U.S. Treasury Secretary Timothy Geithner met China’s Vice-Premier Wang Qishan on Sunday and “exchanged views” about economic relations between their countries, both sides said.
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October 24th, 2010 | Posted in CNN Money | No Comments
Overlay Asset Management, a $20bn foreign exchange manager, is launching a currency basket it claims represents a “virtual world reserve currency”.
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October 24th, 2010 | Posted in FT News | No Comments
The currency wars that are dominating the attention of the world’s central bankers are also playing out in the niche world of luxury goods.
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October 24th, 2010 | Posted in CNCB | No Comments
Markets were generally cautiously towards the end of last week as investors awaited G20 meeting. Though, some underlying developments are worth noting. Firstly, dollar did seem to found a bottom as we anticipated, with expectation gradually shifting from an aggressive one-off QE II program to a gradual one with an
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October 23rd, 2010 | Posted in British Pound | No Comments
A group representing the world’s most prominent finance ministers wrapped up a two-day meeting in Korea Saturday with a pledge to not engage in currency wars or other economically protectionist policies.
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The precious metal has hit a series of record high prices on the back of concerns of a growing ‘currency war’ among the world’s central banks
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Risk was off the table in the run-up to a meeting of financial ministers in South Korea as markets eyed grapeshot fired in the ‘currency wars’
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International economy: As the G20 reconvenes, deepening rifts are fuelling suspicions that a forum hastily and arbitrarily charged with safeguarding the recovery is drifting into irrelevance
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Discussing a possible dollar resurrection, with Jim Rogers, Rogers Holding Company and Andy Busch, BMO Capital Markets.
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Ministers from the world’s leading economies were locked in debate on Saturday over an American proposal aimed at defusing rising global tensions over exchange rate policy, with the US claiming that it was overcoming resistance
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October 23rd, 2010 | Posted in FT News | No Comments