World Exchange Congress kicks off today

World Exchange Congress kicks off today
The World Exchange Congress 2007 kicked off in Dubai today,
with over 150 attendees and nearly 50 speakers from the world's
biggest stock exchanges, industry influencers and analysts.


This event brings together these players at a time when the global stock markets are recovering from a sharp slump that analysts still feel could have further aftershocks, while others feel it is merely a correction and investors will regain confidence in the markets. The World Exchange Congress, organised by Terrapinn, continues till March 28th at the Jumeirah Beach Hotel in Dubai, focusing strategies and innovations for the world's stock, commodities and derivatives exchanges. Recent news reports have revealed that most global markets are 'bouncing back'. But the topic is sparking extensive dialogue between speakers and delegates at the World Exchange Congress. Per E. Larsson, Chief Executive of the Dubai International Financial Exchange (DIFX), opened the conference programme this morning highlighting the DIFX's pivotal role in serving the global financial services community.

'As the international stock exchange operating between
Western Europe and East Asia, the DIFX is looking
forward to the opportunities and challenges that lie
ahead as the region's capital markets mature and
develop. This exchange industry conference is taking
place at an exciting time, with leading exchange executives, investment bankers, fund managers and analysts gathering to discuss best practices, lessons learnt, ideas for partnerships and strategies for the future.'Still considered in an emerging market, Middle East stock exchanges are also discussing regulation and governance and how this is impacting the industry here. Issues surrounding regulation and governance ran through the entire conference programme. As regional exchanges grow and seek to expand their businesses, it is possible to steer towards unregulated activities or expand present services beyond what the regulation clearly permits. According to a November 2006 report by the Technical Committee of the International Organisation of Securities Commissions (IOSCO), Regulatory Issues Arising from Exchange Evolution, this does in some cases blur the line between exchange and OTC activity. 'A solid regulatory framework is necessary for the success and growth of the exchange industry,' said Sean Willis, Managing Director for World Exchange Congress, Terrapinn. 'Today senior speakers from organisations such as the Tokyo Stock Exchange and the European Commission discussed the global and regional implications to the industry in light of disruptive regulations, and the need for international cooperation to handle complex international dealings. Citing the previously mentioned IOSCO Technical Committee report, advanced technology gives exchanges scope to build cross-border business. This raises a considerable challenge for regulators to maintain a solid framework while fostering market development.' Tomorrow's programme at the World Exchange Congress will kick off with the opening remarks of Norma Cohen, reporter for the Financial Times, while the remainder of the sessions will discuss reinvention of exchange business models, brand management for exchanges, clearing and settlement and more. World Exchange Congress 2007 is organised by Terrapinn, organisers of the Hedge Funds World series of events. The conference is sponsored by Millenium Information Technologies and OMX Group, Dubai International Financial Exchange Ltd (DIFX) and AEMS.

To Day MoNey section graph

MoNey section graph

DOW 8.05 -0.10% 8,016.95
NASDAQ 5.60 -0.33% 1,673.81
S&P 500 2.35 -0.27% 855.16
10YR 25/32 97 24/32 Yield: 3.01%
OIL 0.63 +1.26% $50.55
US $ 0.0069 -0.0090% 1 EUR = $1.3268

Currency Rates For To Day

NZD 3.00%
AUD 3.00%
GBP 0.50%
USD 0.25%
CAD 0.25%
EUR 1.25%
CHF 0.25%
JPY 0.10

U.S IS UNDER ATTACK OF BIRD FLU

Officials confront first US death from swine flu

WASHINGTON – A 23-month-old toddler died in Texas from the swine flu virus as authorities in the United States and around the world struggled to contain a growing global health menace that has also swept Germany onto the roster of afflicted nations.
"Even though we've been expecting this, it is very, very sad," said Dr. Richard Besser, acting chief of the Centers for Disease Control and Prevention. "As a pediatrician and a parent, my heart goes out to the family."
In what has become standard operating procedure in this widening health crisis, Besser went from network to network Wednesday morning to give an update on what the Obama administration is doing. He said authorities essentially are still "trying to learn more about this strain of the flu." His appearances as Germany reported its first cases of swine flu infection, with three victims.
"It's very important that people take their concern and channel it into action," Besser said, adding that "it is crucial that people understand what they need to do if symptoms appear.

