US Contagion is the Worry of the World,10Yrs Ago It Was Asian Contagion (Daily FX via Yahoo! Finance)



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US Contagion is the Worry of the World,10Yrs Ago It Was Asian Contagion (Daily FX via Yahoo! Finance)

Online money transfer has become the need of the day. Be it making payments for goods and services purchased overseas or transferring money to relatives overseas, we cannot do away with online money transfer these days.

US Contagion is the Worry of the World,10Yrs Ago It Was Asian Contagion (Daily FX via Yahoo! Finance)

Ten years ago, everyone was worried about Asian contagion and now ten years later, that concern has turned to US contagion. Last week, some traders have thought that the sharp liquidations in the currency and equity market meant the end of the world, but the rebound in the past few trading sessions have brought back hope that the worst of the credit crunch of 2007 may be over.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

DATA SNAP:Euro-Zone Jun Indus Orders Growth At 19-Mo High -2 (The Forex Market)

The June data on new industrial orders gives an indication of the euro zone's future industrial output and therefore can be used to estimate overall economic activity in the single currency area.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

China's Nuclear Threat (Kitco.com)

In our hands is the greatest power of our day – gold: In two days we can procure from our storehouses any quantity we may please. [1] Speculation runs rampant that China may use its $1.33 trillion dollars of foreign currency reserves as a political weapon of mass destruction.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Dollar mostly lower, but gains vs. yen as risk appetite returns (Market Watch)

LONDON (MarketWatch) -- The U.S. dollar rose against the Japanese yen but fell against most other major currencies on Wednesday as stock markets worldwide stabilized and investors were willing to take on more risk.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

US Contagion is the Worry of the World,10Yrs Ago It Was Asian Contagion (Forex Capital Markets via Yahoo!7 Finance)

Ten years ago, everyone was worried about Asian contagion and now ten years later, that concern has turned to US contagion. Last week, some traders have thought that the sharp liquidations in the currency and equity market meant the end of the world, but the rebound in the past few trading sessions have brought back hope that the worst of the credit crunch of 2007 may be over. But is it? A look ...

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

U.S. International Reserve Position (United States Department of the Treasury)

The Treasury Department today released U.S. reserve assets data for the latest week. As indicated in this table, U.S. reserve assets totaled $67,271 million as of the end of that week, compared to $67,032 million as of the end of the prior week.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

China and America can build an agenda for success (Financial Times)

In sharp contrast to the euphoriain the run-up to the inauguralChina-US strategic economic dialogue held in Beijing last December, the mood is subdued as Wu Yi, Chinese vice-premier, meets her US counterpart, Hank Paulson, Treasury secretary.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Zone in on the cheapest euros (Daily Telegraph)

The single currency is available at an ATM near you - convenient, without a doubt, but there are other options. John Greenwood reports.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

The Future of Worldwide Connected Consoles (Business Wire via Yahoo! Finance)

FARMINGTON, Conn.----The Infoshop has announced the addition of IDC's product Worldwide Connected Console 2007-2011 Forecast: Downloads for Dollars to its online catalog.

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Who Was Bastiat? (Ludwig von Mises Institute)

"And now I would appeal with confidence to men of all schools, who prefer truth, justice, and the public good to their own systems. Economists!

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

US Contagion is the Worry of the World,10Yrs Ago It Was Asian Contagion (Daily FX via Yahoo! Finance)

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