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February 15, 2007

Is Saving For Children The Right Route

Permalink: Is Saving For Children The Right Route by Kathyrn Lang

Filed under: Investments, Economy, Blog

It’s important to save money for the children. I’ve heard this since my husband and I first started having kids, and I recently read an article that was discussing the best ways to go about saving money for children.
The expert talked about the savings plans that are available, the tax options, and even the […]



February 13, 2007

GBP extends losses to dollar

Permalink: GBP extends losses to dollar by Brian Turner

Filed under: Investments, News

The British pound extended recent losses against the U.S. dollar today as cable tested bids around the US$ 1.9400 figure after encountering selling pressure around the $1.9520 level. Technically, today’s intraday high was just below the 23.6% retracement of the move from $1.8515 to $1.9845.
Data released in the U.K. today saw the […]



February 7, 2007

Equities markets mixed

Permalink: Equities markets mixed by Elaine Frei

Filed under: Investments, News



“Trading Rules That Work” by Jason Jankovsky

Permalink: “Trading Rules That Work” by Jason Jankovsky by Khurram Naik

Filed under: Investments, Blog

[Disclaimer: I work with Jason Jankovsky on trader education]
The markets come with their own basic rules. In the case of futures and foreign exchange, the most important rule is that these are zero sum markets. That is, for every winner there is a loser. The other basic rule is that order flow dictates price action. […]



February 6, 2007

What are the futures markets for?

Permalink: What are the futures markets for? by Khurram Naik

Filed under: Investments, Economy, Blog

What are the futures markets? Let’s begin with a story about trains. Before trains, the nation was divided into small markets for various commodities, but with trains came the first truly national markets. Now it was cheap for farmers and grain merchants to deliver goods to the places that needed them most - and would […]



January 29, 2007

US banks mixed on merger news, rumors

Permalink: US banks mixed on merger news, rumors by Elaine Frei

Filed under: Investments, Economy, News

New York equities markets were slightly higher on Monday. By midday, the Dow Jones Industrial Average was up 0.1 percent to 12,504.88, while the Nasdaq Composite had gained 0.15 percent to 2,439.12 and the S&P 500 added 0.04 percent to 1,422.71.
The banking sector was mixed on mergers news and rumors. First Republic Bank […]



British Airways gains 2.7 percent as strike is averted

Permalink: British Airways gains 2.7 percent as strike is averted by Elaine Frei

Filed under: Investments, Economy, News

The London equities markets were mixed on Monday as only 2.5 billion shares traded hands on the session. The FTSE 100 added 0.2 percent to 6,239.9, but the FTSE 250 dropped 0.1 percent to 11,104.
In the airlines sector, British Airways added 2.7 percent to 542p as investors were relieved that a threatened 2-day strike […]



European telecoms decline on Deutsche Telekom profits warning

Permalink: European telecoms decline on Deutsche Telekom profits warning by Elaine Frei

Filed under: Investments, Economy, News

In Europe on Monday the FTSE Eurofirst 300 added 0.3 percent to 1,517.07 on Monday despite declines in the telecommunications sector.
Telecoms were lower after Deutsche Telekom issued its second profits warning in six months, citing competition and currency issues. Citigroup lowered its recommendation on the German telecom from “hold” to “sell” and Deutsche Telekon […]



Nikkei, Topix each add 0.3 percent

Permalink: Nikkei, Topix each add 0.3 percent by Elaine Frei

Filed under: Investments, Economy, News

In Tokyo on Monday the Nikkei 225 and the Topix index each added 0.3 percent on the session, to close at 17,470.46 and 1,733.59 respectively.
Export-focused sectors benefited as the yen weakened versus the US dollar. The machinery sector gained 1.4 percent as a whole, with Komatsu ending 3.4 percent higher to ¥2,560.
The steel sector […]



Gold, most base metals prices decline

Permalink: Gold, most base metals prices decline by Elaine Frei

Filed under: Investments, Economy

Profit-taking and doubts among speculators about the potential for crude oil price gains sent prices lower on Monday. Brent crude for March delivery dropped $1.14 to $54.15 per barrel, while March contracts for West Texas Intermediate crude on the New York Mercantile Exchange fell $1 to $54.41 per barrel.
Despite predictions of more cold weather […]



