Tim Seymour
The South African ZAR breaks to 4yr lows
The South African ZAR breaks to 4yr lows as banking sector under pressure and threat of rate cuts comes as inflation plummets for this commodity dependent economy.
Market Update – How far can gold and U.S. dollar move
Strong Dollar Trade Chart 1: The price of Gold began its parabolic ascent as in the summer of 2007 moving from approximately $665 to over $1000/oz. as the DXY (U.S. dollar) gapped lower on Fed actions to combat the credit bubble.
EU may Actuallly Be Selling Cars Again!
Economy…what’s this – a thaw in the European Union economic frost?
Market Update – Iron ore bear market?
Iron ore in bear market after having help up reasonably well.
Japanese stocks – Lookout below
Take a look at the TSE Mothers Index which is a market cap weighted index of high growth and “emerging stocks” (early stage companies) in Japan.
U.S. Dollar quietly surging higher
U.S. Dollar quietly surging higher and this morning kisses the closing level of July 24th last year, which marked multi-year highs.
