Overnight and weekly wrap up
Saturday, 9 April 2011 11:53
Overnight in the US treasuries and stocks dropped lower as inflation expectations surged and the markets continue to believe the Fed will lag behind other central banks in raising rates. As of this writing the US government has finally reached an agreement and agreed to cuts totally almost 38 billion dollars, the largest cuts […]
Read MoreEuropean stocks rose in early trade on Friday
Friday, 8 April 2011 10:58
European stocks rose in early trade on Friday, off the back of the European Central Bank’s decision to raise interest rates helped fuel optimism over the health of euro zone economy. The FTSE, DAX, CAC and IBEX were all up over 0.75% in early trading.
Read MoreECB results out
Thursday, 7 April 2011 02:57
The European Central Bank interest rate was announced..
Read MoreECB’s long awaited announcement is nearing
Thursday, 7 April 2011 11:26
The long anticipated announcement by the European Central Bank is due today at 11:45 GMT, as eager investors tune in to see ECB’s decision on raising the interest rates. Fairly confident that a raise is prominent, this will turn the European market upwards once again.
Read MoreGlobal markets are expecting an interest rate increase
Thursday, 7 April 2011 09:52
Global markets are expecting an interest rate increase Thursday from the European Central Bank, the question will be how much they will move and if more increases are planned in the coming months.
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