Anxiety for ECB
Friday, 15 April 2011 01:24
European Central Bank’s vice-president, Constancio, dicussed matters this morning on worldwide news; mentioning that inflation remained a worry. The most recent inflatio data points that the HICP rose more tha expected to a high of 2.7%.
Read MoreGold hit another record high on Friday
Friday, 15 April 2011 09:36
Gold hit another record high on Friday after the dollar fell against a basket of major currencies also taking silver to a 31-year high, while inflation pressures in China also helped lift bullion’s appeal
Read MoreChina’s FX reserves in March
Friday, 15 April 2011 07:37
China’s FX reserves in March have hit the 3 trillion level for the first time. This could be seen as a symbol of China’s strength and growth yet it really shows how undervalued the Yuan is and how inflation could be seriously out of control.
Read MoreSome analysis believe the euro may fall
Thursday, 14 April 2011 12:46
Some analysis believe the euro may fall below $1.40 after recent gains made it close to 20 percent overvalued in terms of purchasing power.
Read MoreThe FTSE was lower in early trading today
Thursday, 14 April 2011 12:33
The FTSE was lower in early trading today mainly off the back of Chinese inflation worries and also as Reckitt Benckiser was lower on the news it was losing it’s CEO
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