Reform must begin with the dual exchange rate and the liberalising of foreign exchange controls, says the country’s central bank director
Currency tops Myanmar’s economic agenda
Source: www.ft.com
Read more...
Shuttle Discovery & Aboitiz Equity Ventures Lifted Off For Space
While Space Shuttle Discovery made its last voyage to to space just a couple of days ago, another launch occurred this morning in the...
US Bond markets very jittery ahead of NFP’s
The sell-off in 10 year US Treasury futures is intensifying pushing yield up above 3.75 and to their highest level since November of last year. The ongoing deficit worries continue to loom large over the bond markets. This has helped Usd/Jpy fill all the selling interest at 96.85/90 and move on to...
Weber: ECB to absorb excess liquidity as quickly as possible
No surprise here: the president of the Bundesbank says that the ECB will absorb the excess liquidity it has created quickly, saying the measures that bank used allow for easy reversal. He does see some signs that the intensity of the downturn is subsiding though the crisis will put strain on global...
FOREX VIDEO - New York Session Review - Sept 1, 2009
Risk aversion had been the primary theme in global financial markets during today’s London session. An attempt by bulls to wrest control from the bears after the release of better than expected US news proved futile during the New York session. Traders who waited patiently for the post-news...
Wednesday 2/1 Insider Buying Report: D, CLFD
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a...