Asian Markets off

Tuesday, 19 April 2011 07:07

After the EU and US markets getting hit yesterday there was little chance the Asian markets would not suffer the same consequence.

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US Market Close

Monday, 18 April 2011 11:57

US markets edged their way up from session lows yet still settled losses in the 1% range. Initially weakness was the result of debt issues in Eurolands markets and the US opened trade sharply lower.

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Gold hits another record high.

Monday, 18 April 2011 09:20

Well it is no wonder after today global market turmoil that gold has hit another high, trading at 1,497.30 in COMEX.

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Euroland’s shares fell sharply on Monday

Monday, 18 April 2011 08:16

The FTSE 100 closed down 125.93 points, or 2.1 %, at 5,870.08, its lowest close since March 23.

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Standard & Poor’s downgraded its credit outlook for the United States

Monday, 18 April 2011 07:31

Standard & Poor’s downgraded its credit outlook for the United States mainly due to congress not reaching an agreement on the budget deficit which has taken almost 200 points off the Dow at time of writing.

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