Most European markets are in negative in morning trading, the UK is up slightly

Monday, 11 April 2011 01:19

Most European markets are in negative in morning trading, the UK is up slightly. More aftershocks in Japan are certainly not helping markets.

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Shanghai Composite

Monday, 11 April 2011 11:02

Shanghai Composite market touched 3050 after breaking 3000 and will probably see selling pressure in afternoon session. Investors would like to sell the index as most believe the Shanghai composite trading range is still between 2700~3100.

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Muammar Gaddafi accepts roadmap

Monday, 11 April 2011 10:21

Muammar Gaddafi has accepted a roadmap for ending the conflict in Libya including an immediate ceasefire, the African Union has said, but an opposition representative said it would only work if Gaddafi left power.

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The ECB, IMF & European Commission

Sunday, 10 April 2011 06:02

The ECB, IMF and the European Commission will be meeting this coming week to determine the exact details of Portugal’s bailout, Portugal is the third European nation to require a bailout since the global crisis occurred in mid 2009.

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Gold hit another record on weakening dollar

Sunday, 10 April 2011 04:15

Once again gold hit another record as a weakening dollar boosted demand for the precious metal as an alternative asset and an inflation hedge. Silver climbed above $40 an ounce to a 31 year high and again the gold/silver ratio is at an all time low of around 37 times.

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