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Betonmarkets.com - Mike Wright Company News Section

Mike Wright Information

Mike Wright

Phone: 448003762737
URL: http://www.betonmarkets.com

Regent Markets (IOM) Limited
3rd Floor, 1-5 Church Street,
Douglas, Isle of Man IM1 2AG,
British Isles.

Mike Wright Press Release -

Betonmarkets.com

05 APR	At The Gate Of Recession - Betonmarkets.com
	High yield spreads remain stubbornly high despite dramatic interventions from UK and US central banks. Banks are hording cash due to mistrust and fear over who will make the next big write down. Nationwide, the UK’s largest building society, put up the rates on some mortgages despite there being a reasonable probability of a rate cut on the 10th of April...

28 MAR	Betonmarkets.com Weekly Review
	Just when you think a trend has been established, the market throws you a wrench and totally changes the whole picture. Before the markets even opened, the Bear Stearns saga hit its highest note, with JP Morgan offering $2 per share for Bear Stearns, and the latter accepting, mainly because the only other option was Bankruptcy.

26 DEC	A Little Hope For The Festive Season After A Turbulent Storm
	Tricky would be a choice world to describe global equity throughout the second half of this year. Stock markets and economies appear to be balancing on a knife edge with the chances of a global recession as high as 50/50 according to some analysts.

17 NOV	Bull Markets Climb A Wall Of Fear
	After the party comes the hangover, and of course the bigger the party, the bigger the hangover. Over the last few years, financial companies have been gorging themselves on 'foolproof' credit trades, based on sub prime debt. Now the party is over and companies are having to face up to their antics in the cold light of day, says BetOnMarkets.com's Michael Wright.

14 NOV	Pound Sterling Plunges Against The Yen
	For once it wasn’t just the Dollar that took a beating last Friday as the British pound fell sharply against the Yen, Euro, Swiss Franc and even the Greenback itself. The fall was all the more telling given the general mauling the dollar took last week against a whole host of currencies. Before Friday’s pullback the Dollar hit a 26 year low against Sterling.

19 SEP	Credit Crunch Craze
	Last week the credit crunch continued to dominate headlines with banks and housing stocks being hit the hardest.

17 SEP	Dollar Dives Low Against Euro
	Last week the Euro hit an all time high against the US dollar after speculation intensified that the FOMC (US equivalent of the bank of England) will cut rates to ease the credit crunch which has plagued the equity markets and lending institution world wide. The USD also lost against other currencies, slipping against both the pound and the yen...