http://forex.fxdd.com/date/2009
Friday, February 20, 2009
Thursday, February 5, 2009
Bank of England Cuts Rate to 1% February-5th 2009
Bank of England cuts to low of 1 percent while European Central Bank stands pat at 2 percent
The European Central Bank halted its campaign of rate cuts on Thursday, leaving its benchmark refinancing rate at 2 percent, while the Bank of England cut by a half-point to a record low 1 percent as it combats a deepening recession brought on by the world financial crisis.
The European Central Bank halted its campaign of rate cuts on Thursday, leaving its benchmark refinancing rate at 2 percent, while the Bank of England cut by a half-point to a record low 1 percent as it combats a deepening recession brought on by the world financial crisis.
Wednesday, February 4, 2009
Global Markets February-5 2009
Asia stocks up amid optimism about Chinese economy
Thursday February 5, 12:14 am ET
By Jeremiah Marquez, AP Business Writer
Asia stock markets rise amid optimism about Chinese economy; Hong Kong index up 3 pct
Most Asian stock markets rose Thursday, with Hong Kong's index up almost 3 percent, amid growing optimism China's government measures will help its economy weather the global slowdown.
http://biz.yahoo.com/ap/090205/world_markets.html
Thursday February 5, 12:14 am ET
By Jeremiah Marquez, AP Business Writer
Asia stock markets rise amid optimism about Chinese economy; Hong Kong index up 3 pct
Most Asian stock markets rose Thursday, with Hong Kong's index up almost 3 percent, amid growing optimism China's government measures will help its economy weather the global slowdown.
http://biz.yahoo.com/ap/090205/world_markets.html
Financial Market News February-4 2009
Is Alcatel-Lucent (ALU) on track to recovery? It might seem a strange question to ask on a day when the Paris telecom gear maker posted a $6.2 billion loss for 2008 after writing off $6 billion in assets, and predicted it would make no operating profit in 2009. Yet the company's yearend results, announced on Feb. 4, offered some glimmers of hope after two years of unrelenting bad news.
$1.86 Change: -0.02 Open: 1.95 High: 1.96 Low: 1.81 Volume: 9,325,200
Panasonic set to cut 15,000 jobs
Japanese electronics group Panasonic is to cut 15,000 jobs and close 27 plants worldwide as it seeks to reduce costs.
The world's largest maker of plasma TVs said it expected a net loss of 380bn yen ($4.2bn, £2.9bn) for the financial year to 31 March.
The company has been hit by a stronger yen and falling sales amid the global economic downturn.
Also on Wednesday, Japanese carmaker Mitsubishi forecast its first annual loss for three years.
It said it expected a net loss of 60bn yen for the year to the end of March, compared with a profit of 34.7bn yen a year earlier.
Amid a slew of downbeat news, Casio Computer, a maker of cameras, digital watches and mobile phones, also cut its outlook for annual net profit to 1.5bn yen from 13.5bn yen, reporting a 87% drop in net income for the April-December period.
http://news.bbc.co.uk/1/hi/business/7868966.stm
$1.86 Change: -0.02 Open: 1.95 High: 1.96 Low: 1.81 Volume: 9,325,200
Panasonic set to cut 15,000 jobs
Japanese electronics group Panasonic is to cut 15,000 jobs and close 27 plants worldwide as it seeks to reduce costs.
The world's largest maker of plasma TVs said it expected a net loss of 380bn yen ($4.2bn, £2.9bn) for the financial year to 31 March.
The company has been hit by a stronger yen and falling sales amid the global economic downturn.
Also on Wednesday, Japanese carmaker Mitsubishi forecast its first annual loss for three years.
It said it expected a net loss of 60bn yen for the year to the end of March, compared with a profit of 34.7bn yen a year earlier.
Amid a slew of downbeat news, Casio Computer, a maker of cameras, digital watches and mobile phones, also cut its outlook for annual net profit to 1.5bn yen from 13.5bn yen, reporting a 87% drop in net income for the April-December period.
http://news.bbc.co.uk/1/hi/business/7868966.stm
Tuesday, February 3, 2009
Global Markets February-3rd 2009
Equities in major Latin American markets finished higher Tuesday, with a nearly 3% jump in Brazilian shares on the possibility of an aggressive interest-rate cut next month and a surge in commodity prices.
Overall advancers in the market were led by a 10% surge in shares of real estate developer Cyrela Brazil Realty. Shares of home builder Gafisa (GFA) leaped 9.4%.
Shares of oil giant Petrobras (PBR) climbed 3.6% as prices for crude oil rose 1.7% to $40.78 a barrel on the New York Mercantile Exchange as the Organization of Petroleum Exporting Countries made production cuts. See full story.
Prices for copper, which widely serve as a barometer of economic activity, climbed 6.4% to $1.522 a pound. But March silver shed 0.9% to $12.30 an ounce. Steel stocks bounced, with shares of Gerdau (GGB) and Vale (RIO) each up 5%. CSN (SID) shares gained 3.2% and Usiminas picked up 0.7%.
https://www.etrade.wallst.com/v1/news/marketnews/marketnews.asp?freeText=Pending%20Home%20Sales&newsType=all&search_type=keywords&search_begindate=7&returnFlagLink=marketoverview
Overall advancers in the market were led by a 10% surge in shares of real estate developer Cyrela Brazil Realty. Shares of home builder Gafisa (GFA) leaped 9.4%.
Shares of oil giant Petrobras (PBR) climbed 3.6% as prices for crude oil rose 1.7% to $40.78 a barrel on the New York Mercantile Exchange as the Organization of Petroleum Exporting Countries made production cuts. See full story.
Prices for copper, which widely serve as a barometer of economic activity, climbed 6.4% to $1.522 a pound. But March silver shed 0.9% to $12.30 an ounce. Steel stocks bounced, with shares of Gerdau (GGB) and Vale (RIO) each up 5%. CSN (SID) shares gained 3.2% and Usiminas picked up 0.7%.
https://www.etrade.wallst.com/v1/news/marketnews/marketnews.asp?freeText=Pending%20Home%20Sales&newsType=all&search_type=keywords&search_begindate=7&returnFlagLink=marketoverview
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