International Business Times

Chinese Reaction to FED QE3: Not Happy

douglas.borthwick — Thu, 13 Sep 2012 21:34:24 GMT

On April 4, 2012, the Chinese newspaper, ChinaDaily, published a piece titled, "US Urged to Consider Effects of Policies."

Within the article I noted the withering green shoots in the U.S. would likely result in QE3 for the U.S. This view passed Thursday.

Collection Privée

prateek.choudhary — Mon, 10 Sep 2012 10:29:44 GMT

According to a study presented by East-West Digital News, Data Insight, and Moscow’s Higher School of Economics, in September 2011, Russia became the largest Internet market in terms of number of users, with over 80 million Russian-speaking users.

The Russian e-commerce, or online retailing market, will go well beyond 20€ billion within the next few years. Russia is a large and fast-growing market for luxury goods. The market is currently fragmented with many small online and a few large retailers.

The Case for a Higher EUR/USD

douglas.borthwick — Wed, 05 Sep 2012 13:18:34 GMT

The ECB's Bond Buying Scheme was leaked this morning and offered a few details.

1.) Bond buying will be unlimited and sterilized.2.) The ECB will apply conditionality but not seniority.3.) There will be no public yield caps.

The EUR/USD is rallying on the news. I have argued for some time that the EU and the ECB have been steadily working behind the scenes over the summer months. This has brought some support to the EUR/USD.