http://www.foremostforex.com Just another WordPress weblog Mon, 19 Jul 2010 21:58:49 +0000 http://backend.userland.com/rss092 en Key News • Shanghai overtook Tokyo as Asia’s biggest stock market by trading value last year, as an 80 percent jump in China’s benchmark index boosted equities demand. (Bloomberg) • [Japan]: Orders from non-manufactures dropped 10.6 percent to 380.7 billion yen ($4.15 billion), the lowest since May 1987, the Cabinet Office said today in ... http://www.foremostforex.com/articles/currency-currents/2010-01-14/ Key News • BEIJING, Jan 12 (Reuters) - China took its strongest step towards tightening monetary policy on Tuesday as the world's third-largest economy roars ahead, surprising investors with an increase in banks' required reserves that rocked global financial markets. • Greece condemned for falsifying data (Financial Times) • Insight: Lift rates and think about ... http://www.foremostforex.com/articles/currency-currents/2010-01-13/ Key News • China raised the proportion of deposits that banks must set aside as reserves. (Bloomberg) • Carlyle Group unveiled plans to work with city authorities in Beijing to establish a renminbi fund that will enable it to make local currency investments across China.(FT) • An International Monetary Fund (IMF) stand-by deal with Turkey would ... http://www.foremostforex.com/articles/currency-currents/2009-01-12/ Quotable “God bless us every one!" said Tiny Tim, the last of all.” Charles Dickens FX Trading – Twelve Themes of Christmas (guesses, wishes, and concerns) 1) The dollar has bottomed on a multi-year basis after a major test in 2009. 2) Interest rates are going higher as this recovery “normalizes” ... http://www.foremostforex.com/articles/currency-currents/2009-12-24/ Key News • U.K. Economy Shrank 0.2% in Third Quarter, Less Than Previously Estimated (Bloomberg) • Brazil Has No Reason to Keep Increasing Currency Reserves, Freitas Says (Bloomberg) Quotable “Investment in fixed assets such as factories and the rail network accounted for more than 95 percent of China’s 7.7 percent growth in the first three ... http://www.foremostforex.com/articles/currency-currents/2009-12-22/ Key News • The European Central Bank won't bail out debt-stricken member states such as Greece, which must repair its public finances on its own, ECB governing council member Ewald Nowotny said. (WSJ) • The rand declined to a six-week low on speculation the interest-rate appeal of holding South African assets may diminish ... http://www.foremostforex.com/articles/currency-currents/2009-12-21/ Key News • Emerging-market equity fund inflows slowed in the week to Dec. 16, with 2010 poised to be a more “testing year” amid waning stimulus measures worldwide, according to EPFR Global. (Bloomberg) Emerging Stock Index Daily: Quotable “Each thing is of like form from everlasting and comes round again in its cycle.” Marcus ... http://www.foremostforex.com/articles/currency-currents/2009-12-18/ Key News • U.K. November Retail Sales Unexpectedly Fall 0.3% in First Drop Since May (Bloomberg) • Greenspan Says S&P 500 Rally Cuts Stimulus Needs as Household Wealth Rises (Bloomberg) • Oil and inflation (Financial Times) • “Greece – A Line in the Sand?” (Naked Capitalism) Editor’s note: another’s quick perspective to complement what we’ve been saying regarding ... http://www.foremostforex.com/articles/currency-currents/2009-12-17/ Key News • Global Confidence Holds Near Record as Economic Recovery Gains Momentum (Bloomberg) • Dollar Investors Turn Bullish for First Time Since March as Economy Grows (Bloomberg) • Dovish RBA hits Australian dollar (Financial Times) Quotable “People such as George Soros and Michael Moore certainly talk a good game, but the next Mother Teresa they are ... http://www.foremostforex.com/articles/currency-currents/2009-12-16/ Key News • Banks have ‘responsibility’ to spur recovery (Financial Times) Editor’s Comment: Well of course they do, seeing that the taxpayer apparently had the ‘responsibility’ to bail them out. [Sarcasm Alert] Can’t we all just do what the government tells us? Things would be so much better off that way. • Traders ... http://www.foremostforex.com/articles/currency-currents/2009-12-15/