The euro rose against the dollar for a second day on speculation investors betting on a drop in the currency were forced to exit their trades as European sovereign- debt concern eased.
The 16-nation currency pared its sixth straight monthly drop against the dollar as the Stoxx Europe 600 Index climbed for a third straight day. [...]
Posts Tagged ‘money’
Euro Rises for Second Day on Speculation Short Traders Exiting
May 28th, 2010 by HardMoney Writer
Tags: consumers, debt crisis, economic recovery, economy, euro zone, financial market, global recovery, investments, money, stock market, US Economy
more...European Stocks Tumble to Eight-Month Low on Spain, North Korea
May 25th, 2010 by HardMoney Writer
European stocks tumbled to an eight- month low as signs of weakness in the Spanish banking system increased concern that Europe’s debt crisis is spreading and military tensions grew in the Korean peninsular.
Banco Santander SA and Societe Generale SA slid more than 4 percent, leading a gauge of bank shares to the lowest level since [...]
Tags: economic recovery, economy, European stocks, european union, eurozone economy, financial, IMF, money, stock market
WORLD FOREX: Euro Recovers In Calmer Trading Environment
May 18th, 2010 by HardMoney Writer
TORONTO (Dow Jones)–The euro is higher Tuesday morning as market players trim their negative bets against the common currency in the absence of new developments in the euro-zone sovereign debt crisis.
But the pause in pressure to sell the euro and the bigger appetite for risk aren’t expected to last. Many analysts are calling for the [...]
Tags: businesses, debt crisis, Dow Jones Industrial, economic recovery, economy, euro zone, financial, financial market, investors, macro economy, money
US Stocks Wobble As Earnings Boost Market; Worries Persist
May 17th, 2010 by HardMoney Writer
U.S. stocks wobbled between small gains and losses at the open Monday after earnings from Lowe’s and General Motors encouraged investors but worries persisted over the stability of the euro zone.
The Dow Jones Industrial Average gained 33 points, or 0.3%, to 10653 in early trading. American Express rose 1.6% after joining with U.K. private equity [...]
Tags: Dow Jones Industrial, economic recovery, economy, financial, financial market, global recovery, investors, money, stocks, US Economy, wall street
Japan’s recovery accelerating, central bank says
May 1st, 2010 by HardMoney Writer
TOKYO — Japan received a brighter assessment of its economic future Friday, with a key central bank report highlighting an accelerating recovery and easing price declines.
In its semiannual outlook, the Bank of Japan predicted that the world’s second biggest economy would see faster growth this fiscal year, which began April 1, and a possible end [...]
Tags: bank of japan, central bank, economic recovery, economy, Financial Markets, global economic, japan's economic, money, unemployment
Economy grows at 3.2% rate in first quarter
April 30th, 2010 by HardMoney Writer
The U.S. economy grew at a 3.2 percent annual rate in the first three months of the year, evidence that the economic recovery continues to plug along but that growth is not accelerating in a way that would bring down joblessness rapidly.
The first-quarter gain in gross domestic product represents a deceleration from the 5.6 percent [...]
Tags: businesses, economic recovery, economy, financial, global economic, investments, investors, money, unemployment, unemployment rate, US Economy
Japan Warns Debt, Fund Flows May Hurt Global Growth
April 24th, 2010 by HardMoney Writer
WASHINGTON (Reuters) - Countries must not be complacent about the state of the global economy, despite brighter signs of recovery, Japanese Finance Minister Naoto Kan on Saturday warned his counterparts at the International Monetary Fund.
Huge public debt in developed countries and surging capital inflows to emerging economies could disrupt growth, Kan said.
The remarks came after [...]
Tags: economic recovery, economy, emerging economies, financial, Financial Markets, global recovery, IMF, Japan Finance, japan's economic, money
Goldman Tops Forecast, With $3.46 Billion in Earnings
April 20th, 2010 by HardMoney Writer
Beset by accusations of securities fraud, Goldman Sachs nevertheless showed Tuesday that it was still very good at what it does best: making money.
Earnings for the Wall Street giant rose 91 percent in the first quarter of 2010, to $3.46 billion or $5.59 a share, up from $1.81 billion or $3.39 a share in the [...]
Tags: businesses, economic recovery, financial, financial crisis, jpm, money, US Economy, wall street
Bank files against Jay Miller
December 18th, 2009 by HardMoney Writer
Heritage Oaks Bank has joined the list of creditors who say that now bankrupt former North County lender Jay Hurst Miller owes them money, according to a recent filing with the U.S. Bankruptcy Court in Santa Barbara.
In the filing, bank Executive Vice President William Raver declared that Heritage Oaks made a $250,000 personal loan to [...]
Tags: bankrupt, borrower, hard money, hard money lender, lender, loan, money, real estate
Investors can now get results, scores on hard money lenders
December 11th, 2009 by HardMoney Writer
Thanks to a new state law, investors have the right to get scores and the examination results for hard money lenders operating in Nevada.
Hard money lenders, sometimes called private lenders, solicit money from individual investors and use the money to make short-term loans to developers and others who provide real estate as collateral.
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Tags: All Western Mortgage, foreclose, Goldwater Capital Nevada, hard money, hard money lenders, Integrated Financial Associates Inc, investors, lenders, loan, money, mortgage, Nevada Mortgage Lending Division, real estate
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