January 26, 2007

US internet sector gains on week

Permalink: US internet sector gains on week by Elaine Frei

Filed under: Investments, Economy, News

The New York equities markets were lower at midday on Friday and seemed determined to close out the week with losses as well. The Dow Jones Industrial Average was down 0.3 percent at mid-session to 12,468.11, down 0.8 percent on the week and even on the year. The Nasdaq Composite dropped 0.2 percent […]



FTSE 100, 250 both lose on day, gain over week

Permalink: FTSE 100, 250 both lose on day, gain over week by Elaine Frei

Filed under: Investments, Economy, News

In London on Friday, the FTSE 100 dropped 0.7 percent to 6,228. This translated to a gain of 0.1 percent for the week. Meanwhile the FTSE 250 was down 0.5 percent on the day to 11,118.6, 0.4 percent higher over the week as a whole.
The tobacco sector was higher. BAT added 1.2 […]



Nokia adds 7.4 percent on week

Permalink: Nokia adds 7.4 percent on week by Elaine Frei

Filed under: Investments, Economy, News

The FTSE Eurofirst 300 ended the week 0.5 percent lower than it began, closing at 1,512.70 on Friday. The declines came after posting a six-year closing high on Wednesday.
This is not to say that there were not individual gains on the week. Mobile phone manufacturer Nokia added 7.4 percent on the week to […]



Crude prices rise on anticipated demand for heating oil

Permalink: Crude prices rise on anticipated demand for heating oil by Elaine Frei

Filed under: Investments, Economy

Anticipated demand for heating oil amid forecasts of cold weather in the United States sent crude oil prices up on Friday. One forecast has temperatures in the Northwest and Midwest US remaining below normal for at least a week.
March contracts for Brent crude was 78 cents higher to $54.90 per barrel by late afternoon […]



Yen stronger versus most currencies this week

Permalink: Yen stronger versus most currencies this week by Elaine Frei

Filed under: Investments, Economy

The yen had saw a turbulent week this week, sinking to multi-year lows against the US dollar, Australian dollar and sterling, while hitting another all-time low versus the euro before gaining against all but the US dollar by the end of the week despite declines on Friday. The Japanese currency was helped late in […]



January 25, 2007

Existing home sales down 0.8 percent in December

Permalink: Existing home sales down 0.8 percent in December by Elaine Frei

Filed under: Investments, Economy, News

Even though more corporations issued positive quarterly reports, Wall Street was lower at midday on Thursday. The Dow Jones Industrial Average was 0.4 percent lower to 12,570.66, while the Nasdaq Composite was down 0.7 percent to 2,449.10 and the S&P 500 had dropped 0.57 percent to 1,431.92. The Russell 2000 index of small-caps […]



UK real estate sector up on broker comments

Permalink: UK real estate sector up on broker comments by Elaine Frei

Filed under: Investments, Economy, News

The FTSE 100 dropped 0.6 percent to 6,269.3 in London on Thursday, while the FTSE 250 was 0.2 percent lower to 11,171.1. The 100 briefly reached a six-year high, at 6,335.1, early in the session but dropped later on the slow start in the New York markets.
Real estate was higher on the session after […]



Semiconductors gain in Europe

Permalink: Semiconductors gain in Europe by Elaine Frei

Filed under: Investments, Economy, News

The FTSE Eurofirst 300, higher early in the session, ended 0.3 percent lower to 1,522.87. The Eurofirst was hurt late by a slow start to the New York trading day.
The semiconductors sector saw gains in the day. Infineon added 2.4 percent to €11, while STMicroelectronics gained 2.5 percent to €14.38. STM was […]



Nikkei 225 drops 0.3 percent on stronger yen

Permalink: Nikkei 225 drops 0.3 percent on stronger yen by Elaine Frei

Filed under: Investments, Economy, News

In Tokyo on Thursday, the Nikkei 225 dropped 0.3 percent to close at 17,485.30 as the yen strengthened after recent weakness. The decline came after the index achieved another six-year high early in the session. Despite this, many analysts believe that advances will be limited this year due to shares that they believe […]



OPEC shows signs of crude oil production cuts

Permalink: OPEC shows signs of crude oil production cuts by Elaine Frei

Filed under: Investments, Economy

Crude oil prices were a bit lower on Thursday. Traders worried that demand could grow at the same time that the Organization of Petroleum Exporting Countries seem to be living up to promised production cuts. ConocoPhillips reported on Wednesday that it had been ordered to cut production at its operations in Libya and […]



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