Financial News and Economical Crisis

Dynamics On Friday, Jan. 29 quotes for gold and silver closed with a decrease in value against the background of strengthening U.S. dollar on the foreign exchange market, FOREX, and also because of the negative dynamics of neighboring markets and equity grounds, but later quotes almost completely restored the lost ground due to purchases on technical factors. As a result of trading on the COMEX, division of the New York Mercantile Exchange (NYMEX), quotes gold futures dropped ... Read More

Inertia selling, which originated in frustration Thursday at the optimistic market participants on Friday morning, have been developed. The reason for this was the negative closing trades in the U.S., as well as the decision of the Reserve Bank of India to follow the example of its northeastern neighbor, and to raise the allowance reserve for banks. A negative reaction to the fact that instead of the expected increase of 50 basis points, lights stayed on 75 b. subsection, prompting fears of ... Read More

turned to big banks with a request to buy Government Bonds amounting to about 2 billion UAH. Yulia Tymoshenko received a total of about 800 million UAH. Financial experts say that could redeem the paper for an amount of 2 billion UAH. If they were offered the same rate of return. Meeting of Prime Minister with the leaders of the largest banks held at the National Bank of Ukraine last week. The initiator of the meeting was very Yulia ... Read More

Stock indexes in Asia-Pacific region are reduced on Monday because of fears of further tightening of monetary policy in China and other steps to prevent overheating in the economy, reports Bloomberg. representative of the Central Bank of China said on Monday about the planned reduction of excess production capacity in the country. However, the index of procurement managers in China, produced by the China Association of Logistics and Procurement (China Federation of Logistics and Purchasing), fell to ... Read More

01.02.2010 at 10:30 am in themarket of deposits for individuals was recorded following situation. For the contribution 5000,00 UAH offers banks fluctuate in following ranges: For 1 month - 3.00% - 22.50% per annum, while 22.50% - Delta Bank; At 3 months - 10.25% - 24.00% per annum, while 24.00% - Aktiv-Bank, Delta Bank; At 6 months - 12.25% - 24.50% per annum, with 24.50% - Delta Bank ERDE Bank; for 9 months ... Read More

global equity markets Last week confirmed the dominance of the markets currently advocates a cautious investment tactics, preferring for the time out of much more expensive over the past year, shares and commodity assets, at least until the world economic outlook has become more defined. Even the paper is very positive statistics in conjunction with encouraging speeches of representatives of the United States authorities were not able to return the market to the path of sustained recovery. The resulting ... Read More

review the oil market for 29.01.10 Dynamics Quotes of the oil market on Friday 29 January to results of the auctions closed with a decrease in value against the background of strengthening U.S. dollar on the foreign exchange market, FOREX, and also because of the negative dynamics of equity markets and adjacent areas. At the New York Stock Exchange NYMEH the March futures price of U.S. crude fell by 0.75, or 1.0%, and ... Read More

U.S. investment bank Morgan Stanley plans to improve the performance of its unit dealing with securities by attracting hundreds of new traders in the next few years to cut the gap to the main competitors on Wall Street, writes Financial Times referring to the statement of the new bank"s CEO James Gorman. Securities transactions are an important element of the strategy Dzh.Gormana aimed at restoring the position of Morgan Stanley after an unprofitable 2009. According Dzh.Gormana, the investment banking ... Read More

Russia market in January, showed good results on a global scale: the RTS index rose last month at 2% and the MICEX - by 3,6%. At the same time finish in the green zone has not all indicators, DJIA lost in January, more than 3%, and high-tech Nasdaq - almost 5%. However, Russia"s market plus retained despite the decline in crude oil quotations, which are up to the month fell by 8%. Last week of January, was very negative for ... Read More

Dynamics dollar finished the week on a positive note, reaching the highest level since August last year against major currencies. When the pair EUR /USD fell below 1.3900 marks, the pair GBP /USD was lower than 1.6000, and the pair USD /CHF went above the 1.0600 mark. Japanese yen traded in a band against other currencies. When the pair USD /JPY back to a mark of 90.00, and the pair EUR /JPY fell back to 125.00. Commodity currencies fell ... Read More