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Play in the FOREX market Without Risking Funds |
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In category: Stock Market
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Written by Wallet Keeper
- Monday, 07 April 2008 |
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The FOREX is one of the world’s largest foreign currency exchange market that has transactions amounting to $1.5 trillion dollars on a daily trading basis. These transactions allowed the NYSE (New York Stock Exchange) to trade over 100 times in volume around the world.
Before, stock exchange was available only to corporal businesses and specific government employees but changes in economy have also changed. Now, individual investors have been allowed to take part in the FOREX market that even online access was made possible worldwide. Many active investors made global access possible to the market for easy trading in FOREX and moreover gaining popularity in the market world has lead investors to access globally even at their homes. Many people indulge themselves in the market world because of the excitement and overpowering thrills it offers. Often times, addiction to FOREX trade happens especially to those having the will to increase their profits. However, being involved in the FOREX trade is a volatile matter. There are several ups and downs involved in the market especially risk taking and decision making that can either lessen or increase your profit gain. Even tactical strategies are necessary for making the right decisions. |
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European Stocks Head for Another Shaky Ride |
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In category: Stock Market
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Written by Wallet Keeper
- Saturday, 05 April 2008 |
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Deepening concern over the state of the U.S. economy and its impact on Europe will lead to further uncertainty in European stock markets next week, as investors look to interest-rate decisions from major central banks for reassurance.
A lack of clarity over even short-term market direction is leading many market participants to hold back from risky trades until economies find a firmer footing.
“In times of uncertainty not trading is a trading decision, if you can’t calculate your risk reward, sitting on the sidelines is probably best,” Steven Mayne, head of research from Montague Pitman Stockbrokers, told CNBC.com. Both the European Central Bank and Bank of England decide on interest rates Thursday April 10, with the ECB widely expected to hold rates steady at 4 percent in the hope of stifling rampant prices rises. “The ECB will leave interest rates unchanged,” Otmar Lang, head of research at Citigroup Private Banking, said, adding a cut is possible as early as June. |
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What Recession? Investors Go Shopping for Bargains |
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In category: Stock Market
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Written by Wallet Keeper
- Saturday, 05 April 2008 |
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While the rest of the country worries that a recession is finally here, some investors are...well, shopping for bargains. "We love markets like this because they create tremendous amounts of value for investors, and the problem is people just freak out and say, 'I'm not buying no matter what,'" says Jim O'Shaughnessy, founder of O'Shaughnessy Asset Management. "If you look at all the cash that's out there on the sidelines -- huge amounts of cash on the sidelines -- we love this market."
While the buy-happy sentiment is far from unanimous among analysts and money managers, there is a widely shared view that the stock market generally recovers from a recession faster than the economy. And there's the belief that we rarely know a recession has hit until it's about halfway over. In fact, timing seems to be everything when it comes to this recession, which emerged into clearer view with Friday's dismal jobs report. |
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Microsoft Reviewing Offer For Yahoo; Shares Plunge |
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In category: Stock Market
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Written by Wallet Keeper
- Saturday, 05 April 2008 |
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Microsoft is re-evaluating its $31-a-share offer for Yahoo in light of worsening market conditions, a person familiar with the situation told CNBC on Friday. "Microsoft believes the window of opportunity is now," the person said. "And it's up to the Yahoo board to engage in meaningful negotiations. Microsoft will only be patient to a point."
 Yahoo's headquarters. Shares of Yahoo dropped almost 5 percent in extended electronic trading Friday after the news.Microsoft has been repeatedly trying to engage Yahoo's board in discussions since it made its initial offer, a source inside Microsoft said, but the software company is frustrated that Yahoo hasn't taken talks seriously.
Yahoo rejected Microsoft's initial offer, saying it "substantially undervalues" the company. Microsoft made its $44.6 billion bid for the Internet company on Jan. 31. The offer is now worth about $42 billion. Microsoft now is sending a message to Yahoo that the Internet portal's stock is vulnerable if Microsoft withdraws its offer, the company source said. |
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Renaissance Technologies to enter Indian stock market |
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In category: Stock Market
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Written by Alex Smith
- Monday, 31 March 2008 |
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Renaissance Technologies, a hedge fund management firm, has received permission from the Securities and Exchange Board of India to operate as a foreign institutional investor in the Indian stock market, according to Business Standard. According to the publication, Renaissance Technologies was granted permission in January 2008. Securities and Exchange Board of India (SEBI) has been trying to see that foreign investors directly participate in the Indian market than through participatory notes which are derivative instruments that do not come under SEBI. |
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In category: Stock Market
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Written by Alex Smith
- Saturday, 29 March 2008 |
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Wall Street finishes lower for third straight session. Worries about consumers and more weakness in bank stocks scare investors. NEW YORK -- Stocks slid Friday, falling for the third straight session, as investors abandoned an early rally attempt as J.C. Penney's profit warning and churning in the financial sector kept economic fears in focus.
The Dow Jones industrial average (INDU) lost 0.7%, while the broader Standard & Poor's 500 (SPX) index lost 0.8%. The Nasdaq composite (COMP) lost nearly 0.9%. Stocks rose through the early afternoon as investors welcomed a report showing a rise in personal income and tame inflation - as well as falling oil and gold prices. But the gains were tepid and the advance petered out as the session progressed. It was the third down day in a row for stocks, with investors unable to extend a gain over more than a week. |
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Wall Street higher despite spending data |
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In category: Stock Market
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Written by Alex Smith
- Saturday, 29 March 2008 |
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Personal spending down in February, but personal income rose NEW YORK - Stocks rebounded Friday after a government report confirmed that personal spending fell in February to its weakest level in 17 months, but that personal income rose more than expected.
The Commerce Department’s report showed consumer spending rose by 0.1 percent last month, in line with Wall Street’s expectations. But word that personal incomes rose by 0.5 percent in February came as a surprise as the market was looking for a 0.3 percent rise. Investors appeared somewhat cheered after the findings also showed that an important inflation gauge tied to consumer spending rose only 0.1 percent when excluding often-volatile energy and food costs. The reading — the Federal Reserve’s preferred measure of inflation — is up 2 percent over the past 12 months. With so-called core inflation back within the Fed’s target of 1 percent to 2 percent it could be easier for the central bank to justify further interest rate cuts without fear of adding too much money to the economy and driving up prices. |
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