ECB

Market News This Week

Posted on December 02nd, 2010 in asx, aus, aussie dollar, australian, cent, china, cotton, dow jones, ECB, export, ftse, Gary E Kerkow, gold, india, Levi Straus & Co, Market News, micro cap, Nikkei, oil, penny shares, penny stock picks, pennyhopefuls, perth, prices

It’s amazing how a little bad weather can affect the price of a commodity. While we’ve been looking at commodities over the past few weeks, pretty much every commodity is affected by the same thing: adverse weather. And today, cotton is no different. Except, in one part of the world, what has created a shortage [...]

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60 Second Market Wrap

Posted on November 15th, 2010 in asx, aus, aussie dollar, cent, dow jones, ECB, ftse, GDP, gold, Market News, micro cap, oil, penny shares, penny stock picks, pennyhopefuls, perth, s&p

Yesterday, was a flat trading day for the market, as the S&P/ASX 200 closed down 4 points to 4,688. The Dow Jones Industrial Average added only 9 points to end the session at 11,201.97. Spending increased for October, with retail sales gaining by 1.2% and car sales were higher by 0.4%. Giving the market a [...]

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From Cash to Trash

Posted on July 25th, 2010 in aus, aussie dollar, bank, capital, cash, CEBS, cent, ECB, Market News, micro cap, money, penny shares, penny stock picks, pennyhopefuls, perth, scenario, trash

It turns out, according to the Committee of European Banking Supervisors (CEBS), the European banks aren’t half as stressed as everyone thought.
According to CEBS, the banks are only mildly tense, rather than stressed.
You’ve probably read, or at least skimmed over the details of the results already.
The upshot is that as today’s Australian Financial Review reports, [...]

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Selling Gold to Save the Euro

Posted on May 12th, 2010 in aus, aussie dollar, cent, ECB, euro, Eurozone, gold, gold prices, imf, IMF loans, Market News, micro cap, perth, US Treasury

Is the Eurozone one final U-turn away from a 20-fold rise in gold prices…?
HAPPY SELLERS a decade ago when gold hit rock-bottom, might the Eurozone states now sell gold at all-time highs to help settle government debt today?
Doubt it. Here’s why…
Lumped together, the 16 Eurozone nations (including the ECB) hold almost 11,000 tonnes of gold [...]

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