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Archive for October, 2008

3rd UPDATE: CME Confident In Long-Term Growth Prospects - Wall Street Journal

Thursday, October 30th, 2008


CHICAGO (Dow Jones)–Trading volume in CME Group Inc.’s (CME) core interest rate futures complex continued to slide in the third quarter of 2008, dragging down total volumes and contributing to a 16% decline in net income for the Chicago exchange
Source: online.wsj.com

Nikkei climbs more than 6 pct as exporters rise - CNBC
TOKYO, Oct 30 (Reuters) - Japan’s Nikkei average rose more than 6 percent on Thursday as bargain-hunters snapped up exporter shares as the yen retreated, with trading houses such as Mitsubishi Corp also making strong gains. At 0348 GMT the benchmark
Source: www.cnbc.com

NYMEX-Crude up more as dollar weakens after Fed cut - Reuters
NEW YORK, Oct 29 (Reuters) - U.S. crude oil futures rose further in post-settlement trading on Wednesday as the U.S. dollar extended losses against the euro after U.S. stocks rallied after the Federal Reserve cut interest rates. “This latest Fed rate
Source: www.reuters.com

Central bank warns of risks in illegal gold futures speculation - Xinhua News Agency

Tuesday, October 28th, 2008


BEIJING, Oct. 23 (Xinhua) — The People’s Bank of China said on Thursday that “underground gold futures speculation” was “typical illegal trading on gold futures” and was not protected by law. The central bank warned Chinese investors of the
Source: news.xinhuanet.com

U.S. stock futures take a sharp drop, selling halted - USA Today
NEW YORK U.S. stocks headed for another precipitous drop Friday as fear of a punishing global recession sent world financial markets into a tailspin. The Dow Jones industrial average futures were down 550 points, triggering an automatic freeze on
Source: www.usatoday.com

Futures Lose Clarity, Place Fed in Dark on Reaction (Update1) - Bloomberg
Oct. 28 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke and his colleagues usually sit down for their interest- rate meetings with a clear idea of what investors think they’ll do. Not this time. One key indicator, futures contracts, no longer
Source: www.bloomberg.com

Late Day Strength Results In Sharply Higher Close On Wall Street - RTT News

Thursday, October 23rd, 2008


(RTTNews) - With traders digesting a slew of economic data, the U.S. stock markets experienced substantial volatility during trading on Thursday. The major averages bounced back and forth across the unchanged line over the course of the session
Source: www.rttnews.com

This time, U.S. stocks surge in last hour, with Dow soaring 4.6 - International Herald Tribune
For one day, at least, the swing was higher during the last hour of trading on Wall Street. Stocks, which had swung throughout the day, jumped in late day trading. Just before the close, the Dow Jones industrial average was up 395.37 points, or 4.6
Source: www.iht.com

Forex Trading Guide - Colleyville Courier
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Source: www.thenewscourier.com

 


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