Recent Posts Tagged With 'currencies'

• Wen Says Inflation Is a Concern, Defends Yuan Rate

  Posted on Monday December 28th, 2009 at 07:43 in currencies, china economy, inflation-deflation

  Chinese Premier Expresses Worry About Nation's Rising Property Prices, Sees Need for 'Balanced' Bank Lending (…) Speaking to the state-run Xinhua news agency on Sunday, Mr. Wen also flatly rejected foreign criticism of China's exchange-rate pol...

• McKinsey Global Survey Results (December 2009)

  Posted on Monday December 21st, 2009 at 10:06 in Economy, currencies, corporate profits

  As a tumultuous year draws to a close, executives are moderately hopeful about their nations’ economies and their companies’ prospects, according to a survey in the field during the second week of December. Just over half of executives continue t...

• Risks, Hedges and Opportunities

  Posted on Monday December 21st, 2009 at 07:20 in gold, currencies

  James Grant, editor of Grant's Interest Rate Observer, composed on December 5, 2009 in the Wall Street Journal the Requiem for the US dollar. A very good article but I disagree. He admits that there is no greater success story in the long history of ...

• US$: SPECULATORS RUNNING FOR COVER

  Posted on Saturday December 19th, 2009 at 07:36 in currencies

  U.S. economic data are firming up and numerous forecasters have admitted being surprised by the vigour of certain indicators. Speculators too are taking note. Using just-released data from the CFTC, we estimate that total net short positions on the U...

• DEBT ALARMS!

  Posted on Wednesday December 9th, 2009 at 07:36 in Interest rates, credit, bonds, currencies, financial crisis, fiscal stimulus

  Budget deficits and rising debt levels are beginning to make headlines. Rating agencies need to rebuild reputations and will be speaking and acting early and harshly. This will have many ripple effects and unnerve investors at a time when most financ...

• Risks, Hedges and Opportunities

  Posted on Monday December 7th, 2009 at 06:52 in gold, Interest rates, equities, currencies

  Bull markets need two ingredients - these are a plausible narrative and an abundance of cheap money. The 'narrative' or story is that the banking crisis has given cause to doubt the growth prospects of the OECD countries. These same countries have ...

• ASSET RECOVERY OR ASSET BUBBLE?

  Posted on Sunday December 6th, 2009 at 06:59 in gold, equities, commodities, currencies, deleveraging, inflation-deflation, tony boeckh comments

  Tony Boeckh writes: Inflation is non-existent and long bond yields are flat. The Fed has a green light. Emerging market asset prices will continue to be driven by U.S. monetary policy for the  foreseeable future. We are certainly in the ...

• SOMETHING HAS TO GIVE

  Posted on Sunday December 6th, 2009 at 06:36 in gold, Interest rates, bonds, equities, commodities, currencies

  Three commentators discuss the same phenomenon: OVER THE PAST DECADE, stock and bond prices have generally moved in opposite directions, meaning that share prices and bond yields have moved together, both higher and lower.(…) This important ...

• DUBAI AND FINANCIAL MARKETS

  Posted on Friday November 27th, 2009 at 06:51 in oil, Economy, equities, commodities, currencies

  Dennis Gartman sums up the Dubai situation quite well: THE YEN AND THE US DOLLAR  ARE SOARING AND PANIC IS IN THE AIR as the world is focusing again this morning on the news out of Dubai that Dubai World, the quasi-government controlled “inves...

• Yen intervention: maybe, maybe not

  Posted on Friday November 27th, 2009 at 06:38 in japan, currencies

  Via FT Alphaville Will they, or won’t they? First it was Japanese government bonds, now it’s the yen, which strengthened on Friday to a 14-year high against the dollar, climbing past Y85 amid speculation that Japan would intervene in markets.(�...

• Japan Spending Weak, Prices Fall, Yen Jitters

  Posted on Friday November 27th, 2009 at 06:25 in japan, currencies

  Japanese consumer spending sputtered and deflation remained entrenched in Japan last month, underscoring weakness in the economy as Tokyo grapples with a surge in the yen to 14-year highs that could hinder support from its export industries. Retai...

• MARC FABER’S GLOBAL INVESTING OUTLOOK

  Posted on Sunday November 22nd, 2009 at 07:30 in oil, gold, asia, investing, equities, commodities, currencies

  The Fed’s Misguided Monetary Policy The monetary policy being pursued by the Federal Reserve, which is aiming at boosting asset prices, actually leads to more economic and financial volatility. I’d also like to mention that the easy ...

• SOME THOUGHTS ON CREDIT … AND THE DOLLAR

  Posted on Thursday November 19th, 2009 at 11:04 in credit, bonds, currencies, corporate debt

  David Rosenberg has some interesting observations on the strange correlations recently observed in financial markets: Still bullish on credit spreads Baa spreads (Baa corporate yield minus U.S. 10-year Treasury note yield) have consolidated arou...

• THE NEW BUBBLE IS IN STIMULANTS

  Posted on Monday November 9th, 2009 at 07:04 in gold, Interest rates, currencies, financial crisis, inflation-deflation

  More bearish stuff on the US dollar from Gluskin Sheff’s David Rosenberg: So the U.S. economy is growing again. But how can it not be growing with all the dramatic stimulus? The question should be “why only 3.5%”? Now the U.S. government...