Forex Gump

This past week, Japanese head honcho Naoto Kan and his samurai soldiers proposed a tax package that would slice and dice the corporate tax rate, in hopes of spicing up the Japanese economy. What could this mean for the Japanese economy?

First it was Greece, and then it was Ireland. Will Spain be the third of the PIIGS nations to ask for a bailout? Or will it say “Not by the hair of my chinny chin chin!”?

It’s that time of the year again when traders pack up, go to their favorite vacation houses, and sip 1,000-calorie eggnogs with their loved ones. But if you’re a true market junkie like me who can simultaneously ski and trade with your eyes closed, then here’s the 411 on holiday liquidity in markets!

Unlike those in the past, this week’s FOMC statement lacked the flair and drama to light up Broadway. But that doesn’t mean you should just ignore it! Here’s Forex Gump to give you the heads up of what was said yesterday!

Every story has to come to an end. For euro zone’s sovereign crisis, what will it be? Good, bad, or just plain ugly?

Once again, Asian superpower China unleashed a fresh set of impressive economic figures. Should the Chinese central bank implement more of its tightening measures, or is it time to get creative with its economic policies?

Ever heard of the “End the Fed” movement? No? Great, now I can act all smart and tell you all about it!

Earlier this week, Fitch downgraded Ireland’s sovereign debt by three notches from A+ to BBB+, as they weighed the possible impact of restructuring the Irish banking system. To be honest, I wouldn’t say the downgrade came as a surprise.

Just when the spotlight had shifted to Ireland, Spain, and Portugal, it seems that we’re starting to hear some grumbling from Eastern Europe. Once again, Hungary’s deficit problems have hit the airwaves. More trouble for the European Union?

Oh yes he can! Yesterday, U.S. President Barrack Obama announced his tentative decision to extend the Bush-era tax cuts for another two years. This sent the newswires burning as market junkies scrambled to predict its effect on the U.S. economy and the Greenback.