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 >
The Madness Continues
These are interesting times; On the Jewish day of New Year it is not only Jews who will be looking forward and praying for better fortun... Read More >
The US senate is due to vote on a new version of the Treasury's financial bail-out plan tonight, news that seemed to calm markets yesterday. Saying that the bil... Read More >
US stock markets fell by the largest amount in over 20 years yesterday as the US House of Representatives voted against the proposed $700bln bail-out package se... Read More >
If today were to have a symbol it should surely be a Thunderbird doll such are the size of the International Rescues published over the weekend; packages in the... Read More >
It was once again a supremely volatile day on dollar crosses as the continued wrangling over the Treasury's bail-out proposal dominated news flow. Early in the ... Read More >
The American journalist Jimmy Breslin described a school in Queens, New York as 'designed by architects with honourable intentions but hands of palsy'; the same... Read More >