From the category archives:

europe

We’re all waiting for the Greek collapse.  It hasn’t happened yet, but that means it’s the perfect time for Global X to set up a new, first-ever dedicated Greece-only ETF (GREK).  Why, you might ask, would anyone want to put all their chips on this nation that is either going to a) leave the Euro, [...]

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Economically speaking, 2012 is looking good for central Asian, African and South Asian markets.  The developed world, however, is still struggling with debt overload and market saturation.
The United States is looking at about 1.3% projected GDP growth – nothing exciting, but also nothing to sneeze at when you see some of the other disappointing figures [...]

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Over the past 24 hours, the price of gold has plunged as much as $104/ounce, or 10%, ahead of what looks to be an imminent Greek debt default.  In fact, the past three days have seen the largest consecutive drop in gold prices in 28 years!  The question is why, you might ask.  Debt problems [...]

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Oil and gold prices are ending 2010 on new near-term breakout highs.  After a post-crash slump that kept oil around $60-$68, oil broke out to the $80-85 range for much of 2010, but in December oil’s made new breakouts yet again.
Just this past week or so, oil touched through $90 for the first time since [...]

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With the recent bailout of Greece, markets have not warmed up to Europe’s debt problems, and this has meant that the Euro has continued to weaken against the USD (sort of like a teeter-totter built out of CDO’s).
As of Friday, May 14, 2010, one Euro will buy a whole $1.237 USD.  That means the Euro [...]

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In a surprise reaction to the weekend approval of the one trillion euro bailout of Greece (750 billion euros from the ECB and 250 billion euros from the IMF, i.e., U.S. money, i.e., China’s savings), markets remained suspicious of long-term improvement in both Greece and the Euro.
As a result, this week has seen a steady [...]

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Is Greece triggering the double-dip?  Yesterday’s several-hundred point dive in the stock markets globally was said to be the result of a “fat finger” typo – someone, a really big trader (eg., Citibank), typed in 15 “billion” of futures contracts instead of 15 “million” somewhere.
And is this the new kamikaze capitalism – where you don’t [...]

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