"I don't think it (the reported death in Texas) indicates any change in the strain," he said. "We see with any flu virus a spectrum of disease symptoms."
Sixty-six infections had been reported in the United States before the report of the toddler's death in Texas.
The world has no vaccine to prevent infection but U.S. health officials aim to have a key ingredient for one ready in early May, the big step that vaccine manufacturers are awaiting. But even if the World Health Organization ordered up emergency vaccine supplies — and that decision hasn't been made yet — it would take at least two more months to produce the initial shots needed for human safety testing.
"We're working together at 100 miles an hour to get material that will be useful," Dr. Jesse Goodman, who oversees the Food and Drug Administration's swine flu work, told The Associated Press.
The U.S. is shipping to states not only enough anti-flu medication for 11 million people, but also masks, hospital supplies and flu test kits. President Barack Obama asked Congress for $1.5 billion in emergency funds to help build more drug stockpiles and monitor future cases, as well as help international efforts to avoid a full-fledged pandemic.
"It's a very serious possibility, but it is still too early to say that this is inevitable," the WHO's flu chief, Dr. Keiji Fukuda, told a telephone news conference.
Cuba and Argentina banned flights to Mexico, where swine flu is suspected of killing more than 150 people and sickening well over 2,000. In a bit of good news, Mexico's health secretary, Jose Cordova, late Tuesday called the death toll there "more or less stable."
Mexico City, one of the world's largest cities, has taken drastic steps to curb the virus' spread, starting with shutting down schools and on Tuesday expanding closures to gyms and swimming pools and even telling restaurants to limit service to takeout. People who venture out tend to wear masks in hopes of protection.

The number of confirmed swine flu cases in the United States rose to 66 in six states, with 45 in New York, 11 in California, six in Texas, two in Kansas and one each in Indiana and Ohio, but cities and states suspected more. In New York, the city's health commissioner said "many hundreds" of schoolchildren were ill at a school where some students had confirmed cases.
New Zealand, Australia, Israel, Britain, Canada and now Germany have also reported cases.
But only in Mexico so far are there confirmed deaths, and scientists remain baffled as to why.
The WHO argues against closing borders to stem the spread, and the U.S. — although checking arriving travelers for the ill who may need care — agrees it's too late for that tactic.
"Sealing a border as an approach to containment is something that has been discussed and it was our planning assumption should an outbreak of a new strain of influenza occur overseas. We had plans for trying to swoop in and knockout or quench an outbreak if it were occurring far from our borders. That's not the case here," Besser told a telephone briefing of Nevada-based health providers and reporters. "The idea of trying to limit the spread to Mexico is not realistic or at all possible."
"Border controls do not work. Travel restrictions do not work," WHO spokesman Gregory Hartl said in Geneva, recalling the SARS epidemic earlier in the decade that killed 774 people, mostly in Asia, and slowed the global economy.
Authorities sought to keep the crisis in context: Flu deaths are common around the world. In the U.S. alone, the CDC says about 36,000 people a year die of flu-related causes. Still, the CDC calls the new strain a combination of pig, bird and human viruses for which people may have limited natural immunity.
Hence the need for a vaccine. Using samples of the flu taken from people who fell ill in Mexico and the U.S., scientists are engineering a strain that could trigger the immune system without causing illness. The hope is to get that ingredient — called a "reference strain" in vaccine jargon — to manufacturers around the second week of May, so they can begin their own laborious production work, said CDC's Dr. Ruben Donis, who is leading that effort.
Vaccine manufacturers are just beginning production for next winter's regular influenza vaccine, which protects against three human flu strains. The WHO wants them to stay with that course for now — it won't call for mass production of a swine flu vaccine unless the outbreak worsens globally. But sometimes new flu strains pop up briefly at the end of one flu season and go away only to re-emerge the next fall, and at the very least there should be a vaccine in time for next winter's flu season, Dr. Anthony Fauci, the National Institutes of Health's infectious diseases chief, said Tuesday.

NASDAQ Today's Market Stats april 2009

NASDAQ (by volume) Apr 24 4:34pm ET †
Price Change
Microsoft Corporation 20.91 +1.99

PowerShares QQQ 33.69 +0.58

Intel Corporation 15.62 +0.09
Cisco Systems Inc 18.42 +0.80
Fifth Third Bancorp 3.71 -0.11
Sun Microsystems 9.20 -0.01
Oracle Corporation 19.79 +0.11
Sirius XM Radio Inc 0.43 +0.02
Juniper Networks Inc 22.33 +3.07
Dell Inc 11.05 +0.33
eBay Inc 16.78 +0.16
Huntington Bancshares Inc 3.24 -0.23
Yahoo! Inc 14.73 +0.18
E*Trade Financial Corp 2.48 -0.06
DryShips Inc 6.80 +0.02
Amazon.com Inc 84.46 +3.85
Apple Inc 123.90 -1.50
Comcast Corp New 13.89 +0.28
NVIDIA Corp 11.43 +0.26
QUALCOMM Inc 41.36 +0.63

US Markets april 24-04-2009

US Markets
Actives Gainers Losers Widely held Dow 30
Apr 24 4:29pm †
Change %Change Level
Dow +39.00 +0.49% 8,056.00
NASDAQ +33.00 +2.46% 1,375.00
S&P +17.80 +2.10% 866.50
DJ Wilshire 5000

+162.26 +1.83% 8,863.06
Russell 2000 +12.12 +2.60% 478.74
Dow Transports +28.92 +0.92% 3,137.76
Dow Utilities -0.72 -0.22% 326.95
NYSE Composite +96.31 +1.79% 5,468.41
AMEX Composite+10.38 +0.74% 1,406.86
Morningstar Index +38.60 +1.81% 2,132.01
*10yr Note +0.6900 +0.236% 2.996%
*NYMEX Crude Oil +0.30 +0.58% 48.85
Gold +7.50 +0.82% 914.10
Philadelphia Semiconductor

+4.29 +1.72% 253.65

THE COUNTRY ECONOMY........

