Commodities Bolster Asian Stocks, President Obama Set To Announce GM’s Chapter 11 Filing

Commodities Bolster Asian Stocks, President Obama Set To Announce GM’s Chapter 11 FilingMarket Brief
The Usd was weaker in Asian session. EurUsd jumped sharply to 1.4197 from 1.4081 while UsdJpy traded between 95.50 and 94.70. The persistent rise in commodity prices in past months has seen commodity stocks in Asia rise sharply this morning. As an […]


The Dollar And The Yen Gain As Stocks Declines And Investors Stay Away From High

The Dollar And The Yen Gain As Stocks Declines And Investors Stay Away From High
The yen and the dollar strengthened against higher-yielding currencies as Asian stocks extended a worldwide slump in equities, spurring demand for safer assets. The yen gained versus 15 of the 16 most-traded currencies after European Central Bank council member Axel Weber […]


Better Than Expected Results from Microsoft and Ford Support Stocks

Better Than Expected Results from Microsoft and Ford Support Stocks, While Markets Await Hints on Stress Tests
Companies continued to report their results for the quarter ending March 31, as the ongoing recession continues to weigh down on companies’ earnings, though earnings were generally strong compared with median estimates, yet earnings were indeed affected by the […]