20:05 GMT July 20 The GlobalView.com D.O.G. investor purchasing power index is closing in North America at .5012, 0.54% from its Tuesday close . As for its key subcomponents, the USD forex purchasing power index is .7306, 0.54% . The forex index is value is calculated against the top six trading currencies. Against gold, the [...]
After spending several weeks in neutral in a market that lacked directional conviction, the Asset Inflation Deflation Timer Model has moved from a “neutral” to an “inflation” reading. This condition signals that the model portfolio should orient itself to the risk trade, namely inflation hedge vehicles, such as shares of commodity producers, emerging market equities [...]
Politicians under pressure have a well established tendency to believe their own mollifying words. The regulators at the European Banking Authority have apparently acquired the habit. The banking capital assessments conducted by the EBA and released June 15th reported that only eight of 90 continental banks tested required Since the issuance of those [...]
Regulatory body announced sizeable hike in energy prices (gas, heat) for households already as of end-July, which should add 0.5-0.6pp to harmonised inflation during summer, when inflation is going to climb above 4.5% y/y. The hike of energy prices comes earlier than we assumed, lifting our expected HICP average in 2011 to 4.2%. We see [...]
Over the Counter Markest and Liquidity The Current market is generally and Over the Counter market, where traders transact against counter parties in an effort to receive the best possible price. The majority of the currency trading is transacted away from a regulated exchange such as futures trading or ETF trading. A trade in the [...]