| Disastrous Dow tumbles again
Separately, the index of leading economic indicators (LEI), fell 0.2 percent in December after falling 0.4 percent in November. Economists thought it would fall 0.1 percent. Treasury prices were little changed, with the yield on the 10-year note at 3.65 percent, roughly where it stood late Thursday. Treasury prices and yields move in opposite directions. In currency trading, the dollar gained versus the euro and was weaker against the yen. U.S. light crude oil for February delivery rose 44 cents to settle at $90.57 a barrel on the New York Mercantile Exchange. COMEX gold for February delivery rose $1.20 to settle at $881.70 an ounce. .
Wild swings leave investors breathless
A frenetic year in markets saw worries about the credit squeeze do battle with the hope for “Chindia"-driven global growth, causing markets to whipsaw in spectacular fashion. The turmoil left many casualties, particularly among financial institutions, with Northern Rock, the UK bank, the most notable. But amid the frenzy, there were opportunities for picky and patient traders to pocket worthwhile gains. In equity markets, the trick was two-fold – be selective and keep your nerve. Even veteran investors remarked on the extraordinary switches in sentiment. The floor of the New York Stock Exchange would often pulse with fearful anticipation as the last hour of the trading day approached, so often did the market reverse direction, turning gains into heavy losses, and vice versa.
USD/CAD May Find Parity Once Again As Canadian Data Provides Event ...
NZ Retail Sales Data May Decide. Feb 13 - AUD/USD May Target 0.9100 As Labor Market Data Supports Hawkish RBA Feb 12 - GBP/USD Upside Risk Looms Ahead of BOE Inflation Report and US Retail Sales Feb 11 - Euro: ZEW Investor Survey Likely To Reflect Bearish Sentiment in FX, Equities Feb 08 - GBP/USD May Climb As Inflation, Trade Data Highlight BOE's Conundrum Feb 05 - USD/CAD: Ivey PMI May Signal Weak Jobs Data, Possible Rate Cut by the BOC? Feb 07 - USD/CAD May Find Parity Once Again As Canadian Data Provides Event Risk Feb 06 - Euro: Traders Are Betting On Dovish ECB Rhetoric - What If They're Wrong? Feb 04 - The RBA May Hike, But Will AUD/USD Rally In Response? Not Necessarily. Feb 01 - Australian Data May Set the Stage for 25bp Rate Hike by the RBA On Monday Jan 31 - EUR/USD: Manufacturing Data May Confirm Slowing Global Growth Jan 29 - Will the Fed's Rate Decision Support EUR/USD, Treasuries, and the Dow? Jan 30 - Will the Release of US Q4 GDP Curb Expectations for a 50bp Fed Rate Cut? Jan 28 - US Dollar: Consumer Confidence May Highlight Poor 2008 Spending Outlook Jan 25 - US Home Sales May Set the Stage for the Fed Rate Decision - Will They Cut? Jan 23 - US Housing Data May Exacerbate Recessions Fears, Lead Dollar Lower .
OurSound in the Newspaper
Our Sound music columnist Bill Henry turns his eyes and ears on the area's vibrant, multi-genre music scene every week in The Sun Times. From blues to bluegrass, folk to funk, pop to punk and classical to celtic, Henry writes about the area's performers and music trends. The veteran Sun Times news reporter, photographer and local musician's Our Sound column mixes profiles, feature stories, advance concert coverage, occasional reviews and scene-setting observations to chronicle the rich and diverse Grey-Bruce music community. Read Bill Henry's Our Sound column every Thursday on The Sun Times entertainment section front... .
Your Comments : Ratu Joni on Christianity as an identity for Fijians
It has been part of the nation's history and has shaped the country to be what it is today. It's only right to defend what we stand for which is the foundation of our morals and values in life. Ratu Joni is right in saying that Christianity is well and truly alive in the Fijian world that it has become their identity. Just a good example when the Fiji rugby team defeated Wales in their pool game (A big Congratulation to the boys!), the first thing they did was to pray and acknowledged their GOD. Nothing wrong with this as they just merely expressing themselves and begin their celebration in a way best known to them ever since they were young. Everyone in Fiji knows this protocol which is also widely accepted in our society today. (Dua na masu ni vaka vinavinaka) A prayer of thanksgiving! To all who were watching this live on TV, they can tell outright the identity of the boys and how important is their Christian Faith towards the win.
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