Markets spent most of the day in negative territory over renewed concerns about the economic strength of the euro zone. Data released showed the services sector contracted along with manufacturing in the region’s most powerful countries, Germany and France. This report did not encourage investors as trouble still lingers in struggling debtor states, such as Spain where unemployment is at 23%, and Greece where concern for the country’s financial stability remain and continuous cuts have provoked riots.
The Markit Eurozone Composite Flash PMI, a good leading indicator of overall economic growth, fell to 49.7 in February from 50.4 last month, below expectations for a rise to 50.6 and under the 50 line that divides growth from contraction.
Fitch cut its rating for Greek sovereign debt citing a high possibility for default in the near term.
That weakness was echoed in China, whose PMI showed export orders falling, for the fourth...
Now Trading on NYSE Liffe U.S.: Options on Mini Gold and Mini Silver Futures
NYSE Liffe US offers the most liquid mini gold and mini silver US based futures. To provide clients enhanced opportunities to manage risk and capture volatility in the gold and silver market, we are pleased to announce the launch of options on 33.2 oz. mini gold (OYG) and 1,000 oz. mini silver (OYI) futures contracts. Options are highly versatile trading tools through which our clients can tap into multiple trading strategies. Options trading will have the additional benefit of increasing depth and liquidity in the underlying mini gold (YG) and mini silver (YI) futures market.
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The wish of Nachiketa Bhatnagar comes true as he visits the New York Stock Exchange and rings The Closing BellSM.
About the Make-A-Wish Foundation®
The Make-A-Wish Foundation grants the wishes of children with life-threatening medical conditions to enrich the human experience with hope, strength and joy. Based in Phoenix, the Foundation is one of the world’s leading children’s charities, serving children in every community in the United States and its territories. With the help of generous donors and more than 25,000 volunteers, the Make-A-Wish Foundation grants a wish every 38 minutes. It has granted more than 212,000 wishes in the United States since its inception in 1980. Visit the Make-A-Wish Foundation at wish.org and discover how you can share the power of a wish® .
This morning, former General Electric CEO Jack Welch weighed in against the “Buffet Rule,” saying he doesn’t “feel undertaxed in any way at all.” While Welch had few kind words for the Obama Administration’s proposal to raise taxes on the wealthy, he did praise the president’s call to lower corporate income taxes to make U.S. businesses more competitive.
The White House will formally unveil its tax reform blueprint today, including a plan...
The joint French-Russian master program "Master of International Business "Corporate Finance, Control and Risks"is offered by the Paris-Dauphine University and the St. Petersburg State Unversity of Economics and Finance (FINEC).
This program is unique in providing to students’ integration capabilities between Control, Finance and Risks, assessment, analysis and management. The curriculum provides a special qualification in human,environmental, technological, risk assessment and analysis in accordance with the International and European legislations.The Master is based on a distinctive competence of the faculty and of instructors in student and executive education, in the three fields. Besides courses, the Master offers a study trip to Paris and the opportunity to visit companies, to meet specialists and professionals and to participate to...