By Filipe R. Costa The financial crisis of 2007-2008 was one of the worst economic catastrophes of the last few decades. It laid low household names, such as Lehman Brothers and Washington Mutual, left many Americans with work and homes, tore away half of the S&P500’s value and dragged down much of the world with…
By Zak Mir This is a story, from Friday, about how the financial markets were possibly manipulated, ahead of the FOMC’s non-decision last Wednesday. I actually saw the link posted on Facebook, by a trader friend and did not think about the story too much, until it reappeared on CNBC this morning. There is no…
Asian shares have traded higher overnight with the region on track for its biggest monthly gain since January 2012. Led by Japanese equities, the Topix Index reversed losses amid speculation the nation’s government will study a corporate tax cut and advise public pension funds to hold more risky assets. Japan’s Topix has climbed 9.5 percent…
By George Leong Trillions of dollars of government stimulus and Federal Reserve quantitative easing (QE) later, the U.S. economy continues to drag along, with gross domestic product (GDP) growth at just over two percent. The Federal Reserve decided to continue to print money instead of doing the right thing and tapering—and it blamed the decision…
By Filipe R. Costa Last Sunday, voters in Europe’s most powerful economy went to the polls. The “most powerful woman in the world” and leader of the conservative CDU party, Angela Merkela, won. This was widely expected. Alongside her CSU allies, she gained 41.5% of the vote, falling just short of the number need for…
Risers BAE Systems, +2.48% Shares in BAE Systems have taken off after news emerged that the company was back in the running for a £5bn South Korea jet fighters deal. South Korea is thought to favour a US manufacturer however, given its long military relationship with the superpower. Additionally, Sweden have announced plans to buy…
Yet again, European shares are seen opening lower with the Federal Reserve’s bond tapering and the looming US debt ceiling deadline damps enthusiasm for shares. Asian markets were also in decline for a second day following worse than expected US consumer confidence figure which showed a slump in September to a four-month low. With today…
Although over the past year I have become a fan of AIM stocks (even before the ISA news) and of small caps in general, I have been told by professional traders that all the big action in equities is to be had across the Atlantic. Of course, in the UK many of us are still…
Yet again, European shares are seen opening lower with the Federal Reserve’s bond tapering and the looming US debt ceiling deadline damps enthusiasm for shares. Asian markets were also in decline for a second day following worse than expected US consumer confidence figure which showed a slump in September to a four-month low. With today…
