News

August 27 2012 9:56 AM

Spain today officially downgraded its already feeble economic performance in 2010 and 2011. Spain's economy grew just 0.4 percent last year, not the 0.7 percent previously stated, the National Statistics Institute said. And output shrank 0.3 percent in 2010 rather than declining 0.1 percent, it said.

August 23 2012 7:39 AM

More Than 70% of Consumers Think the Economy Is in "Bad" or "Terrible" Shape and Nearly 1 in 4 Feel It Will Be Difficult to Purchase Things They Need Over the Next Several Months. Only 3% think the economy is in "good shape," as reported by a survey conducted by RetailMeNot and Ipsos Public Affairs

August 22 2012 11:05 AM

Futures investing was the original means of establishing exposure to commodities. It was first utilized by farmers and other commodity producers in order to hedge against poor crop yields among other things.

August 21 2012 9:21 PM

Asian shares fell Wednesday morning after recent rally, but the euro held near a seven-week high on hopes the European Central Bank will act to rein in surging euro zone borrowing costs and policymakers will find ways to keep Greece on lifelines.

August 21 2012 10:13 AM

Global central banks have promised to pump an unprecedented amount of money into the system. They are trying to mollify the effects from a global contraction in GDP and the growing likelihood of a war between Israel and Iran.

August 17 2012 3:11 PM

For much of the past few generations, the debate over balancing the federal budget has been a central feature of every presidential campaign. But over time, the goalposts have moved. As the amount of red ink has grown steadily larger, the suggested time frames to restore balance have gotten increasingly longer, while the suggested cuts in government spending have gotten increasingly shallower. In recent years, talk of balancing the budget gave way to vague promises such as "cutting the defici...

August 16 2012 9:38 AM

London, 15 August 2012 - ICM Capital, a leading provider of online foreign exchange and commodity trading services is pleased to announce, they have reduced their minimum spreads on foreign exchange trading across a range of major currency pairs.

August 14 2012 3:17 PM

Portugal's economy contracted in the second quarter, deepening the country's recession as unemployment hit a new high, weighed down by sweeping austerity imposed under a 78 billion euro (HK$747.2 billion) bailout program.

August 13 2012 4:35 PM

Interpreting Japanese candlesticks can give a trader important insight into market momentum. By understanding how to read candles, traders can often include them in their analysis to find areas of price continuations and possible reversals. Today we will focus on one candle that can help validate a charts reversal point. Let's learn to identify and trade the bullish hammer candle.