ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
As the world’s currency wars rage on, the Federal Reserve is re-emerging as the “victor.” The dollar index looks ready to erase all its gains for 2010 on the heels of the Fed’s threat to roll out quantitative easing (QE) Part 2. This threat in turn came on the heels of the Bank of Japan’s … Read more
Brazil warns of world currency war – Telegraph The world is in an "international currency war" as governments manipulate their currencies to improve their export competitiveness, said Guido Mantega, the Brazilian Finance Minister. (tags: Brazil currency trade_policy forex)
Canadian Solar (CSIQ): 20% Evergreen Solar (ESLR): 20% Yingli Green Energy (YGE): 14% JA Solar Holdings (JASO): 11% Trina Solar (TSL): 10% ReneSola (SOL): 9% These solar companies are the top six performing solar companies in my watchlist….not for the month or the year, but for the last TWO DAYS. While only three of the … Read more
“It’s the main question that keeps me and my colleagues at the MPC up at night. That’s why in our last set of forecasts….we stressed there are upside risks. The slack in the economy is not pushing down on inflation the way we’d like…core inflation is higher in the UK; it’s not dragging down like … Read more
Data Wonks Debut Dizzying Diagram of Flash Crash – MarketBeat – WSJ After slicing the order-flow down to 25 milliseconds, Nanex’s Eric Hunsader says he sees the footprints of the destabilizing practice of quote stuffing. The theory regarding quote stuffing is that it clogs up the quote feeds and allows high frequency traders to profit … Read more