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 [...]

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Historic milestone Dow under 10000 again

Posted in After the Bell

The Dow ended the week under 10000 again for the third time. The Dow live stats might not be a 100% accurate reflection of global economic trends, but the indication is very strong in reeinforcing our assesement that financial optimism is premature and not accurate.
Monday might be up but what Friday the 4:th of June [...]

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Forex Live TV points to double dip risk

After the Dow dropping sharply last week the main forex recommendation is to stay short term as on the currency market this week as there are too many question marks floating around. The Banking Market is of course affected by the political scene and this in turn may affect the currency trades. The outlook is [...]

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Mark Zandi warnings about 2010

Posted in Forecasting

Dow Live Update: Mark Zandi says the housing crash is not over. Yeah. So? Mark Zandi may be a Moody Man but the message is based on hard numbers and evident trends. Home prices actually picked up a bit during this summer, but that was a result of fewer foreclosures as the Home Affordable Modification [...]

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