EURUSD--GBPUSD--USDJPY--USDCHF
1.3278 1.4778 100.89 1.1922
1.3400 1.4731 100.67 1.1631
1.3202 1.4683 100.45 1.1600
1.3171 1.4652 100.31 1.1592
1.3117 1.4620 100.21 1.1556
1.3093 1.4583 99.81 1.1468
1.2988 1.4541 98.32 1.1430




ALL RATES ARE ACCORDING TO THE COUNTRY ECONOMY........

NEWS

Currency Bid Ask Change% Change Spread AUDCAD0.88250.8831-0.0006-0.07%.0006

AUDCHF0.83090.8317-0.0008-0.10% .0008

AUDJPY 72.18 72.22 -0.04-0.06%0.04

AUDNZD1.23631.2374 -0.0011-0.09%.0011

AUDUSD 0.71980.7201-0.0003-0.04%.0003

CADCHF 0.94130.9419-0.0006-0.06%.0006

CADJPY 81.7781.81-0.04-0.05%0.04

CHFDKK 4.89224.8931-0.0009-0.02%.0009

CHFJPY 86.840086.8404-.05000.06%.0004

CHFNOK 5.77245.7749-0.0026-.05%.0025

CHFSEK .14957.1515-0.0020-0.03%0.0020

DKKSEK 1.46111.4617-0.0007-0.05%0.0006

EURAUD 1.8315 1.8320 -0.0005 -0.03% 0.0005

EURCAD 1.6166 1.6173 -0.0007 -0.04% 0.0007

EURCHF 1.5224 1.5227 -0.0003 -0.02% 0.0003

EURDKK 7.4493 7.4496 -0.0004 -0.01% 0.0003

EURGBP 0.89940 0.89945 -0.00010 -0.01% 0.00005

EURJPY 132.23 132.26 -0.03 -0.02% 0.03

EURNOK 8.7895 8.7920 -0.0026 -0.03% 0.0025

EURPLN 4.3694 4.3729 -0.0035 -0.08% 0.0035

EURSEK 10.8860 10.8885-0.0026 -0.02% 0.0025

EURTRY 2.0682 2.0702 -0.0021 -0.10% 0.0020

EURUSD 1.31865 1.31883 -0.00019 -0.01% 0.00018

GBPAUD 2.0360 2.0369 -0.0009 -0.04% 0.0009

GBPCAD 1.7973 1.7982 -0.0009 -0.05% 0.0009

GBPCHF 1.6925 1.6931-0.0006 -0.04% 0.0006

GBPDKK 8.2810 8.2840 -0.0030 -0.04% 0.0030

GBPJPY 147.03 147.10 -0.07 -0.05% 0.07

GBPNOK 9.7713 9.7763 -0.0051 -0.05% 0.0050

GBPNZD 2.5175 2.5195 -0.0020 -0.08% 0.0020

GBPSEK 12.1027 12.1067 -0.0040 -0.03% 0.0040

GBPUSD 1.46616 1.46644 -0.00028 -0.02%0.00028

NOKSEK1.2382 1.2389 -0.0008 -0.06% 0.0007

NZDJPY 58.35 58.41 -0.07 -0.12% 0.06

NZDUSD 0.5820 0.5824 -0.0004 -0.07% 0.0004

USDCAD 1.2259 1.2263 -0.0004 -0.03% 0.0004

USDCHF 1.15436 1.15464 -0.00029 -0.03% 0.00028

USDDKK 5.6483 5.6492 -0.0010 -0.02% 0.0009

USDHKD 7.7501 7.7507 -0.0007 -0.01% 0.0006

USDJPY 100.280 100.298 -0.019 -0.02% 0.018

USDMXN 13.1142 13.1182 -0.0041 -0.03% 0.0040

USDNOK 6.6643 6.6673 -0.0031 -0.05% 0.0030

USDPLN 3.3125 3.3165 -0.0040 -0.12% 0.0040

USDSEK 8.2540 8.2580-0.0030-0.04%0.0040

USDSGD 1.51591.5164-0.0006-0.04%0.0005

USDTRY 1.56721.5692 -0.0021-0.13%0.0020

USDZAR 9.05979.0667-0.0071-0.08%0.0070

Apr 10 - Apr 12
EUR/USD -0.316 %
CAD/USD -0.389 %
JPY/USD +0.196 %
AUD/USD -0.578 %
GBP/USD +0.243 %
GBP/EUR +0.562 %
JPY/EUR +0.514 %
GBP/AUD +0.826 %
JPY/AUD +0.779 %

