financial markets

Gold settled, remaining largely unchanged for the week after Iranian tensions appeared to ease and financial markets stabilized.

Weaker crude oil prices also weighed in to help keep gold in check. Platinum experienced five pounding days of losses as lowering supply fears slammed prices down.

On June 25th, FCPO touched the low of 3,492 points before rebound from the support line drawn from the rising wedge chart pattern.

That amazed me again and again to see how technical analysis has been a reliable tool to make money from the financial markets.

The U.S. dollar was narrowly mixed Monday against other major currencies in European trading. Trading was subdued, however, as U.S. financial markets were closed for the Memorial Day holiday.

The euro slipped to $1.5772 from $1.5775 it bought late Friday in New York.

Other dollar rates compared with late Friday in New York included: 103.44 Japanese yen, down from 104.17; 1.0243 Swiss francs, up from 1.0238, and 0.9894 Canadian dollars, up from 0.9849.

The British pound was quoted at $1.9821, up from $1.9794.

The Bush administration's plan to remodel the patchwork system of U.S. financial regulation, built piecemeal since the Civil War, is the biggest salvo in what will be a long-running debate about the role of government in financial markets.

The news that J.P. Morgan bought investment house giant Bear Stearns for just $236 million, or $2 a share, sent tremors through financial markets around the world today.

This is company whose stock was worth almost one hundred times as much a year ago.

Federal Reserve and other central banks said they will pump $200 billion into the financial markets to help ease the strain from the credit crisis.

The Feds acting in concert with the European Central Bank, Bank of Canada and the Swiss National Bank, agreed to loan banks money in exchange for debt that includes slumping mortgage backed securites

Wall Street rebounded sharply Tuesday after the Federal Reserve and other central banks said they will pump $200 billion into the financial markets to help ease the strain from the credit crisis.

The Dow Jones industrials surged nearly 250 points.

Wall Street rebounded sharply Tuesday after the Federal Reserve and other central banks said they will pump $200 billion into the financial markets to help ease the strain from the credit crisis.

The Dow Jones industrials surged about 200 points.

Undaunted by recent turbulence in the financial markets, Visa Inc., the nation’s biggest credit card network, said Monday that it would forge ahead with what would be the largest initial public stock offering in United States history.

Undaunted by recent turbulence in the financial markets, Visa Inc., the nation’s biggest credit card network, said Monday that it would forge ahead with what would be the largest initial public stock offering in United States history.