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Will the EU push US down?

Posted in Global Report

The European Union is fighting for the survival and integrity of the Euro. Even during the last round of economic support for Greece, everyone was aware that several dark clouds hovered on the Eurozone horizon. Ireland, Portugal, Italy and Spain have been all but drained and Ireland is frist out in receiving massive economic support. [...]

Is a weak dollar beneficial to global recovery?

Posted in Global Report

The markets have been doing well since this summer and we can certainly call this past phase as “recovery”. But with Dow Jones inching towards highest YTD levels and global markets sharing a similar positive graph, we should perhaps ditch the idea of recovery (as in repair) and focus on growth. The Dow still has [...]

Stronger Yuan to boost commodities and hurt imports

Posted in Global Report

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 PeopleĀ“s Bank of China [...]