The crude back to levels two years ago in the wake of the tension in Egypt. The difference, compared to 2008 is that the price of oil processed at the Ice of London (Brent) is higher than that traded in New York (WTI). Over $ 10 more, according to prices at the close of the market [...]
The images of clashes outside parliament in Athens travel the world. Unfortunately, as provided in this spreadsheet, it has come to the test of the square, who rebels against the harsh recovery plan agreed by the government of George Papandrea, the price to pay for the 110 billion aid package from the EU [.. .]
Agreement closer, though still not the finish line in sight, the new UniCredit group governance related to the launch of the project "One Bank". After a halt imposed by the shareholders at the last board - with the consequent referral to the Board of Directors convened specially for the upcoming April 13 - Yesterday we met on [...]
Concerns about the state of the economy of the eurozone countries, like Greece, Spain and Portugal (fresh from the flops of an auction of government bonds) have fueled global sales on the lists. On Wall Street, the S & P 500 has left the ground with 3.11%, the Dow Jones 2.61% and the Nasdaq 2.99%. The lists have served as well [...]
The G-20 "were determined additional resources for one million dollars to the IMF and other international financial institutions" to revive the global economy. " Word of the British Prime Minister Gordon Brown in London, a perfect master of the house, held a press conference concluding the summit of the 20 largest in the world. "The problems that [...]
The sterling crisis bringing down the cost of living in London. Less expensive as Rome and Milan The traditional ranking of the Economist on the cost of living in large cities of the world not normally holds great surprises. But the global crisis and sharp movements in currency markets have messed up the ranking. At least this is the [...]
Another black day for European markets, which have reached new lows canceling bounce Wednesday, which had appeared early on as a classic bear market rally. To freeze the markets - as well as the non-announcement by Prime Minister Wen Jiabao of increased aid plan to the economy [...]
Wall Street increasingly traveling downward, with the Dow Jones sells almost 3%, and approaches (incredibly) to the share of 6800 points. It does most of the S & P/500 who loses 3.32% while the Nasdaq leaves on the parterre 2.23 percent. The American lists, well, they are overwhelmed by a surge in sales in the same way [...]
Ghana, Tunisia and Ecuador. The three white flies in the 'annus horribilis' of world stock markets, the only all over the world are on track to close the 2008 rising, with names and exotic markets, venture into little-known routes in the globalized investors. Tags: Crisis, Crisis Grants, Economic Crisis, Crisis in Iceland, 2008 stock market collapse, collapse [...]
In a speech in Indianapolis on April 12, 1959, John F. Kennedy remarked that the Chinese term weiji, translated as "crisis", was composed of two ideograms, indicating, respectively, "danger" and "opportunity." He added that, faced with the growing technological and scientific advances of the Soviet Union had to react to an imminent risk of loss of land [...]
Decided decline in oil in Asia, in a market worried about a drop in demand following the economic crisis. The circuit of delivery November Nymex WTI share on $ 87.51, down 1, 62%. In London, Brent delivery gives the 1, 60% to $ 83.01. Meanwhile circulating the rumor that OPEC could hold [...]
Vidya Ram The wealthy Europeans looking for a house rental would do well to replace the usual Riviera with Buenos Aires, Argentina. Tags: real estate agency, China, crisis, housing crisis, Crisis Loans, Dell, Eni, Knight Frank, London, Thailand, USA
NEW YORK (USA) - New record oil prices. Also exceeded the threshold of $ 130 a barrel on U.S. crude, driven by concerns related to supplies and a weak greenback. Light Crude futures on the shares reached $ 130.47. Primacy for the Brent (the Sea oil [...]
The two jewels of the British luxury cars Jaguar and Land Rover, were awarded to the ever more present TATA. The Indian factory, in fact, after a running game last July with an outlay which, according to most experts, it would amount to 2.65 billion dollars, is able to put his two hands [...]
March 19
Posted by flicker as technical analysis , European Stock Exchanges , News
Finally the last delel European exchanges, with its closure in sharp decline, milan shaken by nervousness and weakness of some securities in the first row. The Mibtel ended the day down 1, 97%, to 23,458 points, while the S & P / Mib index gives the 1, 79% and the All Stars lost the 1, 61%. London confirms instead the worst with a decline [...]
March 17
Posted by flicker as technical analysis , European Stock Exchanges , News
Major European stock markets, after a first negative departure are still falling. In fact, a bit 'all in matinata down around 3 percent. Sure it weighs a surprise cut in the discount rate by the Fed, all then, is to be calculated, has been joined at the announcement of the purchase price of Bear bargain [...]
Good closure of European markets, as already said, in spite dell'andamento in fall of Wall Street. Cars, banks and insurance companies have supported the lists of the Old Continent. In fact the final rush Mibtel gained 1, 35% and the S & P / Mib index the 1, 48%. In particular there were exceptions: they are rearing the Banco Popular, aided by the [...]
The European currency is at a height of 1.5206 on the dollar! The supereuro bend it the dollar, the greenback after the landslide worrisome data coming from the U.S., which still put into question the future of the economy, and the statements of the Fed Chairman Ben Bernanke, and pushes the oil to new highs absolute over 101 [...]
There is one story of corruption at the time, behind the whole movement of raids in Rome, Milan, London. History in grdo to shake the second Italian industrial group. Basically, if the proposed reconstruction of the inquiries prosecutors Giuseppe Cascini and Rodolfo Sabelli is correct, there is in dance a bribe of 97 million euros, in [...]
The ECB decides to keep rates unchanged at 4% eurozone reference. The President Eurotower, Jean-Claude Trichet at a press conference, confirmed the unanimous decision of the Council of the ECB to keep rates unchanged reference, also including the marginal rate on refinancing operations remains at 5% and the rate on deposits at [...]