Tag Archives: lawmakers

Oil drops on OPEC report and Slovakian bailout fund vote

Posted on October 11, 2011 by pmarek

Oil dropped for the first time in six days on Tuesday as policy makers from Slovakia rejected a bailout fund that was aimed at helping the regions debt crisis. The country’s Prime Minister Iveta Radicova urged lawmakers to vote again …

Posted in Commodities, Main Post | Tagged bailout funds, barrels, commodity, consumer, debt crisis, demand, euro, forecasted, global, growth, investors, lawmakers, Oil, OPEC, optimism, policy makers, Prime Minister, recession, report, slovakia | Comments Off

Brazilian Real drops for second day follow new IOF tax and global debt concerns

Posted on July 28, 2011 by Josie Middleton

The Brazilian Real sank for the second day in a row after demand for the currency dropped as the country instituted a new tax on investments in foreign-exchange derivatives as well as its close connection with Europe and the U.S.…

Posted in Forex | Tagged Brazil, Brazilian, Chinese, debt crisis, default, dollar, economy, euro zone, Europe, futures, Greece, investors, italy spain, lawmakers, Real, tax | Comments Off

Pound gains against dollar and euro as investors turn to British assets

Posted on July 28, 2011 by Josie Middleton

Debt woes in the Euro zone and the U.S. helped push the pound higher on thursday as British assets became more appealing to investors.

Washington Lawmakers continued debate on raising the debt ceiling has many analysts around the world left …

Posted in Forex, Main Post | Tagged AAA, bail out, British, Central Bank, credit rating, debt ceiling, debt crisis, dollar, economy, euro, Euro Zome, Greece, interest rates, Italy, lawmakers, Pound, Spain, U.K., Washington, yield | Comments Off

Gold hits record as US fails to reach agreement over increasing debt ceiling

Posted on July 25, 2011 by pmarek

Gold hits a record high on monday after investors jumped behind the safe haven metal following U.S. lawmakers being unable to agree upon an increase in the U.S. debt ceiling. More bad news for Greece also sent the metal higher …

Posted in Commodities, Latest Headlines | Tagged Comex, commoditiy, debt, debt ceiling, Gold, government, Greece, lawmakers, Moody's, New York Mercantile, safe haven, trading | Comments Off

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