Posts Tagged ‘asia’
Weak Dow opening on mixed global markets?
Last week limped along as per our expectations but seems to have surprised quite a lot of traders. Once again, we hover dangerously around the 10.000 mark with weak reports coming in somewhat under projected results. On Monday Asia continued backtracking while European markets a couple of hours into trading are treading water around the [...]
Market week: Dow slides back without surprise
Dow Jones started the week with strength but on a whole the movements have lacked substance. Mid-week found DJIa showing large gains but the week as a whole ended in the red. Is the Dow heading back under 10,000? Perhaps, but we suggest it is too early. The fall on Friday may have taken some [...]
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 [...]
