The total FDI in the first five months of the year was just over $34 billion, which is down 20.4% on the same period in 2008. The first four months saw a fall of 21% so there has been a slight improvement.
Foreign Direct Investment in China remains sluggish
Source: www.forexlive.com
Read more...
Forex Technical Analysis for 06/01—06/05 Week
EUR/USD trend: buy. GBP/USD trend: buy. USD/JPY trend: hold. EUR/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd...
Japanese investors flocking to dollars
Higher rates are luring Japanese investors back into US Treasuries and have been for several weeks. Prices tested downtrend resistance at 98.30 in the last hour and is consolidating now at 98.15. A break of trendline resistance turns the focus back toward the 99.50/70...
Brazil says IMF move not intended to weaken the dollar
Brazilian finance minister Mantega says his countries $10 bln contribution to the IMF is not intended to weaken the dollar. Maybe not, but that has been the effect thus far. The market is concerned that Brazil will dump $10 bln in Treasuries to buy bonds from the IMF. US 10-year notes are at 3.93%,...
Fed Says No QE3
The Federal Reserve does not expect QE3 right now, at least not until late...
First look at Step Two: single-market pattern recognition, multi-market money management require a separate optimization effort.
This is the first report on the multi-market trading system performance in the "isolated" mode. The "isolation" means that each market is being predicted independently of the rest, with no attempt to discover and learn inter-market patterns such as those we observed and reported. The...