Category Archives: Economic News

Dow Jones Falls Again-

The Dow Jones Industrial Average fell more than 200 points in light trading on Wednesday.  The drop marked the sixth straight day that the Dow Jones posted a loss.  European debt concerns and weak production numbers forced prices lower. To read … Continue reading

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

Euro Falls On Debt Yields –

Yields for European sovereign debt continue to drive the Euro lower in trading.  The Euro fell against most major currencies and settled at $1.3525.  In trading against the Yen, the Euro fell to 104 Yen and had the biggest weekly drop since late … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Euro, General, Interest Rates, Investments, Options & Futures, Trading | Leave a comment

Oil Climbs Over $100 –

Oil climbed over $100 a barrel in early trading on Wednesday for the first time since July 26th.  Oil has risen on positive economic figures such as industrial production and October retail sales.  However, the strength of the Dollar may … Continue reading

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

Fed Economists: Europe Could Trigger Recession –

A paper released by the Federal Reserve Bank of San Francisco indicates that the crisis in Europe could trigger a 2012 recession in America.  According to the paper, the chances of a recession in the first six months of 2012 … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Education, Euro, Federal Reserve, General, Investments, Stocks, Treasury | Leave a comment

Smaller Euro Zone –

The Euro zone debt crisis continues to spread and yields on Italian debt broke the 7% mark today.  As a result, the Dow Jones Industrial Average fell almost 400 points in trading on Wednesday.  Speculation of a smaller Euro zone with deeper … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Euro, General, Interest Rates, Investments, Options & Futures, Political News, Regulatory, Stocks, Trading | Leave a comment

Italian Bonds Force Stock Futures Lower –

Stock futures are lower as traders focus on Italian bonds.  Bond yields for Italian debt have climbed and Berlusconi may step down as Prime Minister.   The 10 year Italian government bond yield rose to 6.58%.  The Dow Jones Industrial Average closed at almost … Continue reading

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

Economic News Sends Gold Higher –

Gold broke the $1,760 an ounce mark in trading this week.  The precious metal rose on the possibility of slower domestic economic growth and another round of monetary stimulus.  Recently, Federal Reserve Chairman Ben Bernanke indicated that additional monetary stimulus may be … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Euro, Federal Reserve, General, Hedge Funds, Interest Rates, Investments, Metals, Options & Futures, Regulatory, Stocks, Trading, Treasury | Leave a comment

Greek Referendum Sends Stocks Lower –

The Dow Jones started to rebound after falling more than 300 points.  Stocks fell after Greek Prime Minister George Papandreou called for a referendum on the European Union bailout plan.  Currently, the Dow Jones is down slighlty less than 200 points in afternoon trading. To … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Euro, General, Interest Rates, Investments, Options & Futures, Political News, Stocks, Trading | Leave a comment

Crude Ends Week Lower –

Crude oil ended the week with traders taking gains and sending crude prices lower for the day.  Crude oil fell to $93.32 a barrel after gaining almost 7% since October 21st. A decline in Japanese factory output also weighed on … Continue reading

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

Money Market Fund Regulations –

In a recent speech, former Federal Reserve Chairman Paul Volcker discussed regulatory control of money market funds  and the role of the government in the mortgage market.  Capital requirements and deposit insurance protection are two of the measures mentioned in the … Continue reading

Posted in Banking, Economic News, Federal Reserve, General, Investments, Mutual Funds, Regulatory, Treasury | Leave a comment

Dollar Falls Against Yen –

The Dollar fell in trading to a low of 75.76 Japanese Yen.  The Dollar also lost ground to the British Pound and the Euro.  Light trading volumes and the weekend meeting of European Union leaders contributed to the shift in currency allocations. To read a … Continue reading

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

European Rescue Fund May Increase –

The European Financial Stability Facility may be increased to $2 trillion Euros.  The potential increase sent the Euro higher in morning trading.  Currencies that fell slightly in trading are the yen, Dollar, and Swiss Franc. To read a related Bloomberg article, … Continue reading

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

Euro & Gold Decline –

The Euro declined in trading after a spokesman for German Chancellor Angela Merkel indicated that the debt crisis would not be resolved in the next few weeks.  The news also sent crude oil and gold prices lower in trading on Monday. To … Continue reading

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

IMF Plan Opposed –

The United States opposed a plan to almost double the size of the International Monetary Fund.  Currently, the fund has $380 billion in resources.  Shareholders opposed to the plan included Japan, China, Germany, Canada, and Australia. To read a related Reuters article, … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Euro, General, Interest Rates, Investments, Regulatory, Trading, Treasury, Uncategorized | Leave a comment

Euro Advances –

The Euro advanced today after a pledge by German Chancellor Angela Merkel and French President Sarkozy to create a plan to recapitalize the banks and address the Greek debt load.  Traders sent the Euro 2% higher against the Dollar in afternoon trading.  The increase … Continue reading

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