The global recession will end in 2010 - the International Monetary Fund stated on Wednesday. Driven by a financial system recovery in the U.S. and Japan, the economy should rebound next year. But still, 2009 will remain a year of

Do you think this is only a coincidence? First, COPsync announces that one of its channel partners, Ki Corporation has secured a contract with the Lubbock County, Texas Sheriff's Office to install COPsync's information sharing solution in the Lubbock County

Teen-oriented retailer Hot Topic, Inc. ( NASDAQ : HOTT ) has lowered its second quarter guidance after reporting that same-store-sales for June fell 2.9 %; amounting to a 7.9 % fall in sales, which is lower than both its and

Recently, ESP Resources has given away $60,000 to three different parties for stock promotion. The three parties include 24-7 Stock Alert, Penny Stock Explosions, and Dubai Penny Stock, each of which was paid $20,000. Let's look more deeply at the

A private equity firm, Symphony Technology Group, has partnered with a private investment firm, Elliot Management Corp, to enter into a definitive agreement to buy MSC Software Corp. ( NASDAQ : MSCS ) for the price of $360 million. The

Risk aversion trading accelerated overnight with the JPY the outright winner, posting significant gains against the USD (+3.2%) to register the lowest level since mid-February for USDJPY. Most of the fallout came from aggressive JPY cross liquidation with the AUDJPY

Sterling will definitely be in focus today as Bank of England announces rates at 13.00 CET. Anything but an unchanged base rate at 0.5% would be a huge surprise, but markets are probably more interested in what the Bank might

In currencies, the greenback and Japanese Yen have pared some of their recent broad-based gains, falling modestly against European and commodity majors. EUR/USD rose above 1.39, GBP/USD tested the upside of 1.61, and USD/CHF traded down to low 1.0880's. In

After a strong performance in late Europe, the Dollar has weakened overnight. EURUSD rose to a high of 1.3940 so far after closing the day at 1.3860 in New York. Cable, which was temporarily trading well underneath of the psychological

Today's session saw the Yen slip off of its massive NY session gains that were sparked by traders seeking a safe haven in a risk adverse climate brought on by concerns over global growth. After peaking mid day in NY

Investor caution ahead of the earnings season triggered some temporary yen buying panic. USD/JPY dropped below the key 93.55 range bottom. The G8 didn't make any high profile comments on the dollar. Gyrations on the stock markets continue to be

The dollar continued to gain overnight against its major counterparts, with EUR/USD trading below important 1.39 and GBP/USD finding it hard to gain above 1.61, after new regulations and plans were introduced yesterday by Alistair Darling, concerning the banks and

In Currencies: The USD and JPY currencies saw a larger portion of their Wednesday gains retrace during the European morning. The price action was mirrored by higher energy and metal prices. The EUR/USD was inching back towards the 1.40 neighborhood

A reversal of yesterday's rush into safe haven currencies has been the predominate theme of the session. News of a 48% rise in Chinese car sales in June and the release this morning of better than expected May trade data

The last few day have seen some big move in the risk assets on no particular news or events. Just the general impression that the global recovery will take a bit longer to fully entrench itself. The lack of hard

The Pound extended its losing streak on Wednesday against the greenback after weak UK manufacturing output data the previous day further undermined optimism that the economy may be recovering. Disregarding figures on Wednesday showing a rise in British consumer confidence,

Alcoa Inc. announced its Q2 results in the aftermarket and they were better than anticipated by the analysts. EPS came out at -0.26 vs. -0.38 expected and -0.54 in Q1. Equities stand to gain as the results will most likely

As companies continue laying off their employers, the unemployment rate in Australia reached its highest in 6 years rising to 5.8% in June after reaching to 5.7% in May, however better than the expected 5.9% proving that the deterioration of

UK monetary policy issues will dominate today. It is not just about interest rates, where no change is expected in the bank rate of 0.5% but rather in the non interest rate monetary instrument being used. This refers to quantitative

Overall, the dollar index saw a day of strong declines on Thursday, in which it lost approximately 60 ticks, or 0.70%. The dollar was sent lower from the first few minutes of trading, around the Asian open. During the European