Posted by
sandeep on Sep 24th, 2008 in
Economy,
World |
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One can have a look on the amazing history of Fed interest rates “Fed interest rates hovered near 1 % in 1954 and, it went skyrocketing in 1981 to more than 15% and recently the Fed lowered it to 4.75% on Sep 18, 2007 from earlier 5.25%”
The Federal Reserve is often referred as the “Fed”. It is the central banking system of the U.S. The Federal Open Market Committee (FOMC), a component of the...
Recent launch of Rupee futures on the NSE is a matter of great jubilation for the all participant in the derivative market. MCX and BSE also got the approval to launch the Rupee futures from the RBI. By seeing the warm response of the Rupee futures launched by NSE, it seems that it will witness huge response and going to prove yet another milestone in the Indian derivative market illustrious golden period. The...
Posted by
sandeep on Sep 1st, 2008 in
Commodity |
0 comments
What an astounding rally Tin prices has witnessed in the recent past. A lesser-known metal has slowly climbed to news highs. But the billion-dollar question is that the current bullish momentum can be sustained in long run or not?
Earlier Tin was considered unworthy of notice because its market is a smaller compared to its peers like Copper, Zinc and Aluminum. Kuala Lumpur Tin Market and LME are the key benchmarks...
Posted by
sandeep on Sep 1st, 2008 in
Commodity |
0 comments
Nowadays the most common saying in the west is “Buying a Car is much easier than keeping it rolling”Its all due to the sky rocketing crude oil and gasoline prices.
What an amazing rally is going in the energy prices! No body has ever thought that the crude oil prices will surge past $100 per barrel just few years back. But now it has become realty and it is forecasted that in the times ahead it can even cross...
Posted by
sandeep on Jul 8th, 2008 in
Economy |
1 comment
The Dollar, which was the “Stellar” currency worldwide until recently, is slowly losing its crown of being “global reserve currency”, which is mainly due to the recent meltdown in its value in relation to other currencies. It is notable that Dollar is used as reserve currency since 1945. With Dollar’s 45 percent decline against Euro during the past six years and 6.4 percent decline against a basket of...