Euro trading slightly lower today

Tuesday, 12 April 2011 12:09

Euro trading slightly lower today off the back of the market concerns that the ECB rate rise last week will hamper the efforts of Ireland, Portugal and Greece to contain debt, the euro has dropped from a 15 month high against the USD.

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Japan nuclear tragedy reaches highest level.

Tuesday, 12 April 2011 10:24

Japan’s nuclear disaster is looking in the level of danger close to the disaster in Chernobyl some 25 years ago, one of the world’s worse nuclear disasters. Danger has sparked to level 7, meaning that it’s hazzardous to the enviroment and health. Since Tokyo afternoon yesterday, 11/04, Japan has been struck by several earthquakes yet again..

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US markets closed mixed with the S&P 500 lower

Tuesday, 12 April 2011 07:39

US markets closed mixed with the S&P 500 lower as oil related stocks fell on a drop in crude prices after the IMF cut its growth forecasts for the US and Japan.

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The IMF economic report came out today with mixed reviews

Monday, 11 April 2011 08:27

The IMF economic report came out today with mixed reviews, emerging countries like China still expanding rapidly as advanced economies like the United States are grwoing very slowly.

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Australian shares hit a 12-month high on Monday

Monday, 11 April 2011 03:07

Australian shares hit a 12-month high on Monday due to a strong rally in BHP Billiton after it denied speculation it was considering a takeover of Woodside Petroleum which is Australia’s largest oil and gas company.

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