Risk Appetite Took a Real Beating Yesterday
Equity markets worldwide took a hit, with global recovery stocks the major punch-bag. The sentiment wasn’t helped by disappointing earnings releases from Alcoa (on Monday) and Chevron, yesterday and markets will wait with trepidation the scheduled US company reports later in the week.
Watch Trend TV for Tomorrow’s Forecasted Trading Range
Being able to watch tomorrow’s trends today is going to be a great boon for many traders.
Who Wants Sterling or Yen?
It is becoming a bit of a competition for last place between the Yen and Sterling… the Japanese bond market might take flight…The Times this morning , “Cash-strapped Treasury contemplates shining up gilts”… at the Fed meeting concern was raised by some over the inflationary impact of the declining Dollar’s value…
Higher Yielders Make Early 2010 Gains
Positive interest in many Far Eastern and Antipodean currencies continues as investors look to the Asian and Pacific regions for the most likely currency appreciation during 2010.
Sterling 2010
Good start to the trading year for sterling? See what the wall Street Journal has to say and make your own mind up… for me, I am being very cautious on sterling
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