The recent index rally in the US has inspired many to applaud FED chairman Ben Bernanke for his pro-market fiscal policies…
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The Goods
European Stocks Moving Up
Markets are having a fairly good day in Europe as all the major indices are trending upwards following the ECB and BoE meetings on Thursday. The British FTSE 100, France’s CAC, Germany’s DAX, Spain’s IBEX and Italy’s FTSE MIB were all up between 0.2 and 0.6 per cent…
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Abe Pleased With G20
Japan’s Nikkei index shot up by two percent today following mild criticism from G20 finance ministers over the recent feebleness of the yen. The posture at a gathering in Moscow is a helping hand to Prime Minister Shinzo Abe who looks to strengthen Japan’s ailing exports…
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LinkedIn All Work And No Play
According to its fourth-quarter earnings report, LinkedIn boosted its shares almost 20 percent to $148.50 by early Friday afternoon — breaking an all-time high for the professional and increasingly popular social network…
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The Shekel Looking Good Against The Euro
During the morning’s inter-bank trading, the shekel strengthened against the euro, but he shekel-dollar exchange rate remained unchanged, compared with Friday’s 3.682/$ when the shekel-dollar exchange rate fell 0.14% to NIS 5.02/€…
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Pfizer Profit Quadruples
The world’s leading drug maker announced Tuesday that its fourth-quarter profit more than quadrupled, in spite of the competition from generic drugs impacting sales. The profit is largely explained by the company’s $4.8 billion gain from selling its nutrition business…
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Crude Rises
Monday morning market opening saw U.S. light sweet crude rise 25 cents, or 0.26 percent, to $96.13 per barrel. Other commodities also went up on indication that the world’s second largest economy China is becoming more dynamic, coupled with sanguinity that the nastiest eurozone debt crisis is over and that Japan’s efforts to revive its stagnant economy are paying dividends…
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The Land Of The Rising Cars
According to a report by Bloomberg today, Toyota Motor Corp. overtook General Motors and Volkswagen last year in global sales after the massive Tsunami and earthquakes that shook Japan. Moreover, the car manufacturer managed to regain its position regardless of record recalls…
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Yentabook?
Facebook’s Mark Zuckerberg wants you to go on a date. Facebook’s brand new Graph Search function gives users a chance to connect with others who have similar interests and make new friends, which according to some analysts, will lead to more extramarital affairs and to the ultimate breakdown of marriage…
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Gold Rush Ahead?
Gold traded $1,660 an ounce on Friday, a 13 percent decline from its record high of $1920 set in 2011, when Europe’s debt crisis had its peak. After a substantial decline, some analysts are – quite audaciously – suggesting that gold could very well hit $13k in the next 10 years…
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