Now it’s all up to Bernanke’s speech. Bank of America Corporation (NYSE: BAC) and JPMorgan Chase & Co. (NYSE: JPM) shares rise in price today, but can dramatically collapse due to interest rates rising by the Fed.
In 1970 I was 6 years old and I remember very little of that time. The collapse of the Beatles walked me to a party, as well as the football World Cup in 1970, and I have only vague memories of that year held a general election, when a Mr. Heath has changed some of Mr. Wilson. The only event that made an indelible impression on me, was the first manned landing on the moon. I still remember those grainy photographs taken in 1969 when Neil Armstrong uttered his now famous words. Then I decided that I would be an astronaut. Then I grew up.
Copper prices began to rise steadily, the price of nickel are added almost 1%, the price of silver matched to a record high in recent days. Metals rise after the fall on Friday on news that the Chinese government intends to increase the volume of low-cost housing.
Fitch Ratings upgraded the sovereign long-term issuer default ratings of Ukraine in foreign and national currency from level «B-» to «B» today. The outlook on the long-term – “Stable”. It is reported by Fitch Ratings.
Greek Finance Minister George Papaconstantinou said that the country in the first half of this year has reduced the budget deficit by 42%. He expressed hope that Greece will again be able to borrow in financial markets in 2011. This means that the country exceeds the indicators established by the International Monetary Fund and the European Union in terms of 110 billion euro emergency loan this year.
The threat of defaults, the second wave of the global financial crisis and the collapse of the American dream are the reasons for a paradoxical decision by the powerful of this world. Was the last summit Big Twenty, held in Canada, a step forward to understanding and cooperation, or back to “his shirt? Paradoxically, but most likely, and those and others. In calling for “fiscal consolidation, does not violate the processes of growth, each offering something for themselves. But overall, this is just what one would prove: the rapid fiscal consolidation at this stage will contribute to growth, not impede it.
The threat of rejection of the U.S. dollar is becoming a major problem for the U.S. stock market and an indicator of blue chip Dow Jones Industrial Average. Dow Jones Industrial went up to the mark of 9,852.17 points. Falling Dow index over -286 points (-2.82%) today. So, a new UN report contains a proposal to abandon the dollar as the main global reserve currency, so it can not guarantee the price.
The collapse of the Dow Jones Industrial Average becoming the new omen of an early start of the next wave of financial crisis in the U.S.. Dow Jones Industrial approaching the mark of 9,895.47 points. Losses for the Dow Index reached -243.05 (-2.40%). Facts speak louder than all that the U.S. economy in the way of the second bottom, of course it is up to him have not yet got. Of course, the various signals may be false, and perhaps this time everything will be different. But reality says otherwise.
Dow Jones Industrial Average could fall to 0.5% by the end of trading, say the Open Knowledge analysts. Stocks and interest rates tumbled Tuesday after signs of slowing economies around the world spooked traders. The Dow Jones industrial average (DJIA-9,895.09-243.43-2.40%) fell about 230 points in midday trading to drop below 10,000 for the first time since June 10. The Dow and other major indexes each lost more than 2 per cent.
Dow Jones Industrial came to the monthly minimum. So, today the euro-dollar fell to 1.2176. From yesterday’s maximum euro-dollar has fallen by 220 points. Deutsch DAX index shows a decline of 2.22%. Futures on the Dow Jones Industrial Average shows the decline of 239.20 Points or -2.36%. Dow Jones Industrial stood at around 9,899.32 points. A yield of 10-year U.S. Treasuries struck a note of 3% and dropped to a new year at least, the current value of 2.95% (this means that the bonds of our past issues rose in price, and bond new issues of the U.S. Treasury will be able to deploy at a lower coupon rate).