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

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

On Friday, 29 January, the U.S. stock market in the first half of the trading session showed weakly positive momentum, but later became a sit position. Bulls prevailed at the beginning because once three unimportant macroeconomic indicators today exceeded forecasts. Clearly, investors could not win back the U.S. economic growth - GDP in the fourth quarter, according to preliminary estimates increased by 5,7%, which was the strongest rate of growth in 6 years. On average, GDP is expected to increase by no ... Read More

Stock Market U.S. prophecy leading U.S. manufacturer of components for mobile communications - Qualcomm Inc. with the increased concerns about the budget deficit in the economy of Greece, led investors to overestimate the current situation in the U.S. stock market, allowing the SP 500 index to update the minimum levels of the last three months. Loss of market value of the shares of Qualcomm in the order of 14% after the CEO - Steve Jacobs said substantially low in ... Read More

previous session European indexes finished trading in the negative: the British FTSE100 1,37%, German DAX 1,82%. U.S. exchanges closed in the red zone. On Wednesday came out the following statistics: primary treatment for unemployment benefits last week fell from 482 thousand to 470 thousand (at 2,48%), are expected to decline to 450 thousand orders for durable goods in December increased by 0.3 % (m /m), was expected to increase by 2%, the previous value was 0.7% ... Read More

Thursday, 28 January, the U.S. stock market in the first half of the session deeply subsided, and the high-tech sector looks worse than the market against the backdrop of "disservice" Qualcomm and Apple. Naturally, the bidders could not react to such a significant figure, as orders for durable goods - an increase of 0,3% instead of the expected 2% gave the reason for the sale of the bears. Data on the number of primary applications for unemployment benefits also played in favor ... Read More

USD Yesterday only reinforced the position of the dollar, forcing the euro to go below the 1.40, although not for long, but still ... Naturally,the main catalyst was the outcome of the FOMC meeting on rates. Here, as we expected, his role was the fact that the Committee decided to ignore the recent weak data on the labor market and consumer sector. Fed left rates unchanged and promised to keep it low for a long time to stimulate ... Read More

European shares under the onslaught of negative news retreated into negative territory. Voltage at the sites due to the fact that leading world powers can begin to fold up to support the economy in their countries, because China has already implemented the first steps to cool its economy. Yesterday, one of the representatives of the ECB said that in the first half of 2010, they can take new measures to reduce the incentive programs to reduce liquidity. All these reports were received ... Read More

On Wednesday, January 27, the main American stock market indices in the first half of the trades have shown negative dynamics. Thus, indicators of the Dow and SP 500 fell nearly 0.5% and the Nasdaq index in the first half of the auction managed to lose no more than 0,15% due to good reporting by GileadSciences and Yahoo. The main pressure on the market have had a drop in sales of new housing, as well as expectations of the results of a ... Read More