United States

Wall Street drops on US home sales

Sep 24, 2009 11:53AM

U.S. stocks fell on Thursday as a surprise decline in existing home sales suggested an economic recovery would be slow, even as initial jobless claims dropped. Read more

United States

A Road Map To SENSEX 100,000

Aug 04, 2009 6:53PM

Prices in India's SENSEX have just broken above a downtrend line, imitating a pattern from 2004 that led to a strong rally. This interim report updates our wave count for India, since its wave pattern in particular may offer investors a rewarding long-term opportunity. Read more

United States

Monthly performance round-up: Road to recovery (June 30, 2009)

Jul 02, 2009 3:04PM

The performance of a number of global stock markets is given in the table below in local currency terms for different measurement terms ended June 30. Read more

United States

Private Equity in China: IPOs Are Out for Now, but Opportunities Exist

Jun 29, 2009 11:35AM

As private equity luminary Hugo Shong, founding general partner of China-based IDG Technology Venture Investment, noted at the recentWharton Global Alumni Forum in Beijing: "The IPO market is pretty much dead." Read more

GBP/USD Fundamental Outlook at 1500 GMT (EST + 0500)

Today 5:08 PM EDT

The British pound came off sharply vis-à-vis the U.S. dollar today as cable tested bids around the US$ 1.6460 level and was capped around the $1.6675 level. Bank of England's next Monetary Policy Committee interest rate decision will be released on 3 December and rate-setters are expected to keep in... Read more

CNY/USD Fundamental Outlook at 1500 GMT (EST + 0500)

Today 5:03 PM EDT

The yen appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the ¥88.70 level and was capped around the ¥89.15 level. As expected, Bank of Japan's Policy Board kept its overnight call rate target unchanged at 0.1%. BoJ Governor Shirakawa said the government and the c... Read more

EUR/USD Fundamental Outlook at 1500 GMT (EST + 0500)

Today 4:57 PM EDT

The euro moved sharply lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4800 figure and was capped around the $1.4935 level. Many dealers attribute today's sell-off to a year-end unwinding of trades that chased higher-yielding assets at the expense of t... Read more

US Stock Market

Today 4:16 PM EDT

The U.S stocks end this week closing in red despite the current gains in health-care and consumer shares as fears are spread throughout overall markets concerning a global recovery while that huge U.S huge high-tech corporation; Dell Inc, posted its earnings that came in worse than forecasts, report... Read more

FRIDAY MIDDAY WEATHER 11/20

Today 4:04 PM EDT

he 12z FRIDAY operational GFS still shows a significant event developing for the eastern portions of the Upper Plains and Midwest 11/23-11/24. The GFS has done a flip flop... again... and now shows a colder pattern for the central and eastern US in the 1st week of DEC. Read more

Grain Report

Today 3:59 PM EDT

The Thursday weekly export sales report put wheat sales last week at a weak 362,000 metric tons, down 12% from the week prior and 13% below our four-week average. Slow demand comes as record-ending stocks keep importers buying hand-to-mouth as needed and last week's rally in-priced of $0.40. After... Read more

Today's Comex Gold Settled $4.90 Cents Higher...($1146.80)

Today 3:55 PM EDT

Despite a stronger U.S Dollar today the Gold traders made a late session push and closing over my 1st Resistance level. I believe this is simple speculation that the U.S Dollar will fall back. Globex continued to rally after the (Comex) day session closed. Remember the all-time high is recorded from... Read more

Crude Oil sells off with strong dollar and weak equities

Today 1:13 PM EDT

Crude futures have slipped back below our 1st tier downtrend and uptrend lines in reaction to broad-based strength of the Dollar. This week's wave of negatively mixed econ data appears to be taking its toll on riskier investment vehicles, leading investors towards the Dollar and away from crude and ... Read more