Posts Tagged ‘global economy’

Meeting G7 financial authorities caused panic in the markets

In the weekend in the glorious city of Tokyo met the financial authorities of the Big Seven. Actually, the U.S. economy, Japan, Germany, France, Britain, Italy and Canada - no longer the largest in the world, China will be bigger. But it's not the point. And that is head of G7 now define the global economic policy and the world was the use of mummy would be very interesting to see what they offer, as measures to counteract the growing crisis. (more...)

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Piazza Affari in trouble

Declined to Piazza Affari, the Mibtel index fall by 0.90%. Positive session for Wall Street where the Dow Jones, shows a +0.18% and Nasdaq +1.20%, led by Citigroup stock (+6%), General Motors, which earns 3.97% and Bank of America (+2.05%). The attitude of American investors remains cautious following several negative corporate news: first of all giant Nokia, the undisputed leader in the mobile market which has announced job cuts.

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Conclusion to take advantage of the falling dollar.

Values, both international and domestic, provide another area for investors to take advantage of a slip in the dollar. If the forecast looks bleak for the U.S. securities markets, some foreign markets may be poised to profit. Of course, there are also U.S. stocks that could benefit from a falling dollar. Large multinational firms that have foreign markets to generate much of their profits benefit when the dollar weakens because it makes a pound or Japanese yen in a greater amount of U.S. dollars. Some names like Procter & Gamble (NYSE: PG), General Electric (NYSE: GE) and PepsiCo (NYSE: PEP) come to mind. Read the rest of this entry »

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