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Sep 19, 11 •
8741 Views •
Market Commentaries •
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1 Comment
Germany’s ten biggest banks need €127 billion euros of additional capital the German newspaper Frankfurt Allgemeine Sonntagszeitung reported over the weekend, citing a study by economic research institute DIW. The paper quoted Dorothea Schaefer, a...
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Sep 19, 11 •
6235 Views •
Market Commentaries •
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Comments Off on Fuel for Thought
The United States is the world’s largest producer of ethanol fuel. The U.S. produced 50.0 billion litres of ethanol fuel in 2010. Ethanol fuel is mainly used in the U.S. as an oxygenate to gasoline. In 2009, from all the ethanol fuel consumed in the...
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Sep 15, 11 •
6627 Views •
Market Commentaries •
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Comments Off on The name's Bond, Eurobond
The European Commission President Jose Manuel Barroso has a plan and it’s backed by a string of high profile figures as a ‘rescue plan’ for the debt crisis Euroland and moreover the major European banks face. The plan is to issue...
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Sep 14, 11 •
6432 Views •
Market Commentaries •
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Comments Off on If the European Monetary Union collapses what happens next?
Amongst the many human characteristics many of us find unpleasant the penchant for saying “I told you so” must rank high. Listening to, or reading commentary from long term opponents of the European Union, who are now basking in their fifteen...
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Sep 14, 11 •
10762 Views •
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Comments Off on Kick it into the long grass, kick it further, then bury it
There were respected economists such as Nouriel Roubini who, as early as 2005-2006, spotted the dangers the shadow banking system were potentially causing the credit markets. When the cardiac arrest came in 2007-2008, perpetuated by Bear Sterns and ultimately...
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Sep 13, 11 •
8031 Views •
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Throughout the global financial maelstrom which has existed since 2007-2008 Australia has continually bucked the trend. Even the devastating series of floods experienced in Jan this year (2011) appeared to only temporarily knock the vast country from...
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Sep 13, 11 •
10103 Views •
Market Commentaries •
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3 Comments
The USA Congress estimates that the war waged in Afghanistan since ‘911’ has cost nearly $450 billion. That sum is equivalent to handing every Afghan man, woman and child $15,000. That sum is also 10 years of earnings for an average Afghan,...
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Sep 9, 11 •
6998 Views •
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Comments Off on You can fool some of the people some of the time, but you'll never fool the markets all of the time
Can someone “do the math” as President Obama urged Congress? How do you re create the ten million jobs lost in the USA since 2007 with $447 billion of dollars? How do you pull these rabbits out of hats whilst keeping the debt ceiling under the...
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Sep 8, 11 •
6218 Views •
Market Commentaries •
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Comments Off on The Market Giveth and the Market Take Away
Since the Swiss national bank ‘took out’ a series of trading pairs with their determination to in effect ‘peg’ the franc, the CHF pairs have been virtually untradeable. Even from a potential position trade perspective many currency...
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Sep 7, 11 •
12552 Views •
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The new or rather renewed phrase on every bodies lips after yesterday’s stunning bombshell, (delivered with precise laser guidance by the Swiss central bank), is “currency wars”. Previously this phrase had been reserved for the supposed...