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Global Finance



Whew…what a week for Global Markets!

Saturday, October 11th, 2008

As most of you know this past week was the worst week ever for most global indices.
Worst week for Global Equities

Filed under: Economy, Financial Markets, Trading Strategy, Global Finance | | No Comments »

Global Banks on the offense with rate cuts

Tuesday, October 7th, 2008

10/08/2008

U.S Fed leads global coordinated rate cut, eases by half point to 1.5%

Bank of England cuts from 5% to 4.5%
ECB cut by a half-point to 3.75%

China cut by 27 basis points

Global rate cuts

http://biz.yahoo.com/rb/081008/business_us_interestrates.html

10/07/2008

Hong Kong cut base lending rate by 1% point

http://www.marketwatch.com/news/story/hong-kong-cut-base-lending/story.aspx?guid={80A852B4-53BC-4CC9-8567-28D3944B54A1}&tool=1&dist=bigcharts&

10/06/2008

Japan holds rates steady, notes mounting Global crisis

http://www.marketwatch.com/news/story/bank-japan-holds-rates-steady/story.aspx?guid={8FA8F60B-1458-4B51-9DC6-717D244F4E8F}

Australia rate cut stuns, markets thirst for more

http://news.yahoo.com/s/nm/20081007/bs_nm/us_financial_centralbanks

Filed under: Economy, Economy Statistics, Finance, Global Finance | | No Comments »