Archive for the ‘Global Report’ Category:
Stronger Yuan to boost commodities and hurt imports
The decision from China to allow their currency more flexibility is positive on a global and macro-economical scale since it brings the Yuan “into the game”.
“In view of the recent economic situation and financial market developments at home and abroad, and the balance of payments (BOP) situation in China, the People´s Bank of China [...]
World Economy – Ready for the Big Bang?
Asia and Europe continue to loose ground as the Euro zone economic troubles spread. Even Scandinavia is starting to unroll the red flags as Swedish finance minister Anders Borg declared that the effects of the Greek scandal are now being felt. On top of this, the speed at which the European community and IMF are [...]
Rebound on Asia lead and easing Goldman concerns
Asian stocks closed above the fold on Tuesday after the Monday dip on contnued concerns of ned Bank scrutiny measures triggered by the fraud accusations on Goldman Sachs.
The improved sentiment also reflects a slight improvement with the Greek situation and a ever so slightly European relief from the Iceland volcano ash cloud that is having [...]
EU will not help Greece
The European Union has decided to not support Greece at this moment. The Eu will monitor Greek developments and has declared itself to be prepared to move in assets.
This will probably have a positive effect on the Dow together with positive Asian stock markets and a positive day in European markets also.
