Depressing data continues to flow from the US with confidence figures illustrating the present economic situation perfectly. Friday’s University of Michigan fig... Read More >
Recession concerns dominated sentiment yesterday, causing massive falls on most major equity indices worldwide and a continuation of the flight to safety theme ... Read More >
Poor old moggy. The stock market joy was short lived and is now being seen as a typical dead cat bounce with recessionary fears hammering bourses worldwide. The... Read More >
Inflation in the UK rose to 5.2% yesterday as electricity and gas prices surged. This was the highest reading since 1992 and higher than consensus but is not al... Read More >
Canadian Dollar Strains as Risk Aversion Bites
Canadian Dollar weakened dramatically over the last week and continues to trade at weaker levels following t... Read More >
EU Finally Approve Bailout Plans
The ECB slashed interest rates to 3.75% from the previous 4.25% as part of the unified move with 6 other countries. Reasons c... Read More >
Yesterday was yet another momentous day on the markets as rescue and bail out plans helped equity bourses repair some of the damage caused by last week's record... Read More >
NZD
If we were to say that it has been another volatile and turbulent week across the globe that would be an understatement. The main theme of the past week ha... Read More >