Financial Services

Credit Card News: More Miles, Bigger Cash Bonuses for Customers

Credit Card News: More Miles, Bigger Cash Bonuses for New Customers The main difference with reward cards is that you are literally rewarded each time you spend money with it. The standard process is that you gain a certain amount of points for every dollar spent. It normally makes no difference whatsoever what you spend [...]

Bill Gross on Greece

Bill Gross says, Bond contract sanctity is hurt by Greece’s debt swap The “sanctity” of bondholders’ contracts has been diminished by Greece’s pushing through the biggest sovereign restructuring in history, according to Bill Gross of Pacific Investment Management Co. “The rules have been changed here,” Gross, co-Chief Investment Officer at Pimco, said in a radio [...]

EUR/USD Outlook

Despite the recent rally, a sentiment indicated by CFTC data remains bearish, with a near-record net short position at US$23.5 billion. We anticipate EUR to decline into year end and hold a target of 1.25. The decline should begin towards the end of the first quarter finding the euro trading slightly above the 1.30 level. [...]

Austerity Rules Europe

Budget discipline pact signed by 25 EU states All but 2 European Union countries signed a treaty on tighter budget discipline for the euro zone on Friday, marking a coup for Germany which pushed for the accord to try to prevent a repeat of the loose spending that led to a debt crisis. Chancellor Angela [...]

US Treasuries see late Selling

US Treasuries see late Selling 10-Yr: -03/32..1.941%.. USD-JPY: 80.49.. EUR-USD: 1.3463 US Treasuries ended on their worst levels of the session as some late day selling dropped the complex into negative territory. Longer dated paper saw small losses as the 30-yr shed 6/32 and the 10-yr lost 1/32 to finish at their respective 101 08/32 [...]

Read More » No comment February 28, 2012

EUR-USD buy at 1.3360

EUR-USD buy at 1.3360 EUR-USD – 1.3471 Most recent candlesticks pattern : N/A Trend : Near term up Tenkan-Sen level :1.3419 Kijun-Sen level :1.3372 Ichimoku cloud top :1.3288 Ichimoku cloud bottom :1.3270 Original strategy: Buy at 1.3300, Target: 1.3400, Stop: 1.3265 New strategy: Buy at 1.3360, Target: 1.3490, Stop: 1.3325 The EUR rose again after [...]

Read More » No comment February 27, 2012

Forex Metatrader 4 Broker, MT4 Download

The MetaTrader 4 terminal is a perfectly equipped trader’s workplace that allows trading in the financial markets (Forex, CFD and Futures). It provides the necessary tools and resources to analyze price dynamics of financial instruments, make trade transactions, create and use automated trading programs (Expert Advisors). It represents the all-in-one platform and is the most [...]

Read More » No comment February 23, 2012

Planning On Changing From MetaTrader 4 To MetaTrader 5?

With the official release of MetatTrader 5 (MT5) back in June 2010, it is interesting to find out how many people have since switched to the long awaited upgrade to MetaTrader 4 (MT4). On the face of it, both programmes still have a lot in common however under the hood; MetaTrader 5 brings together several [...]

Read More » No comment February 22, 2012

Banks and the US Economy

Bank lending is Key for economic growth Credit is the lifeblood of out modern economy. The breakdown of the credit markets was the major factor behind the severity of the economic downturn of Y 2008 and the Key reason the recovery has been so sluggish in the developed western economies. Note: rebounds from inventory recessions [...]

Read More » No comment February 20, 2012

Deficit US$1.1-T in the 2012 Fiscal Year

US federal government to run US$1.1-T deficit in F-Y 2012 The US Congressional Budget Office (CBO) forecast Tuesday that the federal government would run a budget deficit of around US$1.1-T in the 2012 Fiscal Year. Measured as a share of the nation’s gross domestic product (GDP) , the budget shortfall of 7% in F-Y 2012 [...]

Read More » No comment February 1, 2012

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …