Commentaries

Israel’s central bank first to tighten

August 24, 2009

So much for waiting for the jet lag to wear off.  Stanley Fischer, the Bank of Israel’s governor and listed as an attendee at this weekend’s Jackson Hole symposium in Wyoming, is first among central banker governors to push interest rates higher since July.

Goldman’s trading secret

July 22, 2009

LONDON, July 22 (Reuters) – Goldman Sachs last week reported record net revenues from trading and principal investments ($10.8 billion) during the three months ending June, with the major contribution coming from the fixed income, currencies and commodities segment ($6.8 billion).