Browse posts tag by Banks

Thailand’s Assets Moving Forex Market

How can strengthening Thai assets affect the Forex market? Asian currencies have experienced an enormous boost, ever since Donald Trump was elected as the newest President of the United States, including the Thai Baht. Today’s highly volatile financials world makes it seem as though anything could happen this year. The thought of investors flocking to Thai assets isn’t as far-fetched as it may first appear. One Bank of Thailand governor believes it’s happening, that many foreign

U.S. Daily Market Review

The Dow Jones started the session at record high levels as stocks and futures are further benefiting from Donald Trump’s election victory. Dow Jones registered the biggest gain since December 2011 and jumped to 18,918.68 on opening before slipping back. Financial stocks helped the rally, with Goldman Sachs and JP Morgan among the biggest gainers. The broader S&P 500 index added 2.16 points to 2,166.61. Shares in automotive electronics-maker Harman International Industries jumped by a quarter

Deutsche Bank V Forex Billionaire

A real lesson learned from a Forex billionaire, Deutsche Bank V Billionaire Forex Investor With $300 Million Lawsuit. The investor’s fund incurred massive losses in the foreign exchange markets and faced imminent margin calls. Billionaire Forex investor Alexander Vik was served a fresh lawsuit after being let off the hook by a New York judge on 9 March. The court ruled that Deutsche Bank AG did not adequately serve him a suit of an over $300

Why High-Interest Savings Accounts?

Perhaps the main reason anyone opens a bank account is to save money. Every savings accounts will yield you, the account holder, some form of interest on the amount you deposit into the account. The amount of interest depends on the rate of interest that particular financial institution provides.  Why do high-interest savings accounts seem more attractive? Some accounts provide a higher interest rate, which means better or more savings. Especially, in an economy where inflation