Norwegian krone will eventually strengthen November 2, 2010 NOT even a strong fiscal position and exposure to the commodity story through being an oil exporter can discourage the bears from selling the Norwegian krone at the moment. Against the single currency, the Norwegian krone has weakened by 4.46 per cent since the start of September and 6.5 per cent since mid-May, erasing all [...]
Norwegian krone will eventually strengthen November 2, 2010 NOT even a strong fiscal position and exposure to the commodity story through being an oil exporter can discourage the bears from selling the Norwegian krone at the moment. Against the single currency, the Norwegian krone has weakened by 4.46 per cent since the start of September and 6.5 per cent since mid-May, erasing all [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 1, 2010 FINANCIAL TIMES GENERAL ELECTRIC CHIEF VENTS FRUSTRATION OVER CHINA The GE chief executive Jeff Immelt told Italian industrialists at a dinner on Wednesday that he was worried about the way Beijing was treating foreign companies. “I am not sure that in the end they want any of us to win or any of us to [...]
Euro at two-month low over contagion fears November 29, 2010 THE EURO has fallen to two-month lows against the dollar today as investors looked past the Irish rescue package to debt problems in other peripheral eurozone economies and sold the currency on any bounce. European Union finance ministers endorsed an €85bn (£72bn) rescue package for Dublin and approved outlines of a permanent crisis-resolution system that [...]
Looking ahead to 2011: some likely winners and laggards December 14, 2010 FROM sovereign debt crises threatening the very future of the euro to currency wars and more quantitative easing, 2010 has been an eventful year in the foreign exchange markets. Currency traders will be pleased to hear that volatility, which has been so characteristic of the FX markets since the crisis, is unlikely to disappear any [...]
Looking ahead to 2011: some likely winners and laggards December 14, 2010 FROM sovereign debt crises threatening the very future of the euro to currency wars and more quantitative easing, 2010 has been an eventful year in the foreign exchange markets. Currency traders will be pleased to hear that volatility, which has been so characteristic of the FX markets since the crisis, is unlikely to disappear any [...]
Australia looks fantastic. Time to get out then November 2, 2010 IN AUSTRALIA, it is summer in more ways than one. The Fed might be gearing up the printing presses again for winter, but down under the economy is actually booming. In a move unseen anywhere else in the developed world, the Reserve Bank of Australia (RBA) decided on Monday night to increase interest rates by [...]
Australia looks fantastic. Time to get out then November 2, 2010 IN AUSTRALIA, it is summer in more ways than one. The Fed might be gearing up the printing presses again for winter, but down under the economy is actually booming. In a move unseen anywhere else in the developed world, the Reserve Bank of Australia (RBA) decided on Monday night to increase interest rates by [...]
Rollercoaster forex markets are here to stay May 25, 2010 IN THE current environment it can be difficult to judge where the financial markets are going even one month ahead let alone 10 years, but that is just what UBS, the investment bank, has done. It published its FX mega trends 2010-2020 report earlier this week, and the overriding theme is volatility. The bank notes [...]
City jobs at highest level since 2007 … October 5, 2010 THE number of job vacancies in banking and financial services has reached levels not seen since before the credit crunch, a forecast by a City recruitment consultancy claimed yesterday. Recruitment firm Ambition said job vacancies in the City were now up 260 per cent on the first quarter of 2009, which was at the height [...]