Global News

Bernanke Begins "Ring Around the Rosie"

Jun 20 2013 @ 13:21
It’s almost impossible to believe how much one economy, and one man at one central bank, can affect the entire world with one short speech about his financial strategy.  But Ben Bernanke got the world to play the game of “Ring Around the Rosie” by doing just that yesterday afternoon.  “We all fall down.” As […]
 

Red Is the Colour of the Day

Jun 20 2013 @ 11:19
When every other stock market around the globe is having a sell-off for two consecutive days now, it is cannot be denied that the colour of the day is red. Since Uncle Ben Bernanke issued his statement yesterday, virtually every major stock market in the world was mired in red, as if also bleeding upon […]
 

GKP Gets Ready to Celebrate

Jun 19 2013 @ 09:43
It’s kind of an “All’s Quiet on the Western Front” day today as all eyes and ears are waiting for the 2:00 pm EDT presentation by Ben Bernanke of the U.S. Federal Reserve Bank that will let the world know what actions the bank will, or will not, take to keep the economy stable.  But […]
 

Inflation Rises 2.7% in May: All is Well

Jun 18 2013 @ 08:51
In an interview with the BBC this morning, Richard Campbell of the Office of National Statistics (ONS) reported on the announcement that the rate of inflation in the UK, as measured by the Consumer Price Index (CPI), increased to 2.7% in May from 2.4% in April.  What does this mean for average household? If it means anything at […]
 

The World Is Changing

Jun 17 2013 @ 20:29
“The world is changing” – one of the lines in one of the many Japanese anime that touches the state of global affairs and a few hours ago the world has witnessed the announcementof a landmark deal from four of the most powerful persons in the world – the President of the United States of the […]
 

FastJet Cleared for Takeoff

Jun 14 2013 @ 09:30
I can’t help but bring up the subject of FastJet (LSE:FJET) again.  As I have said before, it may not have the highest share price out there – not by a long shot – but this may be the best time to buy in.  Today, for the second time in a week, FastJet was the […]
 

Weekly currency roundup – A week of volatility for commodity currencies as Fed confusion sparked uncertainty

Jun 14 2013 @ 06:15
Pound Sterling At the start of the week the Pound weakened against the Euro and US Dollar due to a selloff of the currency and as speculation mounts that the US Federal Reserve will soon announce a slowdown of monetary stimulus.  The uncertainty over the Fed’s next move regarding its easing policies was the main […]
 

The yen strengthened as uncertainty grows into the investors

Jun 13 2013 @ 11:04
Japanese stocks weaken, as the yen begins to strengthen against the U.S. dollar. Last week, the Nikkei 225 index fell by more than 6.5% and this has allowed it to get into very bearish, so we could see further declines in the coming days. Because of this, the yen has started to strengthen against the […]
 

Is the Market Driving You Nuts?

Jun 13 2013 @ 08:55
Is the market driving you nuts?  Don’t feel bad.  You’re (probably) normal.  It’s the market that’s insane.  It’s days like today that it is especially fun to be writing around midday.  There’s so much frenzy, it’s like watching the rear end of a rat race. If you are still in a tither from last night’s news […]
 

“Eurozone to Contract Even Further” – World Bank

Jun 13 2013 @ 06:37
Stock markets in Europe entered the red territory in Thursday trading in response to the latest revision of the World Bank of the outlook in the 17-member single currency union of the Eurozone and of the global economy. Releasing its Global Economics Prospects, the World Bank said the Eurozone will contract even further – from […]
 
 
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