On the New York Mercantile Exchange, light sweet crude futures for March settlement traded at USD96.08 a barrel during early U.S. trade falling 0.28%. Weakness in the U.S. dollar helped depress crude oil prices. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, gave back 0.06% …
Category Archive: World Economy
Permanent link to this article: http://www.wealthson.com/1790/crude-oil-might-again-touch-98
Permanent link to this article: http://www.wealthson.com/1786/where-gold-comes-from-and-where-it-goes
Jan
21
Letter from a Hedge Fund to its client on how the world financial markets could be in 2012
Dear Investors, When written in Chinese the word “crisis” is composed of two characters. One represents “danger”, and the other represents “opportunity”. This is the most accurate way I can express my thoughts and feelings about the coming year in the commodities markets. Volatile, unpredictable yet scattered with times of great opportunity. The prophecy of …
Permanent link to this article: http://www.wealthson.com/1782/letter-from-a-hedge-fund-to-its-client-on-how-the-world-financial-markets-could-be-in-2012
Jan
19
Get five times return on Greek bonds..or wait, are yields meaningless now?
Yields of 1 Yr Greek bonds is now above 400% which means if you invest in Greek bonds now, you will get five times your money next year. But, even at such high yields, there are more sellers of the Greek bonds than the buyers today. That means investors are almost certain that Greek wouldn’t …
Permanent link to this article: http://www.wealthson.com/1780/get-five-times-return-on-greek-bonds-or-wait-are-yields-meaningless-now
Jan
10
Economic affairs around the world
Mahindra & Mahindra has launched a US television campaign to publicise its claim to be the world’s largest tractor maker by volume – a milestone for the Indian industrial conglomerate – overtaking John Deere,http://ftalphaville.ft.com/thecut/2012/01/09/824351/mahindra-hits-milest… Royal Bank of Scotland is determined to press ahead with plans to pay out promised bonuses to investment bank boss John …
Permanent link to this article: http://www.wealthson.com/1776/economic-affairs-around-the-world
Jan
02
European Economy contracts for fifth month continuously
Europe is falling into recession and it is evident from every new data release that comes up. Following today’s release of European manufacturing PMI data we are sadly no closer to getting any resolution on which way the great US-European divergence will compress. Because all we learned is that, very much as expected, Europe managed …
Permanent link to this article: http://www.wealthson.com/1774/european-economy-contracts-for-fifth-month-continuously
Nov
25
How will financial events unfold in 2012?
2011 has been year of mixed reactions and sentiments for financial markets. Economies kept on struggling to leap out of sovereign debt crisis but only found themselves in greater mess. US had to increase its debt ceiling yet again this year, Britain’s debt cut measures measurably failed as government had to give up on falling …
Permanent link to this article: http://www.wealthson.com/1766/how-will-financial-events-unfold-in-2012





