Crown Currency Exchange Problems
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US Market Update: DJIA -29 S&P500 +3.2 NASDAQ -15
18 May 2012 at 10:54am
***Economic Data*** - (ES) Spain Mar Trade Balance: -#8364;3.3B v -#8364;3.8B prior - (BR) Brazil Mar Economic Activity M/M: -0.4% v +0.5%e; Y/Y: 0.9% v 2.4%e - (IN) India Forex Reserves w/e May11th: $291.8B v $293.2B prior...
EU Market Update: Spain's banking sector said to be calling on market regulat...
18 May 2012 at 4:54am
European equity indices opened lower, but have since moved off of the worst levels for the session. Spanish banks have rebounded from the prior session's losses, as shares of Bankia [BKIA.ES] have traded higher by over 20%, amid speculation that ......
Asian Market Update: Risk-aversion at a boil after Moody's cut of Spanish ban...
18 May 2012 at 1:29am
Asian equity markets are sliding ever lower in the final trading session of the week, giving little reverence to the G8 summit taking place this weekend in Camp David. Regional indices are off by over 2% just about across the board, SP500 futures have re...
DAILY FOREX AND DOW JONES RECOMMENDED LEVELS
18 May 2012 at 1:15am
Today#8217;s support: 1.2643 and 1.2600(main), where correction is possible. Break would give 1.2582, where correction also may be. Then follows 1.2540. Break of the latter would result in 1.2524. If a strong impulse, we would see 1.2508. ......
US Market Update: DJIA -50 S&P500 -4.0 NASDAQ -25
17 May 2012 at 10:38am
***Economic Data*** - (BR) Brazil May FGV Inflation IGP-10 M/M: 1.0% v 1.0%e - (BR) Brazil Mar Retail Sales M/M: 0.2% v 0.3%e; Y/Y: 12.5% v 11.7%e; Broad Retail Sales Y/Y: 10.2% v 7.9%e...
EU Market Update: 3-month Euribor rises for the first time in the post-LTRO e...
17 May 2012 at 4:52am
European equity markets opened the session slightly higher, but indices have since pared gains as most banks are in negative territory. Banks have traded with a negative tone, amid reports that JP Morgan's previously reported $2B trading loss may ......
Asian Market Update: Markets given a boost on US commitment to easing; Japan ...
17 May 2012 at 1:34am
Markets were less cautious today becoming accustomed to Greece's new instability, with a fresh election date and a caretaker government put in place confirmed today. Some of the positive sentiment can also be attributed to the US Fed's willingness ......
US Market Update: DJIA +23 S&P500 +3.8 NASDAQ +1.5
16 May 2012 at 11:04am
***Economic Data*** - (US) MBA Mortgage Applications w/e May 11th: 9.2% v 1.7% prior - (ZA) South Africa Mar Retail Sales M/M: 2.1% v 2.7%e; Y/Y: 6.8% v 6.6%e...
EU Market Update: Risk Aversion remains heightened in session; GBP slumps fol...
16 May 2012 at 5:00am
European equity indices opened the session broadly lower, as indices have been pressured by banks. Additionally, resource-related companies opened lower following cautious comments out of BHP about the outlook for commodity prices. Concerns about Greece h...
KBC: As contagion intensifies sell-off in Central Europe too
16 May 2012 at 4:53am
Broad sell-off intensified in Central Europe as markets got to know that Greeks to head back to polls after talks fail. While the biggest currency looser has been the Polish zloty as the EUR/PLN hit 4.40 level, on the fixed-income side it was the Hungaria...
Asian Market Update: Asian equities continued their decent with the focus rem...
16 May 2012 at 1:22am
Asian equities continued their slide for the 6th consecutive day as the global economic outlook becomes more clouded. Greece failed again for another day to form a new government and there is chatter that fresh elections will be held on June 17th. Germany...
US Market Update:DJIA -20 S&P500 +1.9 NASDAQ +4
15 May 2012 at 11:02am
***Economic Data*** - (PT) Portugal Q1 Labour Costs: +1.4% v -1.7% prior - (US) ICSC/GS weekly chain store sales w/e May 12th: -0.8% w/w; +4.5% y/y - (PL) Poland Apr CPI M/M: 0.6% v 0.5%e; Y/Y: 4.0% v 3.9%e...
European Market Update: Greec said to make €430M bond payment today; European...
15 May 2012 at 5:00am
European equity indices opened the session slightly higher, following the losses seen on Monday's session. Additionally, banks opened higher, but are currently trading in negative territory, as peripheral government bond yields have moved higher. ......
KBC: CEE currencies still under pressure on Greece
15 May 2012 at 3:45am
CEE currencies have continued to be under selling pressure on the Greek fear. The Polish zloty lost more than 1.5% and came above 4.3 EUR/PLN. On the other hand the most resilient currency continues to be the Czech koruna, losing #8216;jus#8217; ......
Asian Market Update: Markets continue to wallow in European concerns; China F...
15 May 2012 at 1:25am
Risk off ahead of EU GDP release later in the European session. After the close Moody's cut ratings on 26 Italian banks from 1-4 notches. Greece continues to struggle with putting together a unity Govt, leaders will meet again this evening. Greece ......
Demystifying Global Business Risk - (2 of 7) - Ralf Miner
Demystifying Global Business Risk - (4 of 7) - Bonnie Bain
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Crown Currency Exchange Problems News
Antrim Energy Inc. Announces 2012 First Quarter Financial and Operational Res...
15 May 2012 at 3:17pm Marketwire (press release) Agreement to sell Antrim Argentina to Crown Point Ventures Ltd. Antrim entered into an arrangement agreement (the "Arrangement Agreement") on March 23, 2012 to sell all of its interest in its wholly owned subsidiary, Antrim Argentina SA, to Crown Point ... and more » |
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Cook insider admits fraud, implicates former pals - Minneapolis Star Tribune
11 May 2012 at 8:26pm Minneapolis Star Tribune All he wanted to talk about was how the Crown Forex problem would affect his claim to have $4 billion in assets under management in its accounts, Pettengill said. Defendant Patrick Kiley pitched the currency program on more than 200 radio stations and ... and more » |
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Turkey ups Iran oil imports to 270000 bpd in March - Power Engineering Magazine
10 May 2012 at 8:41pm Power Engineering Magazine The exchange was closed on Monday for a bank holiday. "You have a little bit of negativity coming out of the US and a lot of negativity out of Greece and Spain, and I think that's the main problem the metal market is trying to contend with," said Nic ... and more » |
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