Archive for September 2nd, 2011

Foreign Exchange Insights and Next Week

Risk Aversion, Risk Aversion, and Risk Aversion

September 2, 2011

The risk averse pit into which world financial markets fell some four years ago keeps getting deeper and wider.  Bonds, especially Treasury securities, have benefited paradoxically since excessive sovereign debt is one of the chief sources of concern.  Safe haven demand has supported the dollar at times but not sheltered it from some large losses.  […] More

New Overnight Developments Abroad - Daily Update

Fresh Blast of Risk Aversion

September 2, 2011

At 13:50 GMT, U.S. share prices were down 1.6-1.7%.  Earlier trading overnight saw equities fall by 1.2% in Japan, 1.8% in Hong Kong, 1.5% in Australia, 1.1% in China and 0.9% in New Zealand.  Europe has seen the most damage, with the German Dax and Paris Cac suffering losses so far of 3.5% and the […] More