As investments go, India has really great long-term prospects. No doubt about it. Indeed, India has enjoyed very decent growth rates for the last decade, pulling many of its people out of poverty in the process. But investing in India…
Author: AdmaD
AdmaD is a seasoned professional in Forex trading with a background in financial services and investments. Previously associated with Dukascopy Bank SA Switzerland, studied forex trading, insurance, real estate, and mortgage banking and extends to alternative investment strategies, particularly in Gold and Silver Investments, IRA Rollover services, and Commodity Online Trading.
The Basics of Oil Trading
You can make Money in Oil trading at home. You can start Investing in oil through one of the oil brokers, who provide the trader with trading software and market analyses. The Oil Market is very complex market but there are ways for you to learn the market. To get a better understanding of the basics we will explain some simple steps to get a better understanding of the basics.
Dollar Falls Versus Yen
Monday’s large aftershock came exactly a month after an earthquake and tsunami flattened towns and damaged a nuclear plant in northern Japan. It’s the second strong aftershock to hit northern Japan in less than a week.
The dollar was worth 84.75 Japanese yen in late afternoon trading in New York, down from 84.89 Japanese yen late Friday.
The Japanese yen is considered a safe-haven currency and tends to get stronger during times of turmoil. Days after the March 11 earthquake and tsunami, the yen reached a new record high against the dollar.
Home Prices Near a Double Dip!
With the latest data pointing to a double-dip in home prices, it has become increasingly clear that the wobbly economic recovery won’t be getting any help from the housing sector.
Existing home sales in February sank 9.6% from the previous month, while prices fell 5.2% to a median of $156,000, the lowest since April 2002. Existing homes comprise 90% of the housing market.
Meanwhile, new homes sales in February plummeted to an annual rate of 250,000, far below the norm of 700,000 and a level half that of 1963, when the United States had 120 million fewer residents than its current population of 310 million. The median sales price plunged 8.9% year-over-year.
But the worst news came with last Tuesday’s release of Standard and Poor’s Case-Shiller Home Price Index. The index average of 20 major housing markets in the United States fell 3.1% in January, putting it within 1.1% of its April 2009 low. A drop below that level would establish a new post-peak low – the dreaded “double-dip.”
CFTC Rules-U.S. Commodity Futures Trading Commission
Washington, D.C. – The U.S. Commodity Futures Trading Commission (CFTC) today announced the publication in the Federal Register of final regulations concerning off-exchange retail foreign currency transactions. The rules implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Food, Conservation, and Energy Act of 2008, which, together, provide the CFTC with broad authority to register and regulate entities wishing to serve as counterparties to, or to intermediate, retail foreign exchange (forex) transactions.