China’s government lose control of inflation
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 12 April 2011 09:36
China’s decision to keep its currency weak has potentially caused the government to lose control of inflation and risks fuelling wage-price gains as well of course as the ongoing issues with trading partners.
US markets closed mixed with the S&P 500 lower
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 12 April 2011 07:39
US markets closed mixed with the S&P 500 lower as oil related stocks fell on a drop in crude prices after the IMF cut its growth forecasts for the US and Japan.
Australian stocks fell 1.3 % on Tuesday
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 12 April 2011 07:33
Australian stocks fell 1.3 % on Tuesday, the biggest one-day loss in four weeks after hitting a 12 month high the previous session, miners and energy stocks were the main culprits.
US markets this week
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 12 April 2011 07:16
TUESDAY: International trade, import and export prices, 3-year Treasury note auction, Treasury budget, CFTC’s Gensler testifies on derivatives regulation, Dudley speaks, Bank of NY Mellon shareholder meeting.
The IMF economic report came out today with mixed reviews
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Monday, 11 April 2011 08:27
The IMF economic report came out today with mixed reviews, emerging countries like China still expanding rapidly as advanced economies like the United States are grwoing very slowly.





