Massive bear positions in US futures, options helped pound gold to the worst levels in a year.
But there are signs that the bears are beginning to cover their shorts. The standard mantra of precious metals analysts is that the
Turkish crisis exacerbates emerging nation foreign debt problem
Sanguine economists claim that forex traders are over-reacting about contagion dangers. Currency and bond trends indicate otherwise
The Turkish financial crisis exacerbates an emerging market foreign debt problem that has been brewing for some time.
On the face of it, … Read the rest
Growing support for Britain to join European Free Trade Association
The government is urged to ask if the UK can continue operating under European Economic Area (EEA) as part of European Free Trade Association (Efta) after it departs from EU
GROWING numbers of key individuals across the political spectrum are … Read the rest
Asian & other emerging nations at risk from soaring Forex loans
The risk comes from the potential rise in the US dollar against Asian currencies. Emerging nation borrowers will be squeezed
FOREIGN currency borrowing of Asian governments and corporations has soared to new heights, helping finance companies and boosting growth.
But … Read the rest