Spanish job losses accelerated again in January, as the number of unemployed residents soared 4% to 4.59 million, a sign that the euro zone’s fourth-largest economy is still shedding jobs at a record rate. According to data released Thursday by the country’s unemployment ministry, the number of residents registered as job seekers rose in [...]
Spanish Unemployment Fuels Panic in EuroZone
Source: feedproxy.google.com
Read more...
Nikkei breaks 10,000
The Nikkei has broken thru the 10,000 mark, a level that hasnt been seen since October last...
How to Profit From The World’s Most Ignored Coal Producer
How to Profit From The World’s Most Ignored Coal Producer by David Fessler, Investment U Senior Analyst Wednesday, October 12, 2011 Coal is...
Foreign exchange trading is not cause and effect trading
I`ve tried to explain this type of thing many times - i think there is not an 100% correct answer because if there was, we all would trade the same way. The bottom line is foreign exchange trading is not cause and effect trading. Currencies lead and lag and relationships sometimes heavily correlate...
Forex News and Rumors - Afternoon Update
US Federal Reserve chairman Ben Bernanke said today that the government must begin immediately to address America's deficit. ... See all stories on this...
Pimco all over the wires, talking their book
El-Erian and Gross are tag-teaming, running for the cameras to tell the markets that the economy still sucks. When you are long $1 trln in bonds (that’s their job), what else would you expect. US 10-year notes are now around 3.85%, a level where Gross said he would be a buyer around a week...