Displaying items by tag: stealth forex
Monday, 31 January 2011 10:21
Stealth Forex System
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Published in Forex Systems
- China Watch - Wen Reiterates to 'Maintain Growth'
During his field study in Wuhan, capital of China's Hubei province, Premier Wen Jiabao urged enhanced efforts to maintain economic growth which has moderated rapidly since the last quarter of 2011. Wen's comments indicated that the country has placed growth in a higher priority than before and more easing measures - Moody's Downgrade Unveils Insufficiency Of Latest Spanish Banking Reform
Despite further banking reform, Moody's announced to downgrade 16 Spanish banks with ratings of Banco Santander (SAN) SA and Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain's biggest lenders, cut 3 notches to A3. The rating agency stated that the downgrades were mainly due to reassessment of each bank's standalone credit - Language Of FOMC Minutes Signaled More Dovish Outlook
The April FOMC minutes indicated that policymakers acknowledged improvements in economic growth but these remained insufficient to change its current accommodative policy stance. While there was slight change in language from the previous meeting, it appeared that the central bank turned mildly more dovish. Overall, the Fed continued to pledge - BOE Revised Lower Growth and Inflation Forecasts
The BOE released a dovish quarterly inflation report in May, lowering both inflation and GDP growth forecasts from February projections. Policymakers also cited the worsening situation in the Eurozone would affect the UK's path to recovery and there was a "risk of a storm heading our way from the continent". - Eurozone Avoids Recession Temporarily, More Negative Effects To Be Seen In 2Q12
The Eurozone economy turned out to be better than expected in 1Q12. Notwithstanding consensus forecast that the region would technically fell to recession with two consecutive quarters of contractions, the flash GDP data came in flat, compare with 4Q12’s -0.3% drop. Despite the apparently stronger than expected growth figure, the
