- There are two things that should be preoccupying the market's mind this afternoon: 1, how to navigate the global economic slowdown (data out of Europe today was truly horrible) and 2, how to prepare and position oneself for the ECB meeting tomorrow. We may have been given some help for the latter after the proposed ECB bond buying programme was leaked and hit the wires a short time ago. The leak, since denied by the central bank, suggested that ECB President Draghi would unveil an unlimited, ...
- The oil complex is in a battle with the perception traders & investors who view each piece of bad economic news as a sign that more simulative measures are coming from all of the main central banks around the world. On the other hand the reality traders look at the fact that every major segment of the global economy is slowing and even with more stimulus global demand for oil and most other major commodities will continue to decline. Manufacturing PMI data in just about every major country in th...
- The FBI has released a statement saying that there is "no evidence" to support recent claims by a hackers group that they gained access to a bureau computer containing information on millions of Apple users.
Chad 'Ochocinco' Johnson Responds To Backlash After Getting A Portrait Tattoo Of Estranged Wife Evelyn LozadaChad "Ochocinco" Johnson used Twitter to show off his latest tattoo -- a picture of estranged wife Evelyn Lozada's face
- This Thursday 6th September 2012 the ECB announces its interest rate decision at 1245 BST/ 0745 ET. The market consensus (as measured by Bloomberg) is for a 25 basis point cut to 0.50% from 0.75%. The main event will be ECB President Mario Draghi's press conference at 1330 BST/ 0830 ET.
Jason Biggs Makes Misogynstic Tweets About Paul Ryan's Wife, Posts Child Rape Jokes On Twitter [REPORT]"American Pie's" Jason Biggs and his wife Jenny Mollen have stepped into some hot, boiling water after they made jokes about child rape and misogynistic tweets, All Voices reported.
- Justin Bieber just recently tweeted a picture of his new tattoo in addition to three shirtless photos of himself on Twitter. The "Biebs" says that he loves his fans, but is this a ploy to squeeze as many votes as possible out of the "beliebers for the 2012 MTV VMAs?
- Jillian Michaels is ending her two-year absence from "The Biggest Loser," as the celebrity trainer gears up to get overweight children into shape on the NBC show.
Katy Perry And John Mayer Reportedly Still Together Because They Never Broke Up, So What's With The Rumors? [POLL]Katy Perry and John Mayer, are they dating or what? Well according to the latest reports Perry and Mayer never even broke up.
- Griselda Blanco was one of the world's most famous female drug lords-- but that title comes with a price. The "Cocaine Godmother" met her demise on Monday after she was gunned down by two motorcyclists, the Miami Herald reported.
Artist Memphitz Sues 'Love & Hip-Hop: Atlanta' Producer Mona Scott-Young After Domestic Abuse AllegationsArtist Mickey "Memphitz" Wright has filed a lawsuit against the producers of the reality show "Love & Hip Hop: Atlanta" after his ex-girlfriend, K. Michelle continuously accused him of domestic abuse on the series
'Happy Birthday Beyoncé' Trends On Twitter While The Former Destiny's Child Singer Gets Snubbed By Kim Kardashian"Happy Birthday Beyoncé" was one of the highest trending topics on Twitter for the "Destiny Child's" 31st birthday, but not everyone is wishing the singer well.
- FameTube, founded by Bryan Cornelius, is a website that is dedicated solely to promoting undiscovered artists and is quickly becoming a recognized platform to gain fame
- After slaughtering countless green piggies in the quest to secure the stolen eggs, the birds of Rovio’s smash hit (no pun intended) “Angry Birds” will be taking a back seat to the pigs this time around with the game’s sequel.
- For those of you who joined my FX Street webinar this morning then you may have noted that I pointed out a bearish divergence between GBPUSD price action and the hourly MACD. Usually when this happens it signals a turn-around in price action. Indeed, as we have progressed throughout the London session GBPUSD has sold off. The break below 1.5885 in GBPUSD was pivotal and triggered the move lower in price action in line with the MACD signal.
- Since teen bride Courtney Stodden turned 18-years-old, the hot topic surrounding the young blonde is will she...or won't she do porn. While the bride of "Lost" actor Doug Hutchison has took to Twitter to shoot down the porn offers she received, she is still teasing a big naked reveal for fans.
- The Euro gave back the overnight advance to 1.2626 as Moody's Investor Services cut the EU's Aaa credit-rating to 'negative' from 'stable,' while German Finance Minister Wolfgang Schaeuble argued that Greece must fulfill 'its obligations completely' as the region looks for an extension to meet its budget target. Meanwhile, European Central Bank President Mario Draghi warned of the ongoing rift within the EU as the bond purchase program comes under increased scrutiny, but ...
- Demonoid could be making a comeback, but after the founder of the Pirate Bay was arrested, the BitTorrent site might not be as inclined to return.
- The markets seem to be getting a little jittery as we lead up to the ECB meeting and narrow ranges abound. EURUSD gave up the 1.26 handle just before lunchtime in the London session after some news came out that said Spain would inject debt rather and cash into its struggling banking behemoth Bankia. This is a bridging loan before Bankia has access to the EFSF/ESM banking bailout funds of up to EUR100 billion. However, the decision to use debt rather than cash does two things: 1, make Bankia'...
- All eyes are on the ISM Manufacturing report, which is expected to show the US factory sector held up in August after activity contracted in the preceding two months. Markets are likely to interpret the result through the prism of Fed stimulus expectations after Ben Bernanke was seen as giving a nod to QE3 at the Jackson Hole Symposium last week.