Whoosh, the euro is rapidly heading towards 1.10 against the USD. But where could it ultimately go? Here’s a few charts….
January 23rd, 2015 by Gary
We are concerned. The Fukushima farce continues with another TEPCO confession of misinformation today as the Nikkei revisits 2 month lows. But there’s more….
August 28th, 2013 by Gary
The mainstream financial headlines may focus on poor China data, more Spanish corruption or further Bernanke speech speculation but let’s be absolutely clear that Japan remains the greatest ongoing threat to global financial stability.
July 10th, 2013 by Gary
Wowzers! Yen/dollar rates have just hit the 94 level which is nearly 10 points lower than a few short weeks ago. Cue carnage in Asian equities, currencies and bonds.
June 13th, 2013 by Gary
Wow! The yield on Japanese 10 year bonds has jumped by nearly 200% in a matter of weeks. For perspective, that’s a move from 0.31% to almost 0.9%, a level which has already been visited in recent years.
May 15th, 2013 by Gary
Oh remember those days….the excitement and the frustration of house prices rising rapidly, stock prices flying too but you just couldn’t put enough skin in the game?
May 10th, 2013 by Gary