Forex Market Commentaries From FXCC – Daily Commentaries on the biggest stories from the world of Forex Trading & Currency Exchange.
Last week, the Irish Prime Minister announced that Ireland would be holding a vote on the European Union’s Financial Pact before the year’s end. The news came as a surprise in both Dublin and Brussels. The news was issued by the Irish Prime Minister, Edna Kenny, without warning. Enda Kenny’s party had been objecting saying
Ireland Takes The EU To A Vote Read More »
The Organization of the Petroleum Exporting Nations ‘ is forecasting a flat market for oil due to slow growth in emerging nations. OPEC s’ latest monthly outlook projects world oil demand to increase by 900,000 barrels a day unvaried from its prior report. In its prediction issued today , OPEC determined “the low rate of
OPEC’s Oil Consumption And Demand Forecast Read More »
The most recent inflation report carried confused signals: a reasonable rate of inflation for the moment, but ill-omened evidence of pressure from oil costs. The U.S. Bureau of Labor Statistics claimed that inflation for the month of Jan was 0.2 %. There are bad and good sides to this: 0.2 % is a reasonably moderate
Is Inflation Sneaking In The Back Door? Read More »
Today the ECB kept its key lending rate at 1.00% as expected. The committee noted that , “it has spent the past two years wrestling with the proven fact that although inflation appeared stuck well above the two percent target, the base weakness in the economy meant there were reasons to fret that inflation would
Around The World Look At Central Bank Decisions This Week Read More »
“All We Are Saying Is Give Greece A Chance.” Are Strawberry Fields Forever? Oh no, not The Beatles. Apologies readers, but as a native of Liverpool it’s often stomach churning to witness them being used to promote movements or ideals. It’s beyond parody how much the iconoclasm of the group is maintained. By the way,
All We Are Saying Is Give Greece A Chance Read More »
“A hedge fund is an investment fund that can undertake a wider range of investment and trading activities than other funds, but which is only open for investment from particular types of investors specified by regulators. These investors are typically institutions, such as pension funds, university endowments and foundations, or high net worth individuals. As
Hedge Funds Are Surviving On A Low Calorie Diet By Taking A Bite Of Apple Read More »
Official figures have confirmed that the UK economy slipped by 0.2% for the fourth quarter of 2011. Household spending was up 0.5% quarter on quarter, the highest since the second quarter of 2010. Government spending, meanwhile, was ahead by 1% over the previous three months. Benefiting from a weaker pound exports were up by 2.3%.
The UK Is Flirting With A Double Dip Recession Read More »
Oil Hits A New Sterling Record On Iran Fears..But sshhh..Don’t Tell UK Motorists Feb 20, 2008 at 04:01pm New York: “The price of crude oil has scraped above the $100-a-barrel mark in recent months, but for the first time it actually closed above the psychological ceiling. Prices settled at $100.01 a barrel on the New
Oil Hits A New Sterling Record On Iran Fears Read More »
The Greece debacle has (temporarily) been quietly shifted from the front page of both financial and popular news, it’s now left to the Greeks to cope with the impossible, inter-generational, insoluble financial burden their unelected technocrats have agreed to on their behalf. The indirect bank and bondholder bailout, that’s been agreed in order that Greece
Will It Be Open Season On The Banks As Reporting Season Starts? Read More »
How does that phrase go again; “you can fool some of the people some of the time, not all of the people all of their time”? Ah-ha! Here it is; ” You can fool some of the people all of the time, and all of the people some of the time, but you can not
Greeks Refuse To Lie Down And Take The Austerity Medicine Read More »
