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Keyword: globalmarkets

Brevity: Headers | « Text »
  • Asian shares tumble, yen soars on emerging market anxiety

    01/26/2014 8:18:47 PM PST · by Ernest_at_the_Beach · 18 replies
    Yahoo ^ | Sun, Jan 26, 2014, 11:15pm EST - US Markets are closed | Lisa Twaronite
    TOKYO (Reuters) - Asian shares took a beating and the yen raced to a seven-week high against the dollar on Monday, as emerging markets remained under pressure with the U.S. Federal Reserve poised to continue tapering its stimulus and tighter credit conditions in China raising fears of a slowdown.MSCI's broadest index of Asia-Pacific shares outside Japan tumbled 1.6 percent to nearly a five-month low, on track for its worst one-day performance since August after losing more than 1.0 percent on Friday. Japan's Nikkei share average (NIK:^9452) gave up the 15,000-level and dropped 2.7 percent.Expectations of continued stimulus withdrawal by the...
  • This Will Be The World's Richest Country In 2050

    12/07/2011 7:43:04 AM PST · by blam · 15 replies
    TBI ^ | 12-7-2011 | Joe Weisenthal
    CHART OF THE DAY: This Will Be The World's Richest Country In 2050 Joe Weisenthal Dec. 7, 2011, 9:40 AM Goldman has a new report out on The BRICs countries after 10 years, and how global markets will continue to evolve. Remember, the BRICs are Brazil, Russia, India, and China -- the four countries identified 10 years ago by Goldman's Jim O'Neill as being the global growth-drivers of the next generation. This new report discusses various themes, including the emergence of non-BRIC emerging markets, as well as a general flattening of income equality over the next several years. Goldman also...
  • The Fall of the Global Markets and the Rise of the Anti-Christ

    05/21/2010 6:35:18 PM PDT · by The Ignorant Fisherman · 27 replies · 739+ views
    The Ignorant Fishermen Blog ^ | 5/21/10 | DJP I.F.
    Never in the history of the “global markets” has so much been at stake. Markets across the world are on the verge of utter collapse. This is not a hyper, over-the-top assessment or a pessimistic “doom and gloom” perspective. This is only the current reality that many do not want to face. The current global markets are extremely volatile and highly unstable, reflecting doubt and pessimism about what the future holds in regard to their currencies. In view of the economic crisis in Greece, the Euro at present is tanking hard and is sending great panic and uncertainty throughout the...
  • Greek parliament votes in favour of austerity measures

    05/06/2010 10:17:42 AM PDT · by Ernest_at_the_Beach · 21 replies · 565+ views
    BBC ^ | Thursday, 6 May 2010 17:41 UK 16:41 GMT, | BBC Staff
    Greece's parliament has voted in favour of the hefty cuts and reforms proposed by the government to address the country's financial crisis. With 172 of 300 votes in favour, one report said a second vote would have to be passed for the bill to become law. The vote comes a day after three bank workers died in a petrol bomb attack as demonstrations over the planned austerity measures turned violent. The finance minister said the measures were the only way to avoid bankruptcy. But as the vote was held demonstrators gathered outside parliament to protest against the measures. Wednesday's deaths...
  • Downturn Accelerates As It Circles The Globe (Economies Worse Off Than Predicted Just Weeks Ago)

    01/23/2009 11:18:14 PM PST · by lainie · 21 replies · 459+ views
    wp ^ | 1-24-2009 | Anthony Faiola
    The world economy is deteriorating more quickly than leading economists predicted only weeks ago, with Britain yesterday becoming the latest nation to surprise analysts with the depth of its economic pain. The depth of the troubles, analysts say, indicates that nations may need to spend more than the billions of dollars already planned on stimulus packages to jump-start their economies, and that a global recovery could take longer, perhaps pushing into 2010. Analysts are particularly concerned about the slowdown in China and the recession in Europe. There is mounting concern about the stability of the euro and the British pound,...
  • Waking the Dogs (Volatility in Financial Markets)

    11/06/2005 10:06:08 AM PST · by ex-Texan · 18 replies · 581+ views
    The Economist ^ | 11/1/2005 | Staff Writers
    Financial markets have been eerily calm for most of the past two years. No longer. IT’S not easy sleeping in the Buttonwood family home. The problem is not so much the traffic as the dogs: two affectionate spaniels who begin the night with the daughters and end it with the parents. There they lie, pinning your columnist under one-tenth of a duvet, until, suddenly heeding the call of nature, they stir, stretch, leap off the bed and tug her out the front door for an urgent visit to other parts. In much the same way, volatility in financial markets is...
  • Protectionism vs. Open Markets

    01/11/2005 7:12:30 AM PST · by thebiggestdog · 156+ views
    www.hotchicken.com ^ | 1-11-05 | www.hotchicken.com
    elieve it or not, I often think about the US economy, and where it is headed. The US has proven that we can design, manufacture, and market the best products in the world, but lately we are designing and marketing, and sending the manufacturing overseas. I am not a Michael Moore type who believes that every American is entitled to a union job and a big pension, but I do believe that we are selling ourselves short by letting the Chinese manufacture such a high percentage of our consumer products. Free markets are a great idea, but the problem is...
  • European Stocks Take A Breather; Economic Jitters Return

    04/16/2003 9:41:29 AM PDT · by Starwind · 3 replies · 84+ views
    Dow Jones Newswires | April 16, 2003 | Tim Falconer
    European Stocks Take A Breather; Economic Jitters Return By Tim Falconer of DOW JONES NEWSWIRES LONDON (Dow Jones)--European stocks paused for breath Wednesday as a sketchy economic outlook overshadowed a slew of mostly upbeat trading statements. At the close, London's FTSE-100 Share Index was down 1.6% at 3854.9, while Paris' CAC-40 Index ended down 0.9% at 2895.16. At 1605 GMT, Frankfurt's Xetra Dax Index was up 0.2% at 2839.12. Hopes for an improvement in the health of the global economy were dealt a blow Wednesday as some mediocre economic data from both sides of the Atlantic heightened fears that a...