Archive for May 5th, 2008
Yahoo Shares Tumble With Microsoft Out
Yahoo Shares Tumble With Microsoft Out
SAN FRANCISCO — Shares of Yahoo fell 22 percent in premarket trading as hopes for the once dominant search engine dimmed on the withdrawal of a $43.7 billion bid from Microsoft Corp. over the […]
Services SURPRISE!
Services SURPRISE!
The leap from contraction to posting growth in April’s US services sector performance opposed all expectations, 52.0 is a strong leap from 49.6 recorded and the deepened contraction expected. The market was steady since morning and gradually gaining losses against greenback until it came back and did so with glamour.
The euro was steadily rising […]
USD Mixed After Indecisive Action Friday In The Wake Of Better Than Expected US Employment Report.
Forex Market Update: USD Mixed After Indecisive Action Friday In The Wake Of Better Than Expected US Employment Report. Focus Shifting To ECB’s Trichet On Thursday
US ISM Non-manufacturing number out today. AUDUSD survived test of key support, but RBA and Trade Balance release on tap tonight.
MAJOR HEADLINES - PREVIOUS SESSION
Overnight developments:
New Zealand […]