From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that interest...
US Treasury Yields in a Tug of War
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Hong Kong Monetary Authority Keeps Rate at 0.50%
The Hong Kong Monetary Authority kept its base interest rate unchanged at 0.50% following the decision of the US...
Swiss KOF institute cuts 2009/2010 growth forecasts
The KOF Swiss Economic Institute has slashed it’s growth forecasts for the Swiss economy. The economy is now seen contracting -3.3% in 2009 from previous forecast of -2.4%, and contracting -0.6% in 2010 from previous -0.3%. The insititute warns that “the Swiss economy is in a long...
Lockhart unsure whether supports more Fed bond buys
Atlanta’s Lockhart says he’s unsure whether to support further buying of Treasuries by the Fed. He’s concerned that housing demand will be hurt by rising rates. One factor will be sentiment on debt monetization, something he opposes. Given how well buying Treasuries worked in...
FOREX VIDEO - Pre London Outlook August 14th 2009
Hi everyone, I think today is going to be a challenging yet interesting trading day particularly on the majors. Technically we have reached some areas of conflict for longer term a shorter term speculators. I analyze the Euro USD and Cable today. I try to keep it simple but timing your trades needs...
Analyst Moves: DTV, GOOG
DirecTV (DTV) was downgraded today by UBS (UBS) to neutral from buy with a $46 price target, as the firm believes that subscriber growth will...