Forex Market Updates & Commentary |  |
| Bobbys Corner-Open Market-March.19.2012 Posted: 19 Mar 2012 05:17 AM PDT
We start the week off with another quiet Monday session. The US Ambassador to China made some comments overnight. The basis of the comments was that “China should end discrimination against US firms”. If comments like this will change China’s trade practices, then the rhetoric is well meaning-but knowing that China’s policies will not change with comments from non Chinese officials, these comments only add stress to an already stress full relationship. In other markets comments: Pimco Chief Mohamed El-Erain expects “second Greece” in Portugal. He states that Portugal will need a second round of bailout funds-as the original 78 billion euros will not be enough for the future. Asian equity markets were mixed, Europe is lower-as are US Futures. Oil is higher-but Gold and Silver are lower. HAVE A GREAT DAY & GOOD LUCK |
| You are subscribed to email updates from Forex News and Commentary by FXDD To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment