Asian share markets were hoping for a relief rally on Tuesday as futures pointed to an opening bounce on the hard-hit Nikkei and central bank officials said ...
SYDNEY - Asian share markets were hoping for a relief rally on Tuesday as futures pointed to an opening bounce on the hard-hit Nikkei and central bank officials said all the right things to soothe market nerves.
However, he cautioned that the level of implied volatility for the Nikkei was at a stratospheric 70%, suggesting fireworks were likely for some time yet. The dollar pared its losses on the safe-haven Swiss franc, holding at 0.8526 francs from a low of 0.8430. Daly added that her mind was open to cutting interest rates as necessary and policy needed to be proactive.
In precious metals, gold failed to get a safe haven bid amid talk investors were taking profits to cover losses elsewhere. Spot gold stood at $2,409 an ounce after losing 1.52% overnight. Patrick Scales isn't happy with his Madden rating and he's finally speaking out about it in a hilarious PSA.While Cadillac designers and engineers create new vehicles in Detroit, Phillip Ashley Rix mixes exotic ingredients in his Memphis test kitchen.B.C. officials warn of dangers around Fraser, Chilcotin River banks as water tops dam
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