And now to the Good: plus 410 for Dow, Oil stands at $98, Gold Gives Back Some

Yes, seemed like today was “give back” day for the world markets. The Dow recovered a staggering 3.86 percent, a gain percentage that only previously was touched in 2002. For the blue chips, almost a full recovery from yesterday’s hellish drop, and Gold gives back nearly $50, to head down to $850.40 in asian trading. [...]

Dow Down 450, Crude shoots up to $97, Gold up $90, what else folks?

Are we on the edge of what could be the possible financial armageddon that the analysts and doomsday maniacs are preaching? With a 450 point, 4 percent drop bringing the Blue Chips to under 11,000, it kinda makes your wonder if we are not just in recession territory, but depression territory. With the housing market [...]

AIG Escapes the worst, Fed Reserve Refuses Rate Cut

So Lehman Brothers get a small care pack from Barclays to take over some assets, while the Federal Government gives American Investment Group, better known as AIG around $85 Billion in Bridge Loans until AIG can give its assets away or get it’s shit together. So, the dow did positive territory to the sum of [...]

So The Dow Tanks, and Lehman Brothers Collapse!

And AIG is the next bank at the on Deck circle for the latest in wall street bank ass handings this week. Lehman brothers couldn’t get any love from the Taxpayers or any offshore capital, so they decided to call it a game and declare bankruptcy. Gotta love it when the big boys get their [...]

Well, Well Well, I am Back!

Batteries recharged, and thoughts well into some hardcore consideration, we are back with some reports!!! With the declining bank scene in the US, and fire sale of crude oil happening, we are in a very exciting time. The economy of the world is having a wonderful balancing act with the powers that be shifting around [...]

Forex Brotherhood will be open within the hour! GoForexTrade.com

Nice title for the Asian Market Report eh? Yes, it is obvious that within the hour, the Forex Brotherhood Trading Community will be open to new members and giving those members the forex experience that they never had previously. Jason Alan Jankovsky is the Host for the Forex Brotherhood Trading Community. Jason has well over [...]

Asia Forex Market Session August 19th 2008 GoForexTrade.com

As the US market experienced some bad news in the financial sector, the dow jones took a 180 point dive down to 11.479. The blame was with the possibility of Fannie Mae and Freddie Mac, two secondary market financiers in the US mortgage market will need to be bailed out by the US Government. Crude [...]

Asian Forex Market August 18th 2008 GoForexTrade.com

Welcome to another week of Forex Trading. Are ready for another week of action packed trading? Let me tell you what you are looking at for this week. Europe will have alot of Purchasing Manager surveys being released later in the week. Japan will have a bank rate decision as of Tuesday’s market session. Look [...]

Recap: All markets August 15th 2008 GoForexTrade.com

Here is all of the news for today’s Forex Market… MAJORS: EURUSD: 1.4777 GBPUSD: 1.8664 USDJPY: 109.77 USDCHF: 1.0959 Crude Oil: $114.61 per Barrel US Market: Core Consumer Price Index: .3% Consumer Price Index: .8% Unemployment Claims: 450K Natural Gas Storage: 50 Billion Cubes NZ Market: Core Retail Sales: 0% even (unchanged) Retail Sales: .9%

Asia Forex Market Session August 14th 2008

Welcome to another fine glorious day in the world of forex trading. Today we noticed that the financials on the US retail sector had investors biting their nails, and with Crude having a drop in inventory, we actually gave a few bucks back to the commodity, taking it up to $116.47 on New York Mercantile [...]