Online Trading @ eTradersZone

OVERVIEW – Although our core view is net bearish on the region, we do see the risk for some shorter-term outperformance in both the SEK and NOK, with the broad based USD buying and global equity selling looking overdone at this point.
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Citigroup Inc plans to sell or spin-off its $10 billion Citi Private Equity unit in order to cut its debt, Bloomberg reported on Sunday, citing people familiar with the matter.
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The government’s response to the financial meltdown has made it more likely the United States will face a deeper crisis in the future, an independent watchdog at the Treasury Department warned.
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Trimming budget deficits is as important as creating jobs to sustain the economic recovery, President Barack Obama said Saturday.
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Federal regulators have cleared Toyota’s plan to fix millions of sticky gas pedals, and dealers could get parts to make the repairs as early as Thursday or Friday, people briefed on the matter said Saturday.
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