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  • Dollar rises above 100 yen for 1st time in 4 years


    Authority Authority:
    TOKYO (AP) — The dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving Japan’s sluggish economy and improved U.S. economic figures. The U.S. dollar rose as high as 101.30 yen, the first time since April 2009 that the greenback has ...
    1 week ago
  • Guide to Working with Monetary Napalm


    Authority Authority:
    In the world of financial incendiaries, the Fed’s overwhelming monetary stimulus has ignited asset prices in the United States with the force and effectiveness of napalm.
    1 week ago
  • Exim Bank issues non-ringgit sukuk this year


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    Malaysia’s export-import Bank of Malaysia Berhad also known as Exim Bank is set to sell non-ringgit denominated Islamic bonds, or sukuk, in global markets in this year to assist funds for future expansion. The sale would be Exim Bank’s second ever venture into the international debt arena after the $1.5 billion ...
    1 week ago
  • Weekly Radar: Watch the thought bubbles…


    Authority Authority:
    Far from the rules of the dusty old investment almanac, it’s up, up and away in May after all. And judging by the latest batch of economic data, markets may well have had good reason to look beyond the global economic ‘soft patch’ – with US employment, Chinese trade and even German and British industry data ...
    1 week ago
  • Nokia Lumia 928 officially confirmed


    DalalstreetwinnersAuthority Authority: 150
    engadget-so, print is the new digital. At least when it comes to Verizon’s imminent — and now surely fully acknowledged — Lumia 928. The billboard spotted over the weekend enthused about the camera, but told us little else. This magazine spread spotted in Vanity Fair, however has a few more details. As hinted ...
    1 week ago
  • asx 200 index forecast for may 2013


    DalalstreetwinnersAuthority Authority: 150
    asx 200 index forecast for may 2013 asx 200 index on daily chart is in absolute uptrend and with strong bullish momentum.on chart trading above all short term averages.today closed at 5156 with half percent gains.on daily chart 5129 is weekly average then 5050 is month average and second major support on chart while ...
    1 week ago
  • Weekly Radar: Question mark for the ‘austerians’


    Authority Authority:
    One of the more startling moves of the week was the fresh rally in euro government debt – with 10-year Italian and Spanish borrowing rates falling to their lowest since late 2010 when the euro crisis was just erupting and 2-year Italian yields even falling to 1999 euro launch levels. The trigger? There’s been a ...
    3 weeks ago
  • Nouriel Roubini predicts asset bubbles burst in a few years


    DalalstreetwinnersAuthority Authority: 150
    livemint-Economist Nouriel Roubini, who predicted the US housing market bust that led to a global financial crisis, said on Wednesday that lower crude oil and gold prices may not lead to equities doing well because of the growth scare in China. The chairman of Roubini Global Economics said quantitative easing by ...
    3 weeks ago
  • Bad News for the Economy Means Good News for the Stock Market


    The Daily Reckoning AustraliaAuthority Authority: 498
    Global equity markets surged overnight on the back of deteriorating manufacturing data out of the US, China and Europe. Yep, you heard that right. Continuing on the theme of recent months, bad news for the economy means good news for the stock market . Thats because bad news for the economy means more activity from ...
    3 weeks ago
  • Pento – Gold Reveals Global Markets On Thin Ice


    Authority Authority:
    kingworldnews.com / April 19, 2013 Today one of the top economists in the world sent King World News an exclusive piece covering the incredible turbulence that has just taken place in the gold market .  Michael Pento, who heads Pento Portfolio Strategies, also believe that major global economies will be badly ...
    4 weeks ago
  • Pay Attention to Chinese Equity Market


    Authority Authority:
    Yesterday we had an update from the Chinese State Council on its near-term policy focal points. There were five points of focus:
    4 weeks ago
  • Weekly Radar: Second-guessing Japan flows as global growth slows


    Authority Authority:
    Figuring out what was driving pretty violent market moves this week was trickier than usual – and that says something about how much the herd has scattered this year, with ‘risk on-risk off’ correlations having weakened sharply. Just as everyone puzzled over a potential “wall of money” from Japan after the ...
    4 weeks ago
  • EA Announces FIFA 14


    DalalstreetwinnersAuthority Authority: 150
    EA Sports has announced the latest addition to its user-popular FIFA franchise. Like its previous iterations, FIFA 14 now adds more features that make it the most realistic football games ever developed. One of the biggest overhauls made for FIFA 14 is the introduction of the Real Ball Physics, which now takes into ...
    4 weeks ago
  • Boston Marathon bombing suspect seen in Security video


    DalalstreetwinnersAuthority Authority: 150
    The daunting task of sifting through thousands of images of the Boston Marathon bombing site in search of a culprit suddenly telescoped to a single video from a Lord & Taylor security camera Wednesday. The discovery of video of a man who wore a large backpack to the finish line area and then dropped the … ...
    4 weeks ago
  • Gold prices can go down toRs. 22,000 – Rs. 20,000: Experts


    Authority Authority:
    Gold prices witnessed their biggest one-day drop since 1983 on Monday as a selling frenzy that began last week gathered speed. In global markets, prices of the yellow metal plunged $140 to $1,361 an ounce, a decline of 9 per cent. Gold is now trading at its lowest price since February 2011. Back home , the key gold ...
    4 weeks ago
  • Iran earthquake leaves 40 dead


    DalalstreetwinnersAuthority Authority: 150
    The epicentre of Tuesday’s 7.8-magnitude quake lay in south-east Iran but all 40 deaths reported so far have been across the border in Pakistan’s dirt-poor province of Baluchistan, where hundreds of mud-built homes suffered damage. The powerful tremor shook the ground and caused panic as far afield as Kuwait and ...
    4 weeks ago
  • What is Behind the Crash in the Gold Market?


    DalalstreetwinnersAuthority Authority: 150
    TIME-One of the more interesting phenomena  to take place in the markets in recent memory has been the seemingly invincible rise in the value of gold. In the decade between 2001 and 2011, the price of gold rose from $256 per ounce to a high of $1,920 — a whopping 650% return for those lucky … Read More ...
    4 weeks ago

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