Archive for September, 2008

AUD/JPY Short-Term Technical Outlook (Daily FX)

After bouncing around 88.50 last week, the AUDJPY has come under heavy selling pressures to break below 85.00.
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Starbucks and Suntory to Introduce Starbucks Doubleshot(R) Espresso Drinks in Japan (Business Wire)

TOKYO—-Starbucks Coffee Company and Suntory, Ltd. today announced plans to launch Starbucks Doubleshot® Espresso Doppio and Starbucks Doubleshot® Espresso Con Panna in convenience stores across central Japan on October 21, 2008.
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US ISM Manufacturing on Tap - Will the Dollar Give Back? (Daily FX)

The ISM manufacturing index is expected to fall to 49.5 from 49.9 in August, and may weigh on the U.S. dollar as the growth outlook for the world?s largest economy turns bleak.
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Greenberg seeks chance to bid on AIG assets (Reuters)

Maurice Greenberg, former chief executive of American International Group , has asked the company’s current chief executive Edward Liddy for the chance to bid on AIG assets as the company seeks to repay an emergency loan from the federal government.
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Bottom Fishing With the Bears

A famous quote attributed to Baron Rothchilds encourages us that “the time to buy is when there is blood in the streets.” It is somewhat dramatic but it does get your attention. Reading and listening to the latest financial news one would have to conclude that there is “blood in the streets”, at least figuratively […]

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