Once again, the People’s Bank of China is telling banks to move more money into their reserves in order to curb lending and, it is hoped, keep inflation under control in the fast-growing economy.
November was a choppy month for the markets, with concerns in the Euro-zone resurfacing with Ireland now in the hot seat and North Korea stirring up the international community with its
As a veteran trader, I have a tendency to look past the day’s top headlines. That’s why a recent Bloomberg News story – which stated that China sold a net total of 769.2 billion yen
On November 19, the People’s Bank of China ordered the country’s banks to increase their reserves by an additional 0.50%. It’s the second time in two week the Bank has boosted reserve
The political and financial leaders from the world’s 20 largest economies, or Group of 20, gathered in Seoul, Korea last week to solve all the world’s economic problems.
As expected, Chinese inflation surged last month to its highest level since the credit crunch. This may give Beijing the evidence it needs to hit the policy brakes.
With the health of the global economy still riding in the balance, leaders from twenty of the most powerful and important economies in the world will meet in Seoul, South Korea this week to discuss
The ETF industry has grown by leaps and bounds in recent years, thanks in large part to a shift by investors towards cost-efficient passive indexing strategies and away from pricey active
At the recent G20 meeting in South Korea, the Group of 20 finance chiefs agreed to move towards a more market-determined exchange-rate system that reflects underlying economic fundamentals
As the American economy continues to grow at a painfully slow pace, investors have begun to lose confidence in the once rock solid greenback. This has pushed many investors into the relative
Earlier this summer, investors around the world cheered an unexpected announcement out of Beijing, when the Chinese government announced that it would allow its currency to become more
August, a typically slow month for North American markets marking the end of the summer, ended with the general equity markets working up losses over the period. The S&P500 lost about 4.7%
WisdomTree has filed paperwork with the SEC for the “Dreyfus Commodity Currency Fund” (CCX). The paperwork states that the Fund is expected to be available for sale to investors beginning on or about September 1, 2010. It will be an actively managed exchange-traded fund (“ETF”) that will seek to
Back on June 9th we updated clients and also published a note to Seeking Alpha, (original posting here), pointing out a possible rally in Crude Oil, and the ETF and ETN products that track the
Currency trading is unique among investing. As we noted in our euro recommendation, currencies have moved from obscurity to prominence in a few short years. The foreign exchange market is the