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Russian central bank makes surprise interest rate cut
MOSCOW (Reuters) - Russia`s central bank unexpectedly cut its main interest rate on Friday as fears of recession mount in the country following the fall in global oil prices and Western sanctions over the Ukraine crisis. The bank reduced its one-week minimum auction repo rate by two points to 15 percent, a little over a month after pushing it u...
What to Expect After the Swiss Currency Shock
Will the global economy remain global? Are we about to see the global economy fracture into smaller pieces as it was in the past? The latter possibility might sound outlandish at the moment, but it could become a reality at least to a certain extent. The key is to listen to the messages the markets are sending. Reading Between the Lines One c...
The 10 Worst Mistakes Beginner Traders Make
Traders generally buy and sell securities more frequently and hold positions for much shorter periods than investors. Such frequent trading and shorter holding periods can result in mistakes that can wipe out a new trader`s investing capital quickly. Here are the 10 worst mistakes made by beginner traders: Letting losses mount : One of the def...
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