Market overview

[effexx]

China overtakes Japan
as second biggest
world economy

Euro slightly up
against USD - 1.28.

Gold continues to
climb reaches 1220

[effexx]

China reduces US-
treasury exposure

Leads to weaker USD:
Euro and Yen strengthened

Gold back as "safe" haven
reaches USD 1223

[effexx]

YEN continues to
demonstrate strength

USD strengthened
towards EURO and GBP

Gold at six weeks high.
Oil at $ 75 - 76 level

[Nicholas_B]

thats no suprise with now China is been developing and will only grow

[effexx]

Concerns on European slow
down weakens EURO

Speculation on Central Bank
intervention for weaker YEN

Gold stays on 1225
Oil stabilizes on USD 75 - 76

[effexx]

Uncertainties continue to
dominate currency markets

Commodities hit by
slowing economy

Gold seen as safe
haven reaches $ 1232

[Nicholas_B]

oh great more uncertainties
the slowing economy is not good

[effexx]

The British government plans on reducing their expenses expose to danger GBP exchange rate.

Analysts of exchange market have a pessimistic mood regarding GBP.

USD/JPY fell to 84.20 because of Japanese speculators who organize the massive selling of the pair.

EUR/USD falls back from the August’s high and reaches the 6-week low (1.2605).

[effexx]

Stock markets plunge
on US housing datas

Oil prices down to
USD 71

Gold and USD again
seen as "safe" havens

[effexx]

Nervous markets fear
double dip recession

EURO/USD stabilizes
on 1,27

Gold and silver
sky-rocket

[effexx]

World central bankers
to discuss growth and
currency perspectives

US and EU differ on
strategy and outlook

Oil recovers slightly
Gold stays strong

[effexx]

Japanese Central Bank pumps
100 trillion YEN into system
in effort to weaken currency

Asian markets soar in
expectation of weaker YEN

Australian Dollar strengthens

OIL prices back
on USD 75 level

[effexx]

Today Asian markets fall because of Japanese stocks which were at new 16-month low. Investors are anxious about influence of the yen on the Japanese economy.

In Asia the EURO and the USD fall against the YEN.

Today the EUR/USD pair demonstrates a positive way. The session

[effexx]

The USD dropped against the major currencies as a result of the ADP's data.

The oil continues its uptrend: the oil prices were supported by the news from the US private sector enterprises which discharged 10.000 workers in August.

The same situation is with gold prices. The figures of private sector in the US supported the gold growth.

In investors opinions the Yen will stand strong during whole week.

China

[effexx]

During this year Asian currencies were increasing against The US dollar because the actual economic situation supported purchasing of risky assets. Now Asian officials are going to step in to control their strong currencies.
The unemployment data supported the Gold as a

[effexx]

Better US job numbers
create new optimism

Double dip recession
seems to be avoided

Gold climbs to all
time high USD 1249

EURO strengthens
towards USD: 1,30

[effexx]

YEN continues
strengthening

Bank of Japan decides
to not intervene

EURO weakens on
banking rumours

[effexx]

The Japanese economy shows signs of gradual recovery.

YEN rallies to 15 years high against USD.

Gold breaks new records and reaches USD 1259.

Turbulence continues with falling Asian markets due to the strong YEN.

Today the Federal Reserve will publish its report on current economic conditions (Beige Book).

[effexx]

Week is starting with markets soaring in Asia.

Today the Euro increased according to the positive China

[effexx]

The Japanese currency hits again a new high against the dollar. Today has been registered the lowest USD level (83.05) against the Yen since 1995.
The US retail sales figures in August increased: July