Forex Market Updates & Commentary |  |
| Bobbys Corner-Open Market-March.16.2012 Posted: 16 Mar 2012 05:25 AM PDT Good Morning: A very lackluster evening session as the markets await this morning’s CPI data. With the US economy picking up speed, and inflation following the trend-the Fed may not be able to continue with their very accommodate monetary policy. The magic number for CPI seems to be 3%. If investors and the Fed see this data go over 3% year to date-they will need to re access their policies. Asian equity markets were mixed-while European markets are higher, along with US Futures. Gold, Silver and most metals are lower. HAVE A GREAT DAY-WEEKEND & GOOD LUCK |
| Posted: 16 Mar 2012 01:06 AM PDT * All ECB crisis measures are temporary * ECB has done its part, now governments must do theirs * Downside growth risks stem from debt crisis * No rate move discussed at last month’s meeting * ECB and governments must separate responsibilities * Eurozone still in a crisis that is long and deep |
| Posted: 15 Mar 2012 08:27 PM PDT
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