USD GBP CAD EUR AUD
1 1.4676 0.812895 1.3273 0.713796
0.681383 1 0.553893 0.904399 0.486368 1.23017
1.8054 1 1.6328 0.87809 0.753409
1.1057 0.612442 1 0.53778
1.40096 2.05605 1.13883 1.85949 1


1 Thursday, April 9, 2009


1 USD in USD
Argentine Peso 3.71714 0.269024
Australian Dollar 1.40096 0.713796
Botswana Pula 7.49625 0.1334
Brazilian Real 2.1882 0.456997
British Pound 0.681383 1.4676
Brunei dollar 1.5142 0.660415
Bulgarian Lev 1.47352 0.678647
Canadian Dollar 1.23017 0.812896
Chilean Peso 577.6 0.0017313
Chinese Yuan 6.8347 0.146312
Colombian Peso 2411.39 0.000414699
Croatian Kuna 5.57297 0.179438
Danish Krone 5.6132 0.178152
Estonian Kroon 11.7883 0.0848299
Euro 0.753409 1.3273
Hong Kong Dollar 7.75047 0.129024
Hungarian Forint 218.376 0.00457926
Iceland Krona 127.934 0.00781653
Indian Rupee 49.9849 0.020006
Iranian Rial 9952 0.000100482
Israeli New Shekel 4.13963 0.241567
Japanese Yen 100.241 0.00997596
Kazakhstani Tenge 151 0.00662252
Kuwaiti Dinar 0.29125 3.43348
Latvian Lat 0.534393 1.87128
Libyan Dinar 1.93237 0.517499
Lithuanian Litas 2.60137 0.384413
Malaysian Ringgit 3.60649 0.277278
Maltese Lira 3.09177 0.323439
Mauritius Rupee 33.3758 0.0299618
Mexican Peso 13.2525 0.0754575
Nepalese Rupee 80.3 0.0124533
New Zealand Dollar 1.72342 0.580242
Norwegian Kroner 6.62473 0.15095
Omani Rial 0.3845 2.60078
Pakistan Rupee 80.3272 0.0124491
Qatari Rial 3.64 0.274725
Romanian Leu 3.12439 0.320062
Russian Ruble 33.5299 0.0298241
Saudi Riyal 3.75 0.266667
Singapore Dollar 1.51518 0.659988
South African Rand 9.08099 0.11012
South Korean Won 1325.63 0.000754358
Sri Lanka Rupee 115.792 0.00863618
Swedish Krona 8.18127 0.12223
Swiss Franc 1.1497 0.869792
Taiwan Dollar .7662 0.0296154
Thai Baht 35.4449 0.0282128
Trinidad/Tobago Dollar 6.19899 0.161317
Turkish Lira 1.57463 0.63507
Venezuelan Bolivar 2.14731 0.465699
using values from Thursday, April 09, 2009

Gold Price

Price: $31.23 / Gram

1 Year Forecast: $35.92 / Gram

Gold Price 1 Year Forecast
10K $ 12.99 / Gram 0.04 $ 14.94 / Gram

14K $ 18.27 / Gram 0.05 $ 21.01 / Gram
18K $ 23.42 / Gram 0.07 $ 26.94 / Gram
22K $ 28.61 / Gram 0.08 $ 32.90 / Gram
24K $ 31.23 / Gram 0.09 $ 35.92 / Gram

Investing in Gold 2008/09/19

Lately, the instability of the American economy has made many investors nervous, and there's been a lot of speculation about buying gold as a safe alternative to a market that continues to tank. These days, there are many reasons for that nervous feeling.Devaluation of The Dollar. With taxes cut, and government spending for high ticket items, such as the war in Iraq, continuing to rise, new money gets printed as fast as the presses can roll it out. The US dollar continues to lose its value compared to the Euro, the Yen and the Canadian dollar, as evidenced by the growing number of international tourists coming to the States, taking advantage of the comparatively cheap prices.Fear of Bank Failures.

The Federal Deposit Insurance Corporation(FDIC)

is expecting many bank failures in the next few years,due to the imploding housing bubble throughout the country, where too many loans were made, using shaky interest rate mechanisms. The resulting credit

crunch will make it harder for people to take out loans, eliminating the biggest moneymaker for these banks. Rise in Energy Costs. The rise of the cost of a barrel of oil has had far reaching effects on the entire country, from costs of transportation, to costs for animal feed,

to heating bills. OPEC countries and Big Oil companies point blaming fingers at each other, with little result.With the threat of uncertain times ahead, gold takes on the glow of a stable commodity, which will always be able to buy goods

and services.In the newspapers, you'll see ads for companies that want to buy scrap gold, or are selling gold bullion from around the world.

