July 15th, 2009 23:13:56 GMT

US Treasury makes statement after CIT news

by

They are obviously attempting to head off any thoughts of unease. “The US Treasury is attempting to restore stability to the financial markets and to ease the flow of credit and it has a powerful set of financial mechanisms at … Continue reading

Comments Off

July 15th, 2009 23:09:22 GMT

CIT talks fail; bankruptcy looming

by

This would be one of the largest bankruptcies in the financial markets since markets started to regain a semblance of normality this year.

Comments Off

July 15th, 2009 19:30:28 GMT

CIT aid package expected in next 24 hours

by

This one is largely in the market, but Reuters and CNBC report that a deal to backstop CIT is likely to be concluded in the next 24 hours and perhaps as early as today.

Comments Off

July 15th, 2009 16:18:06 GMT

Latest on the Merrill Lynch/BofA saga

by

Hank Paulson is set to testify on his role in the BofA/Merill Lynch deal tomorrow. The issue remains sensitive as the Fed is poised to become the systemic risk regulator under plans now working their way through Congress. The charge … Continue reading

Comments Off

June 15th, 2009 01:31:00 GMT

German credit crunch deepening

by

This is the headline on another AEP article and thanks to Saferanger for the lead. Ambrose is as always very bearish on Europe but if the facts stack up, tough credit conditions will not ease the recovery prospects for the … Continue reading

Comments Off

June 10th, 2009 22:45:52 GMT

Another bearish Euro piece from AEP

by

Ambrose Evans Pritchard is certainly consistent and it seems that this time he is taking his ‘facts’ directly from the source so there is less chance of him manipulating/massaging information to suit his case. That said, hearsay and chatter from the … Continue reading

Comments Off

June 8th, 2009 14:28:33 GMT

West Lb denies was in danger

by

West LB, the German bank, denies it nearly went bust over the weekend (of course). Reuters reported earlier today that the Bank received an additional EUR 4 bln in guarantees from the state and other owners. Whether or not a … Continue reading

Comments Off

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.