Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Wednesday, September 19, 2012

Currency: yen and yuan in trampolining

At Wednesday's currency market it was especially Asian currencies, which attracted attention. Both the Chinese yuan and the Japanese yen gave it as a spring gymnasts against the dollar and the two currencies internal balance of power could clearly be read in the Japanese central bank support programs.

Monday, September 17, 2012

Stocks: Profit taking in New York

The U.S. investors followed the trend in Europe and took some of their winnings home after days of sharp rises. The leading index seeped through the day and was in the red by market close.

Monday, September 10, 2012

Europe: Marginal fluctuations without actual trend

The European stock markets closed Monday with marginal losses. Investors were unsure of the direction of the market should, and risk appetite was again up for debate.

The weekend's weak economic data from China and Japan suggest a slowdown in global growth, and new initiatives from the Chinese authorities can become a reality, just as the Federal Reserve, monetary policy meeting Thursday may result in additional quantitative easing to increase growth and specifically employment.