It's true that for the past few years gold

has been increasing in value, and it probably will for the foreseeable future. However, the ads don't talk about the long periods of time where the market outperformed the price of gold.The graph below shows that investment in gold is mainly a hedge against inflation and unstable market losses, as opposed to gaining vast amounts of wealth. The green bar in the graph illustrates the relatively stable nature of gold investment, while stocks are subject to stressful highs and lows. On the other hand, stocks are very different from one another, as opposed to the uniformity of gold, and the allure of the stock market is that one might be able to pick and choose successful stocks that buck the market trends. Or you might have bought stocks at a low point, say in the mid-70s, and then rode the economic gravy train through the 80s and 90s. It's always easy to see what one should've done 20 or 30 years ago, but the next step into the future is full of uncertainty
How much an American investor wants to buy into the gold market depends on how long they think the American economy will be on a downward trend, and it's beyond my limited capabilities to predict very far into the future. New political administrations could strive to reverse many of these trends, but their rate of success may not be obvious for some time. One will always have to keep an eye on the overall market trends, to make sure they're not losing out on taking advantage of an upswing in the economy. In any case, keeping a diversified portfolio will still be a good rule of thumb, so no one should be thinking of keeping a gold hoard in their basement.
Ways to Buy Gold.Exchange-Traded Funds. Exchange-Traded Funds (ETF's) are investing conveyances that hold many companies under one umbrella which are connected by a specific investment commodity. So if you want to get into the gold field, but don't want to invest all of your golden eggs into one particular company, a gold commodity ETF would be a good alternative. With many ETFs, each share represents a certain percentage of an ounce of gold, while others specialize in gold futures.Buying stocks in Gold Mining Companies. Gold mining companies can be lucrative investments if they hit pay dirt. However, these companies are spread throughout the world, so any investor in particular companies have to deal with the uncertainty of companies outside the United States. There could be government interference, or outright appropriation, or foreign governments could dump their hoarded gold onto the market, which would reduce demand and price.Buying Coins. Buying bullion is appealing to many people, enjoying the feel and weight of real coins, but there are costs in dealing with the actual metal. One of these would be the broker fees involved in exchanging coins, not to mention storage, security and insurance expenses.Gold has been a safe place for investors for a long time, and with economic uncertainty prevailing around the globe, it'll stay in demand. Investors wanting to get out of the volatile stock market lately have driven the price of gold upwards. Whether this upward trend will continue or stall is uncertain, so any venture has a risk involved. As with any investment, keep a sharp eye on your money.
Away from gold then back to goldHow world currencies re-tie the knot with gold by Steve Austin - 2007/06/06Up until 40 years ago all world currencies were pegged to the gold standard. It means anyone could take his money to a bank and come out with gold. As a consequence a country's central bank could only print money to the extent it had enough gold in reserve to back it up. But this all changed in 1971 when paper-money was deemed as trustworthy

NYSE (by volume)

NYSE (by volume) Apr 3 4:04pm ET † Price Change

Bank Of America Corp... 7.60 +0.36

SPDR S&P 500 ETF 84.26 +0.83

Citigroup I nc 2.85 +0.11

Direxion Financial B... 7.20 +0.78

Financial Select Sec... 9.69 +0.38

Wells Fargo & Co 16.34 +1.01

General Electric Co 10.94 +0.20

Ford Motor Company 3.25 +0.34

Kimco Realty Corpora... 9.40 +1.91

ProShares Ultra Fina... 3.09 +0.24

Direxion Financial B... 15.60 -2.12

American Internation... 1.14 0.00
JPMorgan Chase & Co 29.28 +1.12
iShares MSCI Emergin... 27.35 +0.33
ProShares Ultra S&P5... 22.12 +0.46
Las Vegas Sands Corp 4.48 +0.08
iShares Dow Jones U.... 29.31 +2.41
iShares MSCI Japan I... 8.35 -0.07
Pfizer Inc 13.55 .22
Morgan Stanley 24.06 +0.95

NASDAQ (by volume)
Apr 3 4:00pm ET †
Price Change
PowerShares QQQ 32.35 +0.59
Microsoft Corporation 18.75 -0.54
Research in Motion L... 59.29 +10.20
Cisco Systems Inc 18.16 +0.02
Intel Corporation 15.95 +0.25
Dell Inc 10.32 +0.82
Oracle Corporation 19.29 +0.47
Fifth Third Bancorp 3.28 +0.11
Sun Microsystems Inc 8.49 +0.28
Sirius Xm Radio Inc 0.35 -0.01
NVIDIA Corp 11.32 +0.74
Comcast Corp New 14.50 -0.07 Dendreon Corporation 5.99 +1.65
Apple Inc 115.99 +3.28
Applied Materials Inc 11.81 +0.37
Cell Therapeutics Inc 0.39 +0.05
Dryships Inc 5.25 -0.09
Amylin Pharmaceutica... 9.68 -0.64
Marvell Technology G... 10.06 +0.19
eBay Inc 14.31 +0.71

