Investments
« Previous EntriesWorld Markets Fall On Deal
Monday, October 6th, 2008The world’s financial market is plunged into abbyss again as Germany unleash a bad deal. With over a trillion dollars wiped off the global market today, what was the wisdom of if Mrs. Merkel? Last night the German announced her decision to guarantee over three trillion of her citizens’ Bank deposits due to Hypo Real Estate banking problems. The uncertainty and lack of clarity on the deal created further fear in the market place and thus igniting a selling frenzy.
Euro Makes Low And More..
Thursday, October 2nd, 2008LONDON: Euro dollar, EUR USD makes new 12-month low of 1.3746 in today’s trading after an early morning of choppy trades. The day started with Frankfurt riding the pair to 1.3965 in the first hour before it quickly descended to 1.3854 even before the main European currency markets opened in London.
Bailout Effect on Markets
Monday, September 29th, 2008The latter part of last week and the weekend saw hard negotiations of $700 billion dollars terms. Almost everyone who had the slightest knowledge about money, finance and economy had something to say about. But what does this mean to the average American who is less financially savoir-faire ?
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