I am back in Singapore after speaking in the “China International Investment and Finance Expo 2012” held in Guangzhou.
Although China has announced slowdowns in manufacturing, exports and housing, the Forex community there seems to suggest otherwise with the buzz in the Expo.
Speaking of buzz, the...
YTE Blog Viewing entries tagged Greece bailout Over the weekend, China announced a 50 basis-point cut in the Reserve Requirement Ratio.
This is essentially the proportion of cash that banks must set aside as reserves. The change will take effect on 24 February, and the figure will fall to 20.5% from 21%.
This is the second time in three months... Over the weekend, Greek Prime Minister Lucas Papademos won parliamentary approval for austerity measures to secure a second international bailout and avoid national bankruptcy.
Out of 300 lawmakers, a total of 199 backed the bill. The passing of the austerity bill was a boon for market traders who ... This week's top trading blogs...
Swing Trader's Edge
Well if you want a catalyst, than here it is. I have always used the charts to guide me in my trading but I certainly do not ignore wider macro and fundamental issues. Tuesday's decision by the RBA to leave rates on hold will prove to be shor...
Risk currencies are having a brief rally this week due to three reasons:
Better US Employment
Bank of England increases Asset Purchases
European leaders pledge banks recapitalisation
Better US Employment
US Non-Farm Payrolls rose by 103K in the month of September with private sector payrolls... Finance chiefs meet in Luxembourg this week.
The good news for the markets is that finance chiefs are meeting and discussing global issues more frequently. The bad news is that no concrete solution has been hammered out yet.
In the process, markets are continuing their free-fall.
The MSCI Asia... | LoginReadership SurveyTraders and investors, here's your chance to participate in the 2012 YTE Readership Survey. PollsYTE Twitter YTEmagazine: Live Trade Forex Next to the Best in Barcelona: We have a discount for you! http://t.co/cIBnwPUt Powered by Twitter Feed |