AMEX (by volume)
Apr 3 4:01pm ET †
Price Change
Eldorado Gold Corporation 8.18 -0.77
Sapphire Industrials Corp 9.52 -0.01
Northgate Minerals C... 1.30 -0.11
Golden Star Resource... 1.41 -0.18
Canargo Energy Corp 0.04 -0.00
Adventrx Pharmaceuti... 0.13 0.00
Franklin Street Prop... 13.24 +0.77
Oilsands Quest Inc 0.85 +0.04
Hicks Acquisition Co... 9.40 0.00
NovaGold Resources Inc 2.92 -0.08
Global Consumer Acqs... 9.44 -0.03
Global Brands Acquis... 9.54 +0.02
Taseko Mines Limited 1.46 +0.05
New Gold Inc. 1.93 -0.04
Endeavour Internatio... 1.50 +0.10
Ghl Acquisition Corp 9.44 +0.05
Triplecrown Acquisit... 9.38 -0.01
On2 Technologies Inc 0.36 -0.02
Kodiak Oil & Gas Corp 0.39 -0.02
New Dragon Asia Corp 0.17 0.00

U.S Markets

Latest Report On U.S Markets

AFTER HOURS TRADING

AFTER HOURS TRADING RESULT

US Futures & Markets Indicators


Financial Selec... 9.14 -0.01
SPDR S&P 500 ETF 81.77 +0.12
Alcoa Inc 7.59 -0.20
Philip Morris I... 36.98 0.00
iShares MSCI Em... 26.00 -0.39
Altria Group Inc 16.29 0.00
Micron Technolo... 4.26 -0.05
Bank Of America... 7.25 -0.11
Direxion Financ... 6.16 +0.05
Citigroup Inc 2.75 -0.01


NASDAQ (by volume)
Apr 7 5:43pm ET †
Price Change
PowerShares QQQ 31.57 +0.15 Juniper Networks Inc 16.51 +0.89
Cisco Systems Inc 17.15 +0.30 Intel Corporation 15.42 -0.03
Microsoft Corpo... 18.81 +0.05 eBay Inc 13.59 0.00
Spansion Inc 0.23 +0.10 QUALCOMM Inc 39.36 0.00
Oracle Corporation 18.54 0.00 Bed Bath & Beyo... 29.09 +3.58

Widely Held (by volume) Apr 7 5:44pm ET †
Price Change
Cisco Systems 17.15 +0.30 Intel 15.42 -0.03
Microsoft Corp 18.81 +0.05 Citigroup 2.75 -0.01
Exxon Mobil 68.70 -0.01 General Electric 10.67 +0.02
Wal-Mart Stores 52.72 +0.33 Johnson & Johnson 51.50 +0.14
Comcast Corp 14.04 0.00 Merck & Co 26.27 +0.02

NYSE Composite Index New

NYSE Composite Index New 5,120.67 -128.81 / -2.45%
Apr 7 5:06pm ET †
Open: 5,249.48
High (day): 5,249.48
Low (day): 5,116.41
YTD%Change: -11.05%
Volume: n/a
Prev. Close: 5,249.48
52-Week Range ( Low - High )
4,181.75 - 9,687.24

US Markets

US Markets

Dow Jones Industrial Average 7,789.56 -186.29 / -2.34%
Apr 7 4:02pm ET †
Open: 7,968.92
High (day): 7,969.08
Low (day): 7,762.56
YTD%Change: -11.24%
Volume: 276,924,034.00
Prev. Close: 7,975.85
52-Week Range ( Low ------------ High )
6,469.95 ---- 13,136.69

Nasdaq Composite Index 1,561.61 -45.10 / -2.81%
Apr 7 5:15pm ET †
Open: 1,585.58
High (day): 1,588.00
Low (day): 1,559.46
YTD%Change: -0.98%
Volume: 1,736,837,627.00
Prev. Close: 1,606.71
52-Week Range ( Low --------- High )
1,265.62 ---- 2,551.47

S&P 500 Index 815.55 -19.93 / -2.39%
Apr 7 4:59pm ET †
Open: 834.12
High (day): 834.12
Low (day): 814.53
YTD%Change: -9.71%
Volume: n/a
Prev. Close: 835.48
52-Week Range ( Low ------- High )
666.79 - 1,440.24

US Market Closed Apr 4 4:40pm †

US Market Closed
NASDAQ 1621.87 19.24 1.2%
DJIA 8017.59 39.51 0.5%
S&P 842.5 8.12 0.97%

