Federal Reserve hopes clear exit strategy will boost market confidence
Gold Gains in London as Weaker Dollar Spurs Investment Demand
Treasuries Fall Before $40 Billion Three-Year Securities Sale
Euro, Asian Stocks Gain on Speculation Europe Will Help Greece
Oil rises above $72 on weaker dollar, buying
Yen, Dollar Retreat on Speculation Europe Will Assist Greece
The global market for credit derivatives grew 32% in the first half and increased 75% over the year to the end of June, the slowest rate of growth since 2003. Credit derivatives volumes outstanding rose by almost a third, to $45,460bn at June 30 from $34,420bn at the end of last year, the International Swaps and Derivatives Association said.
Financial Times, September 27, 2007
by Doug Noland | Feb 5
Generally another tough week for global risk assets.
Read moreby Martin Hutchinson | Feb 8
When the banking system imploded in September 2008, commentators immediately feared that the result would be a credit crunch, leading to a major downturn in GDP and rise in unemployment.
Read moreby Satyajit Das | Jan 19
In 1971, Ralph Lapp, a nuclear physicist, used the term "China syndrome" to describe a hypothetical nuclear reactor meltdown where the molten core breaches containment barriers and melts through the crust of the Earth reaching China.
Read moreby Tom Au | Jan 25
Google – the epitome of the American Way
Writers such as Shaun Rein, managing director of China Market Research Group, may have rightly characterized Google's pullback from China as an "act of war."
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