Comprehensive and latest financial news and trading information, trading tips and trading techniques in order to help you trade successfully.
As per my previous post about the Federal Reserve lowering rate, as of this morning (US time) they have indeed lowered their rate to as low as 75 basis points. Although, the expectation in the market is around 100 to 200 basis points in the view to shock the market and induce the economy [...]
Popularity: 73% [?]
Many in the market are expecting that the Federal Reserve will make another rate cut as a reflection of the deteriorating state of the US economy. In a desperate attempt to save an economy in crisis, it is expected that this cut could be as large as 50 to 200 basis points. Although, it is [...]
Popularity: 73% [?]
This is the latest news in US.
Bear Sterns is a company that was trading at around $170 in February last year is now to be overtaken by JP Morgan at just $2 a share.
The Federal Reserve’s attempt to induce cash in to struggling companies and to avert a financial slowdown did not do much good [...]
Popularity: 65% [?]
It is not surprising that the current market is very volatile. Wherever you are, it seems that as soon as you mention the word “debt”, investors and “moms and dads” seems to hide under covers.
One of the current area that is affected mainly is the banking sector. At the moment, let us focus on the [...]
Popularity: 53% [?]
The US Federal Reserve, who is struggling to contain economic confidence in the credit markets will for the “first time” lend treasuries in exchange for debt that includes mortgage backed securities.
In a statement made in Washington, the Federal Reserve, plans to make up to $200B available through weekly auctions. On conditions of anonymity, some [...]
Popularity: 25% [?]
The S&P 500 retreats again to it’s lowest level to 1,292.3 since August 2006. This was mainly driven by an all time high in US mortgage foreclosures and the biggest drop in jobs data in five years added to signs of economic weakness.
Here’s what the technical analysis on the S&P looked like last Friday:
On this [...]
Popularity: 18% [?]
City Pacific one of Australia’s largest non bank loan providers has been placed in a trading halt after their shares have lost half of their value and is on watch whether they are able to repay the $240M loan due to CBA by the end of March.
According to News.com.au CBA have been talking to City Pacific [...]
Popularity: 16% [?]
There just doesn’t seem to be an end to this subprime mess. I remember a year ago and hardly anyone really knew what it was and what it could do. Nobody saw it as a threat. Nowadays, the thought of subprime make investors head for cover. Like a disease it has [...]
Popularity: 16% [?]
