Globe and MailAsian Stocks, Oil, Yen Fall on Greek Talks, Japan OrdersBloombergAsian stocks rebounded from a four- month low, oil rose and the Australian dollar strengthened after economic data in the US, Japan and Singapore beat estimates. Gold and co…
BloombergEmerging Stocks Advance to 3-Week High on ManufacturingBloombergEmerging-market stocks headed toward the highest in more than three weeks after manufacturing in the US and Chinese picked up pace in April, boosting the outlook for exporters to …
NEWS.com.auMarkets Live: Gains in miners offset by banksSydney Morning HeraldAustralian shares have closed slightly higher, with gains in the miners offset by losses among the big banks. More signs of recovery in China's manufacturing sector helped…
As the U.S. dollar strengthens against other currencies, the phantom corporate profits generated by a devaluing dollar will vanish.
One of the dirty little secrets of the stock market rally is that the rising corporate profits that powered it ar…
Since early 2009 (when the U.S. stock bull market began), the U.S. dollar has collapsed. The Brazilian real is up 56%, from 41 cents to 64 cents. The Canadian dollar is up 35%, from 78 cents to $1.05. The Swiss franc has also risen 35%, from 85 cents t…
Fed Chair Bernanke Set to Speak; Comments Could Be Source of Volatility
By Joel Kruger, Technical Strategist
09 febrero 2011 12:45 GMT
There really isn’t all that much to talk about since the North American close with currencies continuing to…
Russia aims to diversify its reserves, the world’s third biggest, and promote the use of regional currencies in international trade and finance to reduce risks posed by the dominance of the U.S. dollar. The central bank also plans to increase gold ho…