“The trading range that has existed over the past two months has been a boon to traders. However, investors have been frustrated by the ‘treadmill’ activity, running fast but going nowhere”

Stocks in the U.S. logged modest gains Monday as traders geared up for the start of the second-quarter earnings season. via NBC Action News

Original post by NBC Action News

“We expect BOT shareholders to approve, in which case the deal could close in several days, according to CME.”

The Chicago Board of Trade appeared set Monday to join forces with its longtime rival in an $11.9 billion deal that will end its 159 years of independence but could make the combined all-Chicago company the world’s biggest exchange.

Shareholders of CBOT Holdings Inc., parent company to one of the nation’s oldest and largest financial institutions, were expected to approve the offer by Chicago Mercantile Exchange Holdings Inc. after four months of back-and-forth bidding involving upstart IntercontinentalExchange Inc. Read more

Original post by The Associated Press

“The latest composite leading indicators (CLIs) suggest that moderate economic expansion will continue in the developed countries and Brazil, Russia, China, and India (BRIC) will continue with their steady expansion”

Posted by Administrator in General Rating: 0/5 Votes : 0 The economic growth in the emerging countries such as India, China, Brazil and Russia is set to continue on a steady path whereas the developed nations … via Ahmedabad.com

Original post by Ahmedabad.com

“The good news is, they’re picking really well”

In the investment world, lessons sometimes can be learned too well. Slammed by the stock market’s plunge of 2000-02, many individual investors have since stuck to a conservative strategy. via Chicago Tribune

Original post by Chicago Tribune

THE dollar opened stronger today after the US dollar continued to lose traction against most major currencies on the back of a less attractive interest rate outlook. via News.com.au

Original post by News.com.au