An unprecedented move by central banks around the world was unable to solidify sterling yesterday as the pound suffered heavily against the dollar and euro. Cen... Read More >
Banking shares in London were crucified yesterday as the market was awash with rumours of capital injections for major High St banks. This combined with poor in... Read More >
Rand Suffers on the Back of Global Meltdown
The Rand was under continued pressure last week and early into trading yesterday, losing over 5% against the doll... Read More >
Good Afternoon,
The Bad News Continues
The Euro has undergone a dramatic weakening recently as investors begin to wonder what bad news will come out ne... Read More >
Global stock markets plummeted yesterday as fear and uncertainty massacred the good sentiment that recent bail-out and recue plans had provided. The FTSE record... Read More >
TARP passed as the Euro Zone falters
Another turbulent week was fittingly ended with the eventual passing of the revised TARP bill on Friday, the original 3 pa... Read More >
It has been yet another volatile weekend for financial markets as re-votes, rescues and recapitalisation dominated news flow.
The House of Representatives mana... Read More >
The euro is being hammered from all sides at the moment as it slipped to a 2 month low against the pound, a one year trough against the dollar and a two year na... Read More >
NZD
In New Zealand last week there was some mild evidence of improved household spending and evidence that people have opened their wallets slightly wider. The... Read More >
Hopes that the US government will finally ratify the TARP bail-out plan spurred dollar lower yesterday, pushing the greenback close to 7 year highs against the ... Read More >