Market News

Before (or after, depending on what time you left your house) you head out for that Black Friday sale, make sure you know what lies ahead by checkin’ out Pip Diddy’s roundup!

Another debt problem is brewing in markets, and nope, it’s not from Spain, Portugal, or any euro zone economy. Yesterday, credit rating agency S&P downgraded New Zealand’s outlook on foreign currency rating from stable to negative.

You ready for Thanksgiving? Make sure you stuff yourselves with some goodies from my daily roundup!

Yesterday, South Korea went on a high state of alert after tensions escalated with North Korea on Yeonpyeong Island. The news is that North Korea fired at least 200 artillery shells (don’t ask me how they were able to count that), which killed 2 South Korean soldiers and injured 14.

Thanks to some earth-shaking news yesterday, we saw some wild moves in the currency markets! Don’t know what caused it? No worries – Pip Diddy’s got the 411 in today’s roundup!

The markets are a bit shaken up – the Korean won is down more than 3%; the US dollar is the recipient of some safe-haven flow; the S&P 500 futures are down about 1% at writing.

Missed out on the U.K. preliminary GDP figures that sparked a pound rally last month? Well, here’s your chance to get in on some GDP action… The second GDP estimate is coming out tomorrow! Be prepared and read all about it!

Thanksgiving is fast approaching! Which of the major currencies will have a lot to be thankful for then? Read my daily economic roundup to find out!

The all one market concept, by viewing “tops” soon after the Fed officially announced QE2 on November 3rd, suggests that all good liquidity news was already in the price:

In a sudden turn of events, Ireland is now ready to accept a bailout! Was it a sudden change of heart? Or was it a twisting of the arm?

Manic Monday? Well, not really. The economic schedule for today is pretty much empty, but is this the calm before the storm? Better be prepared by reading my roundup!

Unless you’ve been living under a rock, you’ve probably heard of the Fed being criticized for its decision to provide the economy with further stimulus. See if these economic events will give Big Ben and his buds the last laugh and say, “We told you so.”

Thanks to the role that complex financial instruments played in the global financial crisis of 2008, regulatory agencies are stepping up their game to oversee almost every imaginable kind of derivatives. But should forex derivatives also be regulated?

What happens when an unstoppable force meets an immovable object? Well, something’s got to give. In Ireland’s case, it looks like it’s finally going to give in to the rest of the euro zone’s demand for it to accept aid.

The Ireland news and related concerns are calming a bit, even though there is still plenty of attention on China after they bumped up reserve ratio requirements again today. Take a look at the VIX action yesterday (latest price bar); seems the market was ready for a risk-back-on type of day.

Does everything come in twos nowadays? After launching QE2 a few weeks ago, the U.S. Fed is now keeping markets abuzz with its latest pursuit – U.S. Bank Stress Tests 2.

Higher-yielding currencies seemed to be under the “Wingardium Leviosa” spell yesterday as they flew up the charts. Is risk appetite here to stay? Check out my roundup to find out!

Do you remember that surprise rate hike from the RBA a few weeks ago? It came as quite a shocker to the markets! What are the odds of another rate hike happening again?

Get your daily dose of fresh economic updates in my roundup today. You never know what’s coming up, so it’d be best to be prepared! Read on!

Keep smiling: the US dollar has been supported by activity in China and Ireland. Throw in a relapse of the US housing market collapse and you’ve got yourself a recipe for a big, fat risk sandwich.