Finance Food

Independent Financial Advice News

Dunklebarger renews challenge for Lynch’s seatThursday, March 11, 2010 @ 9:43AMWestwood’s Phil Dunklebarger, 61, will again challenge Congressman Stephen Lynch for the ninth district seat, this time as an independent, a designation he said extends to his wallet.

Indices: DAX and CAC resilient on US dataThursday, March 11, 2010 @ 9:38AMFXstreet.com (London) - European equity markets are trading relatively softly, with the DAX flat and CAC off just 7 points from the open.

Covered BondsThursday, March 11, 2010 @ 9:30AMThe Government proposes further measures to assist federally regulated financial institutions to diversify their funding sources.

Commodities: Oil suffers on jobs, rebounds quicklyThursday, March 11, 2010 @ 8:38AMFXstreet.com (London) - Crude futures came off as much as 50c on unimpressive jobless figures out of the US today. Price had been moving in a tight 20c channel between $81.90 and $82.10 prior to the release.

GBP/USD capped by 1.5000Wednesday, March 10, 2010 @ 6:47PMFXstreet.com (Buenos Aires) – GBP/USD Current price: 1.4971. Pound downside pressure remains remarkable, now pressure by acquisition of oil companies in the US, with first line banks selling pounds and buying dollars early Europe.

USD/JPY bullish continuation aheadWednesday, March 10, 2010 @ 6:46PMFXstreet.com (Buenos Aires) – USD/JPY Current Price: 90.49. After testing 90.80 area, pair is correcting to the downside yet still quite positive in the day, after BOJ expectations of extend QE next week.

AUD/USD looking bit heavy around .9130Wednesday, March 10, 2010 @ 6:46PMThe jobs data was slightly disappointing but that will be totally forgotten about tomorrow.

Gold is sent down to hit fresh 2-week lowWednesday, March 10, 2010 @ 6:46PMFXstreet.com (Barcelona) – Despite on yesterday's season gold recovered most of the lost ground closing above $1,120.00 after bottoming at 1,108.00, the developments today tailed off with the precious metal being severely punished and dragged down to a fresh 2-week low.

Britons 'pay £9bn unnecessary tax'Wednesday, March 10, 2010 @ 6:42PMBritons are set to pay £9 billion in unnecessary tax during 2010 as the majority of people fail to take simple steps to reduce their tax burden, research showed.