How the Number of Jobless Claims Affects Investment Markets
When listening to the news, you often hear figures about the number of jobless claims. If you happen to be an investor in one of the investment markets like the stock market or the Forex market, that bit of news (often available on most online Forex trading system platforms) can have a direct affect on your trading strategies. The number of jobless claims, just like other economic news such as the number of new housing starts or the current GDP figures, can influence an investor's strategic tra....
Stock futures rise as data on consumer eyed
Stock index futures rose on Friday as investors awaited data that could provide a look at the health of the consumer, including reports on retail sales and consumer sentiment.
Daily Outlook - Dec 11
Flight Near for Dreamliner; Bailout Funds for Small Biz; U.S. Credit Remains Top Level
Pip in Forex Trading
The acronym PIP or rather pip which stands for percentage in point refers to the smallest measure for price movements in the Forex market. Since currency prices in Forex market are quoted in fractions, pip is the smallest decimal place that you could find in the price quotes.
Currency Standard Names
Forex (currency) brokers and traders and all who are engaged with currency trading use special names to refer to currencies. The most common names are those issued under ISO 4217 document. Here are some of the most common currency pairs that we trade.
Global stocks and oil firmer as China, U.S. data reassures
World stocks extended gains and oil rebounded on Friday as upbeat data from China and the United States underscored an economic recovery, weighing on safe-haven government bonds and the low-yielding yen.
Delayed European troop plane in maiden flight
Europe's new military transport plane, the Airbus A400M, made its first test flight on Friday as buyers resumed talks on how to keep the delayed 20 billion euro ($29.5 billion) project airborne.
Stock futures point up ahead of retail sales
Stock index futures pointed to a higher opening for Wall Street on Friday ahead of U.S. retail sales data, with futures for the S&P 500, Dow Jones industrial average and Nasdaq 100 up 0.4 to 0.7 percent at 4:37 a.m. EST.
Iraq holds oil auction, Shell wins giant field
Royal Dutch Shell and Malaysia's Petronas on Friday won the rights to develop one of the world's largest remaining untapped oilfields as Iraq staged its second auction of oil contracts since the 2003 U.S. invasion.
Stock futures point up; retail sales eyed
Stock index futures pointed to a higher opening for Wall Street on Friday ahead of U.S. retail sales data, with futures for the S&P 500, Dow Jones industrial average and Nasdaq 100 up 0.4 to 0.7 percent at 0937 GMT.
Moody's sees no threat to U.S. top rating for now
The top sovereign credit ratings of Britain and the United States are not under threat of a downgrade right now, but a worst case scenario foresees a cut by 2013, analysts from Moody's Investors Service said on Friday.
Stocks and oil firmer as data reasssures
World stocks extended gains and oil rebounded on Friday as upbeat data from China and the United States underscored an economic recovery, weighing on safe-haven government bonds and the low-yielding yen.
U.S. teens ignore laws against texting while driving
Karen Cordova, a 17-year-old high school student and part-time supermarket cashier, admits she sometimes texts friends while driving home from work late at night, lonely and bored.
Stocks firm on China data, yen dips vs dollar
Asian stocks, oil and most metals rose on Friday after a slew of Chinese data showed the world's third-largest economy is on a brisk recovery path, while the yen dipped against the dollar.
Obama plans TARP aid for small businesses: report
The Obama administration plans to channel money from the government financial bailout fund to small businesses in an effort to stem the political and economic fallout of high unemployment, the Washington Post said in its Friday editions.
Asia stocks gain on China data, gold inches up
Asian stocks rose on Friday after a slew of Chinese data showed the world's third-largest economy is on a brisk recovery path, while gold prices rose as the dollar steadied.
Boeing says Dreamliner could fly on Dec 15
Boeing Co said on Thursday it has opened the flight-test window for its 787 Dreamliner starting December 15, allaying concerns that the hotly anticipated aircraft -- already two years behind schedule -- will miss its latest target of taking to the skies before year end.
Strategy based on the Retail Sales Indicator
Forex traders formulate their trading strategies based upon technical indicators and fundamental or macroeconomic indicators. If a trader favors the fundamental approach, he'll be glued to daily, monthly, and quarterly economic reports to help him determine his next trading strategy. In fact, most online trading systems provide daily business journal news any time, day or night. One of the main areas that are analyzed for strategic planning is the retail sales indicator.
Trends in Manufacturing and the Forex Market
Investment markets around the globe are sensitive to various economic indicators that give traders the first indications where an economy is headed. If an investor can tap into these changes relatively early, then he can hopefully benefit from such crucial news. One of the earliest and most significant economic indicators that are published on a monthly basis is the ISM (Institute for Supply Management) Manufacturing survey or figure.
Daily Wrap Up - Dec 10
More bailout pay cuts coming; Climate deal call from Obama; Top auto execs talk
Entertainers bring holiday spirit to NY Stock Exchange tree lighting
Entertainers came out full of holiday spirit on a freezing afternoon at the New York Stock Exchange Tree Lighting ceremony on Thursday.
Tech Round Up: Yahoo gets Twitter, Sony Motion controller named 'Gem', Dell tablet debuting CES
Earlier this week, Google rolled out its real-time search function - which attempts to index and display web pages faster than before - and Yahoo announced Thursday it will begin inserting Twitter posts directly into its general Web search results page.
Yahoo running after Google with new Twitter integration
Earlier this week, Google rolled out its real-time search function - which attempts to index and display web pages faster than before - and Yahoo announced Thursday it will begin inserting Twitter posts directly into its general Web search results page.
Yahoo: We got Tweets too!
If you're an Internet search engine, having Twitter content adorning your results has become as fashionable as claiming a Tiger Woods liaison seems to be for a certain group of people.
U.S. video game sales down 7.6 pct in November-NPD
Sales of video game equipment and software in the United States fell 7.6 percent in November to $2.7 billion, research group NPD said on Thursday, as the struggling industry limped into the crucial holiday sales period.
U.S. video game sales down 7.6 pct in November: NPD
Sales of video game equipment and software in the United States fell 7.6 percent in November to $2.7 billion, research group NPD said on Thursday, as the struggling industry limped into the crucial holiday sales period.
Dell tablet rumored for CES
The latest buzz online is that Dell is planning to unveil a tablet PC, possibly using the gala Consumer Electronics Shows in Las Vegas next month for its debut.
Ford CEO Mulally says talked to GM's Whitacre Wed
Ford Motor Co Chief Executive Alan Mulally said in a CNBC interview on Thursday that he had talked this week with General Motors Co Chairman and Chief Executive Ed Whitacre.
China Nuokang IPO falls in debut, Trony pulls IPO
Two Chinese companies struggled to gain a foothold in the U.S. equity markets on Thursday, with one falling as much as 11.1 percent in its first day of trading and another withdrawing its initial offering altogether.
Ellington Financial pulls IPO-underwriter
Specialty finance company Ellington Financial LLC pulled its initial public offering on Thursday due to market conditions, according to an underwriter.
