Author: financialwatch_user

Forex trading tools

Tools are great to deal with trading and they will help you. Trading involves lots of data processing to make a decision to trade. Choosing a right tool are also important to light your path. There are many tools available. These tools cover different aspects of the trading. Millions of people use the paid services […]

How to be safe in FOREX market

Introduction Many people simply jump into the Forex trading thinking that they can earn some quick money. However, the problem is, it is not as simple as you think. You need to be on your toes. You need to have complete knowledge about your past trading. Many people earn lot of money. At the same […]

Expect Job Growth to Accelerate in April

Financial Watch expects April’s job growth to come in at a moderate 160,000 jobs. This is just below the consensus estimate of 170,000 jobs. Unemployment should remain unchanged at 5.2%. April’s job report can expected to be more positive than last month’s report that showed only 110,000 jobs were created during March. The bounce expected […]

Home Sales Surge, Goods Orders Climb

Sales of new homes surged 27 percent in March and orders for most durable goods climbed, indicating the U.S. economy sped up heading into the second quarter. The gain in new-home sales was the biggest in 47 years as buyers rushed to qualify for a government tax credit and the weather improved, a Commerce Department […]

Emerging-Market Stocks, Currencies Slump on Recovery Concern

Emerging-market stocks headed for their worst week in 14 months and currencies slumped on concern Europe’s debt crisis will slow the global economic recovery and push up borrowing costs for governments worldwide. The MSCI Emerging Markets Index dropped 1.8 percent to 935.17 by 10:40 a.m. in Hong Kong, extending this week’s retreat to 8.3 percent, […]

Greek debt fears continue to shake world markets

World stock markets fell Thursday as mounting concerns about Greece’s debt crisis eroded investor confidence following a bright finish on Wall Street the day before. In Europe, the FTSE 100 index of leading British shares was down 43.95 points, or 0.8 percent, at 5,679.48 while Germany’s DAX fell 53.15 points, or 0.9 percent, to 6,177.23. […]

Freddie asks for additional $10.6bn bail-out

Freddie Mac, the second-largest US mortgage finance company, said on Wednesday it would need an additional $10.6bn from the US Treasury Department to staunch losses on bad loans. The company said it had lost $8bn, or $2.45 per share, in the first three months of 2010. The amount includes a $1.3bn dividend payment to the […]

Paulson and Geithner Testify on Regulation and Housing

Today, the Financial Crisis Inquiry Commission continues its fourth round of hearings on the origins of the recession, with the current and former Treasury secretaries, Timothy Geithner and Henry Paulson, speaking on the shadow banking system — comprising financial companies like Goldman Sachs that are technically not banks because they do not take deposits.

US home loan demand up in tax credit’s last days

Demand for loans to buy U.S. homes raced to a seven-month high last week in the last hurrah for federal homebuyer tax credits that ended April 30, Mortgage Bankers Association (MBA) data showed on Wednesday. Home purchase loan applications jumped 13 percent in the week ended April 30 to the highest level since early October, […]