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Key News•The controversial US toxic asset clean-up plan, aimed at clearing bad loans from US banks’ books to enable them to raise capital and lend freely, has fallen behind schedule, and may never be fully...

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Sentiment extreme?

Key News•Germany’s economy will shrink by 6.2 percent this year and stagnate in 2010, the country’s central bank said Friday. (AP)•The Bank of Japan will consider upgrading its view on the economy this...

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Careful Talking Your Book

FX Trading – Careful Talking Your Book Though I don’t spend too much time worrying about it, I often wonder where our esteemed leaders – financial and political – have their money hidden away. Where are...

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Geithner Gives 100 PIPs

Key News•Emerging Markets Most Expensive Since 2007 as Funds Flooded by $12 Billion (Bloomberg) Key Reports Due (WSJ): 7:45 a.m. ICSC Chain Store Sales Index For May 30: Previous: +0.8%. 8:55 a.m. Redbook Retail Sales Index...

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Is capitulation to the trend near?

Key News China’s manufacturing sector continued to expand moderately in May as new export orders improved, two surveys showed on Monday, adding to tentative signs that the world’s third-largest economy is...

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