Apr 4 4:40pm †
Names Change %Change Levels
Dow -53.00 -0.66% 7,983.00
NASDAQ +14.75 +1.13% 1,316.25
S&P +5.10 +0.61% 840.60
DJ Wilshire5000 +98.55 +1.15% 8,599.34
Russell 2000 +5.94 +1.32% 456.13
Philadelphia Semiconductor +7.16 +2.94% 251.04
Dow Transports +30.73 +1.03% 2,978.32
Dow Utilities +2.83 +0.84% 337.31
NYSE Composite +51.65 +0.98% 5,318.75
AMEX Composite -15.79 -1.11% 1,403.41
Morningstar Index +22.92 +1.11% 2,068.19
*10yr Note +1.5500 +0.563% 2.907%
*NYMEX Crude Oil -0.13 -0.25% 52.51
Gold -11.60 -1.29% 897.30

New Visa Card

Access Bank Has Launched a New Visa Card

Access Bank has launched a Visa card to improve easy and convinient transaction by its customers. Head of Corporate Communications Austin Edoja said, “the product is a 21st century banking system and would benefit both individuals and corporate bodies. Corporate bodies will no longer experience cash difficulty when sending a staff on course.” The card is available in different shape and capacity. If you want to take classic card you have to pay from $500 to $5000, the rate of gold card is from $5001 to $10000, the platinum card if from $10001 to $15000. The new Visa card is accepted all over the world and contains a number of features like about 40days interest free rate. The product which is collaboration between the bank and the global owners of the visa brand gives all its card holders equal benefit.

Guidelines by NBPCA for Purchasing Branded

Gift Cards

According to a recent survey conducted by the Network Branded Prepaid Card Association, the sale of branded gift card are going be more than double this holiday season, because the average consumer is planning to buy three to four cards. There are some guidelines by NBPCA for purchasing branded gift cards: you can get the gift card at shops, online or many bank branches. Before purchasing a branded gift card, look at the card’s expiry date, any fees linked with the card and when those charges may apply. Important information should be written on the card itself. The recipient should be aware of terms and conditions as well, so it is recommend giving relevant information to the recipient so that he/she knows how to get full value from the card. The good part of branded gift cards is that it suits to everyone’s pocket. It keeps you out of the pressure to spend more and you don’t need to increase your budge. We all feel so happy when the expenses are done in the budget.

Be Ready To Make The Payment Of Your Credit Card
On Time

This holiday season you must be spending money blindly on gifts, vacations etc. without any tension because the credit card bill will come in January. Please do keep in your mind that card companies want you to make the payment on time and if you are not able to do it timely then be ready for the late fees and that can be as high as $39. Even if you are late just one time the annual percentage rate may rise to 30 percent or more. The credit card company may inform the late payment to the credit department and they will alert your other credit card issuers and they may raise their rates too even if you have made their payments on time. Curtis Arnold, founder of U.S. Citizens for Fair Credit Card Terms Inc said, “The late payment fee is really small potatoes, No one likes shelling out $39, but there are much bigger repercussions.”

Enjoy With New ANZ Balance Visa Credit Card

New ANZ Balance Visa credit card is presented by Australia and New Zealand Banking Group, with this card immediately after accumulating the required points customer can set up an automatic redemption so they can get the rewards selected by them. It’s customers are also allowed to design their own card. Director for consumer finance at ANZ, Jenny Fagg said “Our research found that customers want to reduce debt and be rewarded for payments to their credit card, but at the same time, they don’t want to miss out on a rewards program by choosing a card with a lower interest rate.” Jenny also said “ANZ Balance Visa is the only credit card of its kind in Australia ? indeed one of the first in the world ? and it further delivers on our strategy to provide customers with more convenient banking, based on products that are simple to understand and delivered in a responsible manner.” ANZ Balance Visa Card holders get an option to get their rewards from ANZ Balance Visa either by cashback or by getting shopping vouchers and gift cards.


A Malaysian Got Arrested For Using Forged Credit Cards

In India, New Delhi a Malaysian national got arrested for using forged credit cards, this man’s name is Tseng Weik, 37, lives in Kuala Lumpur, was trying to use forged credit cards of HSBC Bank, Standard Chartered and Citi Bank for shopping purposes. The police said they had seized a Malaysian passport and six forged credit cards of the banks from Weik. He had purportedly made purchases of Rs.11,000 from the forged cards. This Fraud worked as a salesman in a burger shop in Kuala Lumpur and had come to India. Deputy Commissioner of Police (south Delhi) Anil Shukla said “Weik was arrested after a shopkeeper in Greater Kailash alerted us about a forged credit card that he was using at his shop for purchasing a wrist-watch.”

