Last week’s currency trading review
The Dollar ended slightly weaker in a very volatile week as the Fed Minutes pushed the USD to its lowest point this year and then the Dubai debt crisis saw it return quickly to favor on safe haven flows. US data was solid with weekly Jobless claims falling below 500k [...]
Weekly Outlook – Market’s Shake on Dubai Shock
How the major stock indexes fared on Monday (AP) – 11/30/09
AP – The stock market closed out its best month since the summer, posting big November gains even as investors worried about the strength of the holiday shopping season.
Daily Forex Outlook – Market Gyrations Continue
CURRENCY TRADING SUMMARY – 1st December (00:30GMT)
U.S. Dollar Trading (USD) opened up in Asia on the back foot as risk was put back on with the UAE Central Bank’s plan to help and Asian stocks rallying over 2%. Europe was weaker and with US stocks also sluggish little extra direction was given and the [...]
Five ETFs for a Global Recovery
Tom Lydon (ETF Trends) submits:
There are a copious amount of available exchange traded funds (ETFs) and, at times, it may be difficult to shift through and choose an investment that is likely to improve along with global economies. We’ve chosen five that could reflect the world’s recovery efforts.
Copper. China’s buying spree has been seen [...]
Beware of Year End ETF Taxes
Larry MacDonald submits:
The distribution of capital gains by mutual funds and ETFs at year end presents the risk of extra taxation. If a distribution happens to you, be sure to keep track of your adjusted cost base (ACB).
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