The vast currency market is a foreign concept to the average individual. However, once it is broken down into simple terms, one can begin to easily understand the foreign exchange market and see what a profitable avenue of income …

Original post by Sadiqur Rahman

“Some money market funds are vulnerable to the loss in liquidity in asset-backed corporate paper and might have to write down some of those assets, which would further weaken financial performance”

Several sectors of the Canadian economy face a “relatively high risk” from the U.S. subprime mortgage saga, with certain segments of the financial services industry among the most vulnerable, according to a BMO … via Sympatico Finance

Original post by Sympatico Finance

“Consequently, we will pay particularly close attention to the timeliest indicators, as well as information gleaned from our business and banking contacts around the country”

Stocks in the U.S. were rallying Friday after Federal Reserve Chairman Ben Bernanke addressed the current subprime mess and President Bush moved to offer federal help to mortgage borrowers. via FOX16.com

Original post by FOX16.com

Orlando, FL — DanceswithBulls.com list of penny stocks to watch today include Wi-Tron, Inc. via M2.com

Original post by M2.com

The total volume of IQD traded by the Central Bank of Iraq is in the thousands of dollars, compared to the $1900 billion dollars traded on the Foreign exchange market every day. This small number of trades makes the IQD’s value …

Original post by Warkaholic

NRIs made a kill during sub-prime downturn NRI investors are sharp. They waste no time in picking up stocks when the prices are down on the Bombay Stock Exchange — and sell them quickly when the prices move … via New Delhi News.Net

Original post by New Delhi News.Net

“But with the Bush administration stepping in, he will be less forced to do so. If it’s a combined effort, then that’s a reason to be bullish”

European shares rose early on Friday, mirroring a broad rally in Asia as investor hopes mounted for dual action from the Federal Reserve and the U.S. government to help ease the subprime lending crisis. via Reuters

Original post by Reuters

“Earnings we’ve seen so far are upbeat, fueling positive sentiment in the market”

ASIAN stocks rose yesterday after Esprit Holdings Ltd and CNOOC Ltd reported profit that beat estimates, reducing concern earnings in the region will be hit by a slump in the US housing market, Bloomberg News … via Shanghai Daily

Original post by Shanghai Daily

“The Dow Jones STOXX Indexes are the most successful and widely used Pan-European indexes, ranking first in Europe underlying ETFs as well as futures and options, and second in derivatives products worldwide”

STOXX Ltd., the leading European index provider, today announced the Dow Jones STOXX Select Dividend 30 Index has been licensed to First Trust Portfolios LP to serve as the underlying for an exchange-traded … via PrimeNewswire

Original post by PrimeNewswire

“It may have more impact on the Zale-type customer than the Tiffany-type customer.”

Jewelry retailers Tiffany & Co. and Zale Corp. said Thursday they made money this summer, but their quarterly sales performance suggested the luxury end of the market is stronger than the vast middle.

Zale, which operates middlebrow chains such as Zales Jewelers and Gordon’s Jewelers, saw its same-store sales fall 0.5 percent.

But at high-end Tiffany, sales at stores open at least a year _ one of the most closely watched indicators in retailing _ jumped 17 percent in the United States and 13 percent overall from a year ago. Read more

Original post by The Associated Press