Category Archives: Banking

Banking

Crude Oil Falls On Growth Outlook –

Crude oil fell $1.23 and closed at $86.65 a barrel.  The weak economic outlook has lowered demand forecasts in a market that is already well supplied.  In addition, GDP for European zone economies only grew .2% in the second quarter.  The U.S. Dollar also increased … Continue reading

Posted in Banking, Economic News, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Dow Finishes Up –

The Dow Jones finished up 125 points on Friday but was still down 1.5% for the week.  Trading was very volatile all week with the Dow Jones moving 400 or more points on four consecutive days.  Gold touched $1,800 an ounce … Continue reading

Posted in Banking, Bonds, Currency, Earnings, Economic News, General, Interest Rates, Investments, Metals, Oil, Options & Futures, Stocks, Trading, Treasury | Leave a comment

Stocks & Oil Tumble –

The Dow Jones Industrial Average fell over 600 points in trading on Monday.  The downgrade of U.S. debt and concerns for the global economy continued to drive the market lower throughout the day.  Crude oil also fell in trading and finished … Continue reading

Posted in Banking, Bonds, Currency, Earnings, Economic News, General, Interest Rates, Investments, Metals, Oil, Options & Futures, Regulatory, Stocks, Trading, Treasury | Leave a comment

U.S. Debt Downgraded –

Standard and Poor’s lowered the U.S. credit rating to AA+ and also attached a negative outlook.  The U.S. has held a triple A credit rating for 70 years and the downgrade is likely to have a negative effect on the financial markets.  … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Federal Reserve, General, Interest Rates, Regulatory, Stocks, Tax, Trading, Treasury | Leave a comment

Stock Market Slammed –

The Dow Jones fell more than 500 points on Thursday and has fallen 8 of the last 9 trading days.  The 500 point drop is the worst one day decline since December 2008.  Almost 15 stocks fell for every stock that rose on … Continue reading

Posted in Banking, Bonds, Currency, Earnings, Economic News, General, Investments, Options & Futures, Stocks, Trading | Leave a comment

Dollar Hits Record Lows –

 The U.S. Dollar continued to decline against all major currencies and hit record lows in trading.  The uncertainty surrounding debt negotiations between Republicans and Democrats are leading traders to sell the Dollar.  In afternoon trading the U.S. Dollar/ Euro exchange … Continue reading

Posted in Banking, Bonds, Currency, Democrat, Earnings, Economic News, General, Interest Rates, Investments, Political News, Republican, Stocks, Tax, Trading | Leave a comment

Still No Debt Deal –

The weekend is coming to a close and there is no agreement on raising the debt ceiling.  Republican and Democratic negotiators have discussed short and long term debt ceiling increases.  Republicans prefer a short term increase that would require Obama to request more funding … Continue reading

Posted in Banking, Bonds, Democrat, Economic News, General, Investments, Political News, Regulatory, Republican, Stocks, Tax, Trading, Treasury | Leave a comment

European Union Offers New Greek Aid Plan –

European leaders announced $229 billion of additional aid for Greece.  They also gave their $440 billion Euro rescue fund the ability to  purchase debt from Euro nations under pressure in the markets.  The leaders hope that the plan will prevent the debt … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Euro, General, Investments, Political News, Stocks, Trading | Leave a comment

Debt Plan Sends Dow Higher –

A possible agreement to raise the debt ceiling sent the Dow higher in aftenoon trading.  The Dow Jones gained over 200 points after Obama gave his approval for a debt agreement between  Republican and Democratic Senators.  The news also sent Gold prices … Continue reading

Posted in Banking, Bonds, Democrat, Economic News, General, Investments, Political News, Republican, Stocks, Tax, Trading | Leave a comment

Debt Ceiling Talks Continue –

Debt ceiling talks between Republican and Democratic leaders continued on Saturday.  There has not been an agreement on terms to raise the $14.3 trillion debt ceiling.  The debt ceiling must be raised by August 2nd or the U.S. would fall into default and financial … Continue reading

Posted in Banking, Bonds, Democrat, Economic News, General, Investments, Political News, Republican, Stocks, Treasury | Leave a comment

Stocks Rise On Possible Stimulus –

Stocks rebounded after minutes from the Federal Reserve meeting indicated that a possible stimulus could be on the way.  The two day drop was the worst for the Dow Jones  since March.  European stocks declined for a third straight day due to … Continue reading

Posted in Banking, Bonds, Economic News, Federal Reserve, General, Interest Rates, Investments, Stocks, Trading, Treasury | Leave a comment

Currency Trading –

The biggest financial market in the world is Forex with $4 trillion traded daily.  Retail trading is steadily increasing with daily trading volume over $300 billion.  A recent Wall Street Journal article discusses the basics of FX trading and the reasons for the rise … Continue reading

Posted in Banking, Currency, Education, General, Investments, Options & Futures, Trading | Leave a comment

Dow Jones Posts Strong Gains –

The Dow Jones Industrials gained almost 170 points and capped the best week of trading in two years.  The gain was a great start for july and the fifth straight day of gains for the Dow Jones.  Although trading volume was light, the … Continue reading

Posted in Banking, Earnings, Economic News, General, Investments, Stocks, Trading, Uncategorized | Leave a comment

Stocks Rebound –

Stocks rebounded in trading on Monday and finished up almost 110 points on the day.  Microsoft and Bank of America were two of the market movers that helped to drive the rebound.  Microsoft increased 90 cents on the possibility that Windows 8 … Continue reading

Posted in Banking, Earnings, Economic News, General, Investments, Stocks, Trading | Leave a comment

Mergers & Acquisitions Decline –

Mergers and acquisitions declined in the second quarter and marked the first time in over a year that deal volume dropped in two straight quarters.  Two reasons for the drop in M & A activity are weak global economies and … Continue reading

Posted in Banking, Bonds, Economic News, General, Hedge Funds, Investments, Mergers & Acquisitions, Private Equity, Stocks, Trading | Leave a comment