Posts Tagged ‘us currency’

China And US: Who’s Currency? Who’s Problem?

Friday, May 9th, 2008

Stocks rose at the open Thursday, after the last sessions big pullback, with oil futures trading above $123 a barrel but with investors finding relief in decent retail sales from the likes of Wal-Mart Stores. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
Sources:

www.dollardrops.com
jutiagroup.com
www.globalvoicesonline.org
www.canadiancapitalist.com

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Wall Street Mixed Ahead Of Fed Meeting

Tuesday, April 29th, 2008

Currently future markets have priced in an 84.0% probability that rates will be reduced 25 basis points to 2.00% tomorrow, with a 16.0% probability assigned to the likelihood of no rate reduction. Futures markets for the following Fed policy meetings show rates remaining steady at levels near 2.00%. This apparent end to the US rate [...]

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