2010/09/30, 22:29
The dichotomy between the PIIGS countries and Germany and France is striking, as the former bloc is struggling with soaring deficits, and the latter two countries are thriving. Today’s news from the region is indicative of these differences.
First the good: the German Jobless rate fell to the lowest levels since 1992 as exports picked up driving industry, likely due to a weaker Euro. In addition, CPI data rose 1.8%, meeting analyst expectations.
Now the bad: Moody’s downgraded
2010/09/30, 21:45
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2010/09/30, 21:23
EUR/USD dipped before the Irish news was released but returned back to the previous range and even pushes higher towards important resistance. Where will the Euro go on this busy day? Here’s a quick update on , fundamentals, fundamentals, and community trends. EUR/USD after Itish decision. EUR/USD Technicals Asian session: EUR/USD dropped down to 1.3560 [...]
2010/09/30, 21:19
On 30/Sept, Singapore shares end lower Thursday as some investors prefer to take profit due to uncertainty ahead.
STI ended lower at 3097.63 (0.3%) with LOW VOL of 1.65 billion shares traded compared with 1.98 billion shares Wednesday. In the broader market, losers outnumbered gainers 354 to 152. Today traders continue to cash in though the selling pressure is relatively low.
Headline in STI
Before market close
Singapore Press Holdings (T39.SG) extends yesterday’s 1.9% gain as
2010/09/30, 21:10
Written By Millennium Traders
AIG is working with the government to speed up the process of paying back the money they owe taxpayers. It was reported that AIG is working on a deal with the government that will reduce the total amount they owe by $49 billion. If approved the Treasury Department would moderately pull out of its majority stake in the company. The deal would work this way; the Treasury Department would turn $49 billion of government owned AIG preferred shares into common shares
2010/09/30, 20:59
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2010/09/30, 20:59
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2010/09/30, 20:14
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2010/09/30, 20:06
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2010/09/30, 19:47
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