A good summary of the past few days worldwide major financial market stories

Markets pulled their socks up last week, with global equities putting some distance between the November lows and Friday’s close. The FTSE 100 enjoyed a 13% weekly gain, while the Dow, S&P500 and Nasdaq are up 17.1%, 19.9% and 18.3% from the November lows respectively. The week started well with traders liking what they saw [...]

It is clearly award season for BetOnMarkets.com with the addition of two Financial Times and Investors Chronicle Investment 08 Awards! During a recent black tie event in the Grosvenor House, London, hosted by the Financial Times and the Investors Chronicle, BetOnMarkets.com bagged the awards for Best Fixed-Odds Firm and Best Customer Communication. “The fact that [...]

NEW YORK, NY, November 05, 2008 — Gutenberg Communications, a global, strategic communications firm offering public and investor relations services, today announced it was selected as the public relations agency of record to represent BarterQuest, a consumer trading platform that supports the cashless exchange of goods, services and the use of real estate. BarterQuest is [...]

Last week US equities ended a volatile week with big rallies on Friday, but these only came after the benchmark S&P 500 index had plunged to levels not seen for over a decade on Thursday. Despite Friday’s 6%+ rallies on the Dow Jones and S&P 500, those markets still finished the week down 5.31% and [...]

World stock markets took another tumble last week with the major US indices penetrating the October lows intraday. The FTSE finished the week down around 4%, but it was UK plc that took a battering. The Pound fell to record lows against the European single currency, even breaking through the synthetic Euro/ Deutsche Mark lows [...]

Good news – BetOnMarkets.com is awarded for the “Best Fixed-Odds Financial Trading Provider” for the second consecutive year.

Last week the Bank of England hit the headlines with an unexpected 1.5% rate cut. The move was largely pre meditated as a shock tactic to boost the ailing UK economy ahead of the all important Christmas period. Spreading the cut over a number of months would have had much less of an impact as [...]

Last week global equities finally managed to finish the week with significant gains, but October was still a very poor month overall. Barry Ritholtz of The Big Picture highlighted just how volatile the last month has been. October was the worst month for the S&P 500 since the 1987 stock market crash, not only that, [...]

It could be argued that even with the wild gyrations of the past few months, many were still in denial about the state of the financial markets. Last week, fear was rife as traders, investors, and the man on the street could no longer deny the magnitude of the global sell off. Some commentators are [...]