Global Investing

from Jeremy Gaunt:

Why is the euro still strong?

November 10, 2011

One of the more bizarre aspects of the euro zone crisis is that the currency in question -- the euro -- has actually not had that bad a year, certainly against the dollar. Even with Greece on the brink and Italy sending ripples of fear across financial markets, the single currency is still up  1.4 percent against the greenback for the year to date.

from Jeremy Gaunt:

When things stagnate

October 25, 2011

Goldman Sachs researchers have been hitting the history books again, trying to divine what happens to currencies when economies stagnate. Answer:  Not as much as you might think

from MacroScope:

Giant FX market now $4 trillion gorilla

September 1, 2010

Global foreign exchange has always been one of the biggest markets in the world but its exponential growth keeps accelerating. The triennial survey by the Bank for International Settlements shows global foreign exchange market turnover leapt 20 percent to $4 trillion, compared with $3.3 trillion three years ago.

from Sebastian Tong:

Stop pushing and we’ll do it

March 18, 2010

The growing acrimony in the international debate over China's currency policy has led some to warn that Beijing could dig in its heels if pushed to hard to let its yuan rise. crybaby

Financial survival tips for the age of debt

February 25, 2010

From whom would you rather take investment advice:  one of the thousands of bankers or wealth managers who did not see the financial crisis coming or one of the few economists who predicted it?

It’s the dollar

October 23, 2009

Two graphs (from Scott Barber) to remind that what you get from assets depends on the currency:

Yuan vs. Dollar

July 24, 2009

The United States and China hold economic and strategic talks in Washington starting on July 27. The United States, International Monetary Fund and other groups have urged China to allow its currency to appreciate in order to help unwind global imbalances. Here is a chart showing the Chinese yuan vs the U.S. dollar.

from Commodity Corner:

Correlation Between Oil and Equities Markets

May 7, 2009

oil-vs-stock-market

Oil prices have been trading in an unusually strong positive correlation with equities markets over the past few months on hopes that signs of an economic recovery could mean a boost for energy demand.

from MacroScope:

SDR bonds from the IMF?

April 2, 2009

Analysts are starting to wonder if the International Monetary Fund will issue bonds denominated in its currency, Special Drawing Rights (SDRs), to boost the international lender’s capital. 

from Raw Japan:

Whither the yen — a withering yen?

February 27, 2009

The yen's fall against the dollar the past few weeks has been remarkably fast, and calculated from where it is now around 97.70 yen, the dollar has jumped nearly 9 percent this month, on track for its biggest such gain since August 1995.