Two Men Got Arrested For stealing Credit Cards, Laptops and Many More


In West Covina, city police officials arrested two valley residents, one is 44-year-old man from Glendora and the other one is 33-year-old from Temple City for allegedly carrying narcotics for distribution and possession of stolen credit cards in the parking lot of Westfield Shoppingtown. At the time of tour of duty mounted police officers saw some men taking a radio from a truck dashboard, the officers immediately rushed to know what is going on. Police Lt. Dan Brooks said when they searched the vehicle, they found 24 grams of methamphetamine and 15 credit cards listed in other people’s names, there were also two laptop computers of undetermined origin found, along with fake identification. Both men got arrested and charged on suspicion of possession of methamphetamine for sale and possession of stolen property.

Wall Street's advance faces a big test in the week ahead. On tap: Fed meeting, quarterly results, economic news, Chrysler.

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GM U.S. sales drop 45 percent, sees signs of bottom

GM U.S. sales drop 45 percent, sees signs of bottom

General Motors Corp (GM.N) on Wednesday reported a 45 percent decline in auto sales for March in the U.S. market, but the drop was broadly within expectations for the struggling automaker.
GM executives, echoing comments from other major automakers, said there were some signs that industry-wide auto sales were starting to stabilize after a brutal decline over the past year and a half.
Shares of GM, which had been down as much as 19 percent in earlier trading on Wednesday, erased most of their losses.Shares of the automaker, which could face bankruptcy by June as it operates under federal oversight, were down 3 percent in afternoon trade.
In March, the White House-appointed autos panel was weighing the fate of GM and its smaller rival Chrysler LLC.
The panel, which is headed by former investment banker Steve Rattner, on Monday gave GM 60 days to reach cost-saving deals with its bondholders and its major union and threatened that it could be pushed into bankruptcy.But President Barack Obama also repeated his support for preserving the U.S. auto industry and his administration offered to backstop the warranties offered by GM and Chrysler.

GM executives said industry-wide sales closed the month on a strong note and seemed to move higher for all of the major automakers after Obama's televised remarks on the auto industry on Monday."He may have given the whole industry a lift," GM sales analyst Mike DiGiovanni told reporters and analysts. "Obama may have reassured consumers in general."
GM's sales were up from February and DiGiovanni said there were other economic indicators that suggested the U.S. auto market was starting to stabilize after 17 consecutive months of year-on-year sales declines.
Although unemployment continues to rise and home prices are still falling, the decline in mortgage rates and recent rally in stocks point toward a pickup in auto sales, he said.
GM joined rivals Ford Motor Co (F.N) and Hyundai Motor Co (005380.KS) in offering incentive programs for April that will cover some car payments for buyers who lose their jobs.
"Hopefully, we're bouncing around the bottom here," DiGiovanni said.
GM sold 155,334 cars and light trucks in March compared with 280,713 units a year earlier

Celendar Of The Markets

Celendar Of The Markets

S&P 500811.0813.21 1.66%
Russell 2000429.166.41 1.52%
NASDAQ 1001252.5115.5 1.25%
NASDAQ 100 PMI1220.83-16.18 1.31%
NASDAQ 100 AHI1253.130.62 0.05%
Related Quotes
C 2.68 +0.15
GM 1.93 -0.01
JPM 28.14 +1.56

NSEC·Stock News
National Security Group, Inc. $ 10.85 3.71 51.96% 13,700
FCFC Stock News
FirstCity Financial Corporation $ 2.55 0.70 37.84% 252,045
CASB Stock News
Cascade Financial Corp. $ 3.19 0.69 27.60% 37,094
ONTY Stock News
Oncothyreon Inc . $ 2.39 0.50 26.46% 283,808
DEAR Stock News
Dearborn Bancorp, Inc. $ 2.29 0.47 25.82% 15,851

NEW YORK – Wall Street opened the second quarter with solid gains, extending a four-week rally that brought the market off its lowest levels in 12 years.
After falling in the early going Wednesday on disappointing jobs data, the Dow Jones industrials closed up 153 points on economic data that showed a rebound in pending home sales and improving manufacturing activity. Major indexes all rose at least 1.5 percent.
The reports continued a run of positive economic news in recent weeks that has led many investors to wager that the recession is beginning to ease. Further signs of improvement in housing were especially positive for banks struggling with bad mortgage debt.
Technology and energy shares also carved out advances. As sentiment about the economy improves, investors have been buying up industries they believe are likely to lead the country out of recession.

Market Summary
Symbol=======Last============Change
Dow====== 7,761.60 +152.68 +2.01%
Nasdaq==== 1,551.60 +23.01 +1.51%
S&P 500==== 811.08 +13.21 +1.66%
10 Yr Bond(%) 2.6580% -0.0270


Important Legal Notice: Econoday has attempted to verify the information contained in this calendar. However, any aspect of such info may change without notice. Econoday does not provide investment advice, and does not represent that any of the information or related analysis is accurate or complete at any time. Legal Notices © 1998-2009 Econoday, Inc. All Rights Reserved. Actual Data Source: Haver Analytics Consensus Data Sources: Market News International & ForexChangenews.blogspot.com