Since the early days of the Eurozone debt crisis, insiders have identified China and its $3.2 trillion in foreign reserves as a potential contributor...
China to Play the Eurozone’s White Knight?
Source: feedproxy.google.com
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Someone light a fire under this market
Market is dead today. I actually had time to shave this morning during New York open. Can someone please interview a major economist or banker to get my dollar...
EU to cut deficits in 2011 if rebound allows
If the economic recovery that is just underway is sufficiently strong, EU finance ministers have vowed to ut budget deficits beginning in 2011, according to a draft from the Eurogroup shows. They will base the budget cuts on an EC economic forecast report due on November 4 as the basis for the...
FOREX VIDEO - Pre London Outlook September 1st 2009
Hi everyone, happy to be back after the London holiday. For this outlook video I analyze the Euro Pound extensively not necessarily to trade it but to use this pair as a strong proxy for Pound related relative strength. Nothing particularly complicated, simply using Euro Pound technical’s to...
Forex Carry Trade Correlation to CRB Index at Record Highs
The Forex Carry Trade correlation to the Reuters CRB Commodities index is now at its highest in at least 10 years, and it seems that recent recoveries in ... See all stories on this...
Blackrock agrees to acquire BGI
The deal for Blackrock to acquire Barclays Global Investors including the important ishares business is officially done, according to reports on Reuters newswires. It is possible that this will have some ramifications for the pound, now that the deal is actually signed off on, but with global...