Showing posts with label Central Banks. Show all posts
Showing posts with label Central Banks. Show all posts

Monday, 1 February 2010

MARKET UPDATE: Central Banks take centre stage

 Monetary Tightening in China and Greece’s debt woes have caused risk aversion to take a turn for the worse over the past fortnight
 There have been spikes in currency and equity market volatility and risk currencies have remained under pressure, including AUD, NZD, CAD and man emerging market currencies
 Greece’s problems remain a major burden on the EUR, with speculative sentiment for the currency dropping close to all time lows, as recorded by IMM data