- Life and Times of Winamp
November 21 2013 11:15 AM
After 15 years, Winamp announced on its website that it will be closing for good on Dec. 20.
- 3 Crazy Quotes On The US Debt Limit Crisis
October 09 2013 2:45 PM
Here are three curious quotes from Republican lawmakers regarding the ongoing U.S. debt limit crisis.
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August 19 2013 9:28 AM
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July 25 2013 9:35 AM
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July 19 2013 9:12 AM
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July 18 2013 3:34 PM
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July 10 2013 11:16 AM
- 29/5/2013 - The Current Market Sentiment
May 29 2013 10:14 AM
The Single currency could find support versus the greenback to rise to 1.2976 until now with the release of Germane CPI flash reading of May which indicated rising of the inflation pressure over the consuming level more than what was expected to repeat of EU M3 has told too this morning by rising also more than expected increasing the possibility of pushing up the inflation in EU.
- Is the Fed is sticking to its policy or stuck in it?
May 16 2013 7:27 AM
You can find now the optimism of having a closer ending of the Fed’s QE at the price of gold which is traded below 1400$ no per ounce after it had been well buoyed following the credit crisis because of that policy which is still underpinning the assets prices in US and you can see that also at the current unprecedented prices in US equities market which pushed up the risk appetite in Europe and Asia too while the treasuries are still also well-supported watching markedly falling of its yields since the worries about the US labor market has increased with the release of March labor report which suggested continued support by the Fed to it and this stance has not changed even after April report which came better than expected.
- 3/5/2013 - The Current Market Sentiment
May 03 2013 7:51 AM
The single currency is still under pressure after yesterday ECB decision to cut the interest rate by 0.25% to be 0.5% saying that was for stimulating the economy while the pricing pressure is strongly well contained currently as the falling of HICP flash reading of April to 1.2% y/y.
- 9/4/2013 - The Current Market Sentiment
April 09 2013 12:22 PM
The market participants are still trying to translate the stimulating wave which has been sent out from BOJ last week by showing extending possibility of its JGB maturities holding with doubling the amount of it has of them by the end of 2014 by buying what are from 60 to 70 trillion yen yearly. You can see now the yield curve of JGB 10 years up to 0.53 from 0.45% at the time of these decisions and what’s below 0.5% before them and this can be read by different ways.
- 5/4/2013 - The Current Market Sentiment
April 05 2013 12:05 PM
The risk appetite is still depressed by the weak US non-farm payrolls of March which have shown adding new 88k jobs while they were expected to be to 200k from 236 in February have been revised up to 268k. the US major indexes are still in the red territory while the greenback is still under pressure versus the single currency which could have a place again above 1.30 after yesterday rising following Draghi’s comments which ensured that there is no way to use Cyprus rescue plan as a template in other euro zone countries.
- 19/3/2013 - The Current Market Sentiment
March 19 2013 8:30 AM
The risk appetite is still depressed by the proposal of Cyprus rescue plan proposal by EU and IMF despite the recent given space to it to get out Eur5.8B anyway out of its banking sector depositors to let it fulfill its previous obligation of insuring the accounts amounts which are less than Eur100k. God willing the voting is planned to be today and delaying it 2 times looking for much more flexibility from EU and IMF and also looking for backing to this plan inside Cyprus while the other option as its President Nicos Anastasiades has said is the bankruptcy of the biggest 2 Cypriot banks at least.
- 7/3/2013 - The Current Market Sentiment
March 07 2013 8:12 AM
God willing, the market will be waiting today for the ECB’s interest rate decision which is widely expected to keep the interest rate unchanged by 0.75% but there can be turning back of having this decision by majority as what has been done on 6th of last December meeting which lead to drive the single currency down to 1.2882 versus the greenback not unanimously as what has happened in the recent 2 meeting because of the weak economic data which are coming out from the euro zone and the inflation easing down by this economic slowdown.
- When can the Fed be paid back like the ECB?
February 07 2013 8:33 AM
We have seen recently the ECB’s the announcement about receiving Eur137 B from 278 bank of 523 got use of the first round of the ECB Ltro offer with option of paying back after a year while the market was waiting for what’s lower than Eur100B showing no need to have this liquidity by the banking sector for getting over its current financial situation which looked improving to the markets specially since the recent reached deal of aiding Greece by the end of last November helping EURUSD to make its rally to the current levels.
- 23/1/2013 - The Current Market Sentiment
January 23 2013 12:44 PM
The greenback refused to be capped below the parity with the Canadian dollar after dovish assessment has been released out from BOC after its decision to keep the interest rate unchanged as it is at 1% since September 2010. The report has indicated that the bank is underpinning the household spending which is struggling suggesting keeping the interest rate at this low level for a longer than expected period.
- 28/12/2012 - The Current Market Sentiment
December 28 2012 3:43 AM
USDJPY is still finding its way up, despite the risk aversion sentiment which could contain the US session on receding hopes for avoiding the fiscal cliff with no cheering headline until now to come out from Washington.
- 20/12/2012 - The Current Market Sentiment
December 20 2012 4:01 AM
Another 10 trillions yen have been added today to BOJ assets purchasing plan to worth 101 trillions currently after it had ended its 2 days meeting few minutes ago. As this action was widely expected anyway, after The LDP party outstanding victory in Japanese lower house by 294 seats and its allied party Kometo by 31 seats last Sunday, Nikkie did not react positively as it is not under the pressure of the dovish US session closing and red future of the US indexes currently but it is still holding above the 10.000 psychological level while USDJPY came lower than 84 figure before it could rebound again whereas it was before the decision at 84.20 waiting for Shirakawa’s press conference.
- 17/12/2012 - The Current Market Sentiment
December 17 2012 10:16 AM
The LDP party victory in Japan is still containing the market sentiment after strong bullish Asian session as the market has become waiting for bigger stimulus package from BOJ which is scheduled to meet next Wednesday. The market is wondering now whether or not the new Japanese government will be able to make its own recovery following US or not after it has been lagged distance behind it in the recent years following the credit crisis especially with its trade balance turning to be negative forming another challenge to this new government which can have wider financial stimulating plan of its own after the previous government recent plans to boost the economy which is still facing persisting deflation problem.