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Economy
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Spotlight
Pakistan Agrees to $7.6 Billion IMF Bailout...Pakistan agreed to a $7.6 billion bailout loan plan with the International Monet...
US Economy Shield ...The USA Treasury was out announcing its bailout du jour yesterday, this time a p... |
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Gold, little changed today in London, may gain as investors seek to diversify their portfolios after equities plunged & Germany, Europe's largest economy. Sell rallies towards $720. Stop above $730. Target $700.Read More
Sell below $60 with stops above 61.30. Target $58. Currently, WTI Crude inventories and Imports vs. Domestic production appear to be rock solid, which shows no difference at the moment.... Read More 
The Chinese stimulus package announced over the weekend only managed to stimulate markets for half a day as the North American session yesterday saw the pendulum swinging back to bearish mode... Read More 
The world's second largest, Japan's economy entered its first recession since 2001 last quarter. The economists and the government say conditions may get even worse.
GDP shrank an annualized 0.4 percent in the 3 months ended Sept. 30, the Cabinet Office said today in Tokyo. Leading economists predicted the economy would grow 0.1 percent after contracting a revised 3.7 percent in the previous period.
Leaders from the leading developed and emerging countries agreed to further steps to shore up a global economy sliding into recession, and laid out regulatory proposals to prevent a recurrence of the financial crisis.