Category Archives: News & Chatter

News & Chatter

Stocks Down After Coup Attempt in Thailand

Posted on September 19, 2006 by enhanced

Stock prices dipped sharply after news of an attempted military coup in Thailand was reported. Stocks, oil and US dollar currency are down, while bonds and gold are up. From the AP news wire: Traders watching Thailand closely are certain … Continue reading →

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Fat Finger Syndrome Costs Tokyo Trader $18 Million

Posted on June 21, 2006 by enhanced

Fat Finger Syndrome Costs Tokyo Trader $18 million. A stock trader in Tokyo has the “curse of the fat finger” – mistakenly selling over $18 million of web advertiser Adways through a typing error. The trader’s simple typo cost his … Continue reading →

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Asia Indices Rally Strong Gains

Posted on June 16, 2006 by enhanced

Asia indicies are rallying and showing strong gains Friday following stellar gains in U.S. indices. on Thursday. All major Asian indices are posting gains, with all index prices gaining over +2% except one (Index: ^KLSE – Kuala Lumpur), and some … Continue reading →

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Fed Latest June News

Posted on June 15, 2006 by enhanced

News from the Fed over the wire: DJ Philadelphia Fed June Business Index 13.1 Vs May 14.4 DJ Philadelphia Fed June Price Paid 48.7 Vs May 55.3 DJ Philadelphia Fed June Employment 6.8 Vs May 1.1 DJ Philadelphia Fed June … Continue reading →

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Gold Biggest Single Day Decline in 15 Years

Posted on June 14, 2006 by enhanced

Gold fell 7.3% to 563.40 in Tuesday’s trading. This is the greatest decline in a single day in the last 15 years of gold trading. There are numerous reasons for this large decline. U.S. fears of increasing Fed rates Decreased … Continue reading →