A Tale Of Greece And Cheap Money

The S&P 500 closed a smidgen lower Thursday on speculation the Federal Reserve will increase its discount rate which tempered the potential for gains spurred by further evidence that the economy is strengthening without stoking inflation. Bank of America and Schlumberger paced declines that sent financial and energy companies lower. In contrast Boeing, DuPont and 3M led gains that drove the Dow to an almost 18-month high after reports showed growth in Philadelphia manufacturing, a drop in jobless claims and no change in consumer prices. FedEx surged as its profit more than doubled and Nike rallied on higher-than-estimated earnings[More...]

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Will S&P’s outlook upgrade lead to higher forex borrowing? - Moneycontrol.com


Moneycontrol.com
Will S&P's outlook upgrade lead to higher forex borrowing?
Moneycontrol.com
In an interview with CNBC-TV18, Anant Narayan, MD & Regional Head of Fixed Income and Currency Trading for South Asia for Stanchart and Gunit Chaddha,

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Avis, Helmerich & Payne, Nabors, Stein Mart: U.S. Equity Movers


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GBP Gains Heavily For First Time In Weeks

Yesterday ended with traders returning to the EUR and GBP while selling safe-haven currencies such as the USD and the JPY. An agreement regarding a future safety net for Greece’s debt problems helped lift the EUR. Later, Standard & Poor’s affirmed its rating for Greece which gave the euro another boost. The GBP experienced its biggest daily gain in several months after better than expected data was published.[More...]

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Federal Reserve Cools Dollar Earlier Gains - Currency-Converter.com


New York Times
Federal Reserve Cools Dollar Earlier Gains
Currency-Converter.com
Also important in Tuesday's currency trading is the Standards & Poor statement that it is taking Greece off of its ratings watch. This helps to provide more
US Data Comes Out Better than ExpectedFXstreet.com The Forex Market



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New Tax Year, New Isa!

With less than a month to go before the start of the new tax year, ISAseason has officially kicked off! All the usual suspects are getting their marketing engines running to attempt to attract potential savers who are keen to take advantage of their annual ISA (individual savings account) allowance.

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Technical View Of What’s Next For Precious Metals, Stocks & The Dollar

Last weeks price action unfolded just as we expected. Money poured into stocks with the focus being on small cap, banks and technology stocks. The fact that these sectors are showing strength while utilities, health care and consumer staples lag is a good sign that investors are once again taking risks in the market.[More...]

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Things You Should Know About Stock Market Today

Many investors get burned and tired since the last few years the market down into the recession toilet and become very unpredictable at these days.

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