Foreign Exchange Insights and Next Week
Can’t Get There from Here
February 21, 2013
A state of considerable uncertainty always surrounds financial decisions that need to be made. In the past, there tended to be more type A uncertainty among currency market participants than now, which results when people believe they understand cause-and-effect relationships better than they in fact do and as a result under-appreciate the complexity of predicting […] More
New Overnight Developments Abroad - Daily Update
Overnight Markets Uneasy
February 21, 2013
Equities dropped 3.4% in China, 2.3% in Australia, 1.7% in Hong Kong, 1.6% in India, 1.4% in Japan, 1.2% in Thailand, and 1.0% in New Zealand. In Europe, share prices have so far slumped 2.9% in Italy, 1.9% in Germany and France, 1.8% in Spain and 1.7% in Britain. Bonds were hit in Europe. The […] More
