The leaders of Brazil, Russia, India, China and South Africa
Thursday, 14 April 2011 07:24
The leaders of Brazil, Russia, India, China and South Africa (BRICS Nations) said extremely volatile commodity prices pose a threat to the global economy. The combined gross domestic product of the BRICS nations will be greater than the US economy by the end of 2014, according to the IMF.
Read MoreChina’s government lose control of inflation
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.
Read MoreThe IMF economic report came out today with mixed reviews
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.
Read MoreShanghai Composite
Monday, 11 April 2011 11:02
Shanghai Composite market touched 3050 after breaking 3000 and will probably see selling pressure in afternoon session. Investors would like to sell the index as most believe the Shanghai composite trading range is still between 2700~3100.
Read MoreOvernight and weekly wrap up
Saturday, 9 April 2011 11:53
Overnight in the US treasuries and stocks dropped lower as inflation expectations surged and the markets continue to believe the Fed will lag behind other central banks in raising rates. As of this writing the US government has finally reached an agreement and agreed to cuts totally almost 38 billion dollars, the largest cuts […]
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