Summary for Week Ending July 29th

The big economic story of the week was the Q2 GDP release. The Bureau of Economic Analysis (BEA) reported that real GDP growth increased a sluggish…
Bullish We discussed about Forex issue up to date...
Bearish You know, my faith is one that admits some profit...

The big economic story of the week was the Q2 GDP release. The Bureau of Economic Analysis (BEA) reported that real GDP growth increased a sluggish…

The most recent bout of financial turmoil undercut that EUR strength in the medium term, and the 2 main questions going forward will be if the mark…

Australian and Canadian Dollars. Both currencies are “commodity currencies” and move based on similar dynamics in that they strengthen when the glo…

The RBA hiked rates in late ’09 and in ’10 from 3% up to 4.75%, but with natural disasters to start this year, and global growth looking less stron…

The impasse in regards to passing an increase to the debt ceiling and the consequences associated with that have come home to roost as we have Moo…

The manufacturing sector in the US faced a sharp slowdown in May, as the ISM Manufacturing PMI fell from 60.4 in April to 53.5 in May. Expectations…

Wall Street Journal illustrated the conflicted nature of American views regarding real yuan appreciation. … hope that Chinese policymakers see th…