitch downgrades Greek sovereign debt
- U.S. Treasury should make $15 billion profit on AIG bailout
- Costco to offer mortgages
- Medicare to tie doctors’ pay to quality, cost of care
- Report: E-books encouraging reading in America
- Justice Dept. Broadens Investigations of Terrorism in Private Records
- Gold falls following Fed policy decision
- Average rate on 30-year fixed mortgage falls to 3.9 percent
- Stocks cross 13,000 for first time since May 2008
- CIA site down, Anonymous claims responsibility
- Personal and Business Loans
- Initial jobless claims remain unchanged
- Fitch downgrades Greek sovereign debt
- Moody’s downgrades credit of 26 Italian banks
- Initial unemployment claims drop by 1,000
- Fannie Mae not seeking new bailout funds after good quarter
- Mortgage rates fall to record low
- Spain, economic data weigh on U.S. stocks
- Costco to offer mortgages
- U.S. stocks mixed Thursday on weak jobless claims
- Short sales up in housing market
