Business News:

Euro hurt by European woes; China data boosts oil 10 Mar 2010, 3:00 am

HONG KONG (Reuters) - The euro and sterling were under pressure on Wednesday after renewed concerns about Europe's fiscal problems but oil, copper and the Australian dollar were supported by China's s. […]

Source: Reuters: Business News Reuters: Business News |

Oil slips for 2nd day before U.S. inventories 10 Mar 2010, 2:59 am

SINGAPORE (Reuters) - Oil fell toward $81 a barrel on Wednesday in volatile trade as expectations for a gain in U.S. crude stockpiles offset surging Chinese imports.

Source: Reuters: Business News Reuters: Business News |

China's Geely secures financing to buy Volvo: report 10 Mar 2010, 2:40 am

STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported o. […]

Source: Reuters: Business News Reuters: Business News |

Strong China trade data make case for firmer yuan 10 Mar 2010, 2:27 am

BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan. […]

Source: Reuters: Business News Reuters: Business News |

Swiss Re sees $4-$7 billion insurance losses from quake 10 Mar 2010, 1:37 am

ZURICH (Reuters) - Swiss Re said on Wednesday the insurance sector stood to lose $4-$7 billion from the earthquake in Chile, a sum unlikely to bring the long hoped-for increase in reinsurance prices.

Source: Reuters: Business News Reuters: Business News |

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Financial News:

BofA scraps overdraft fees for card users 10 Mar 2010, 12:15 am

Bank of America said it would eliminate overdraft fees for debit card customers in a move designed to quell consumer frustration and keep the bank a step ahead of new regulations that restrict such ch. […]

Source: FT.com - Financials FT.com - Financials |

Mortgage lending lifts Canada bank earnings 9 Mar 2010, 9:09 pm

The country's five big banks have again shown their mettle after reporting combined quarterly net income of C$5bn, up more than two-thirds from 2009

Source: FT.com - Financials FT.com - Financials |

Apollo to buy Citi real estate unit 9 Mar 2010, 8:24 pm

Apollo Management has signed a preliminary agreement to buy Citigroup's property investment unit in a deal that would give Leon Black's private equity firm a far bigger presence globally, people famil. […]

Source: FT.com - Financials FT.com - Financials |

Gartmore cautious in spite of inflow of funds 9 Mar 2010, 7:45 pm

The asset management group offers a cautious outlook for the rest of 2010 despite a £273m net inflow of funds in the first two months of the year as volatility returned to the market

Source: FT.com - Financials FT.com - Financials |

Senators eye pre-funded resolution authority 9 Mar 2010, 7:37 pm

Senators in the banking committee have agreed in principle to a partially pre-funded 'resolution authority' to wind down a failing bank holding company, favouring a structure that would levy a $50bn c. […]

Source: FT.com - Financials FT.com - Financials |

Forex Trading - What is It?

Tuesday, December 9th, 2008

Forex trading is the process of buying and selling foreign currencies with the sole aim of making a profit. Foreign exchange rates are simply the price of one currency in terms of another one. If the exchange rate between the US$ and the £ is $2=£1, this means that one pound of sterling will cost [...]

Best Forex Trading Indicator

Monday, December 1st, 2008

Best Forex Trading Indicator
There is a long ongoing debate amongst Forex traders. It is a forgone conclusion that the best way to trade Forex is using technical analysis and most traders agree that a good Forex trading software program is absolutely necessary. What we cannot agree on and the reason for the debate [...]

Stealth Forex Trading System - Your Key To Consistent Forex Profits

Tuesday, November 18th, 2008

The world of the foreign exchange market is an exciting place. Traders from around the world make many thousands of dollars each day. Although learning to trade forex can seem difficult and complicated, there is a way to reduce your learning curve and begin making profitable trades quickly and consistently.
Although nothing can replace a good [...]

Forex Trend Trading - The Early Bird Gets the Cash

Friday, November 7th, 2008

Trend trading is where the big money is in the Forex market. While there is money to be made in counter-trending markets, there is only so much that can be made when the market is essentially moving sideways.
Trading when the market trends is where there is the opportunity to make (and if you’re on the [...]

3 Ways to Make Money Fast on the Internet

Friday, October 31st, 2008

Contrary to popular belief it has never been easier to make money online. Now notice I said easier, I did not say it was easy because every way to make money online takes some effort. However I would like to share with you a few ways on how to make money fast on the internet. [...]

Scalping The Forex Market For Mega Profits

Thursday, October 30th, 2008

Now, let me introduce you to another trading technique of making it big in the Forex market and walk away with mega profits within the shortest trading time. Believe me that I have tested this technique and also want to let you know that 75% traders in Nigeria are scalpers. I really celebrated the New [...]

Trading Forex - New Korean Currency Crisis?

Wednesday, October 29th, 2008

Back in 1997 major financial slump rocked number of countries in Asia, an event that became known as “Asian currency crisis”. Effected countries included Taiwan, Thailand South Korea and others. One of the memorable comments of the time came from one of leading Thai politicians. He blamed this whole mess on speculators, with George Soros [...]

A Winning Forex Trading Strategy

Monday, October 27th, 2008

There are two camps that most Forex traders tend to belong to: Fundamental analysis and technical analysis. What Forex trading strategy you choose largely depends on where you line up in the two camps. For currency traders that rely on the fundamentals to make their plays, there are a series of good and reliable strategies [...]

Trading Forex - New Korean Currency Crisis?

Saturday, October 25th, 2008

Back in 1997 major financial slump rocked number of countries in Asia, an event that became known as “Asian currency crisis”. Effected countries included Taiwan, Thailand South Korea and others. One of the memorable comments of the time came from one of leading Thai politicians. He blamed this whole mess on speculators, with George Soros [...]

How To Win Short Term In Forex Trading

Wednesday, October 22nd, 2008

Short term Forex trading can get pretty scary sometimes and good traders are always looking for a way to reduce the risk and increase the profits.
Do you have a short term forex trading style? If so, you need to be aware every day of the data releases, prominent speakers, and other potential big market moving [...]