CFD & Forex News Updates
Catch up on the latest CFD & FX news updated daily
In today's ever changing financial markets, it's essential to keep abreast of the latest news headlines in order to help you make more informed trading decisions. From the bigger world macro events to local news from the Australian markets, we've got you covered.
You'll also notice we complement the news items with an actively updated twitter feed, providing daily analysis, price projections and a snap shot of the most important markets our traders are trading.
11/25/2011 - 10:49
German chancellor Angela Merkel has once again rejected the idea of eurobonds being a method to help resolve the ongoing eurozone debt crisis.
Policymakers have mooted a plan of creating joint bonds that could stabilise the region by allowing weaker nations such as Spain and Italy borrow money at a cheaper rate on the basis their debt will be supported by their stronger counterparts like Germany.
However, speaking at a meeting with French president Nicolas Sarkozy and Italian...
11/25/2011 - 09:53
Banks operating in the British financial markets are preparing for the possibility of the break up of the eurozone, a senior regulator has revealed.
Andrew Bailey, an executive director at the Bank of England and deputy head of the Financial Services Authority, has said financiers have begun drawing up contingency plans for if the region's debt crisis becomes unmanageable.
Mr Bailey explained that lenders must face up to the fact that some member states may be forced to...
11/24/2011 - 15:50
Yields on bonds from the German government are continuing to rise as concerns the eurozone's largest economic power could get dragged into the region's debt crisis grow.
The country's ten-year bonds increased beyond two per cent today (November 24th) as speculation mounts among investors Germany - which was previously thought to be too strong to suffer - is possibly going to be affected by contagion from fellow member states.
Yesterday, the Bundesbank was forced to...
11/24/2011 - 14:17
Major banks in the UK are likely to remain largely unpopular with professionals in the stock trading industry in the near future.
That is if comments made by Stephen Hester, chief executive of the Royal Bank of Scotland (RBS), are anything to go by, as he has indicated that financiers are not currently perceived as safe investment options.
Speaking to policymakers on the Treasury Select Committee, Mr Hester stated that raising capital in the present economic climate is not easy...
11/24/2011 - 10:19
Asian stocks fell in value today (November 24th) after it emerged Japan could face a credit score downgrade in the near future.
Takahira Ogawa, director of sovereign ratings at Standard & Poor's (S&P) in Singapore, has criticised the country's government for not making significant progress towards combating its public debt issues in recent times.
Speaking during an interview with Bloomberg, Mr Ogawa warned that Japan could be "closer to a downgrade"...
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