Starting another day

October 16th. Hi everybody, hope you are fine! Greenback and Japanese yen are back. The optimism last finally just a couple of days (I was hoping on at least a couple of weeks) as fears of a global recession were triggered again; stocks fell around the world, and currency market remains under pressure, although not as much as in the past weeks. In fact, economies are tumbling around the world and credit crunch, or recession,  are all part of it. The economic slowdown in here to stay: how long would it last, how deep will it go, is the question we are all making today. May believe is that still we are away from the light at the end of the tunnel. Let me know what you think!
These are the most relevant news for today GMT:
12:30 USD Consumer Price Index (Expected 0.1% Previous -0.1% )
12:30 USD Consumer Price Index Ex Food & Energy (Expected with […]

Original post by Valeria Bednarik

This entry was posted on Thursday, October 16th, 2008 at 3:49 am and is filed under Starting the day. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

October 16th. Hi everybody, hope you are fine! Greenback and Japanese yen are back. The optimism last finally just a couple of days (I was hoping on at least a couple of weeks) as fears of a global recession were triggered again; stocks fell around the world, and currency market remains under pressure, although not as much as in the past weeks. In fact, economies are tumbling around the world and credit crunch, or recession,  are all part of it. The economic slowdown in here to stay: how long would it last, how deep will it go, is the question we are all making today. May believe is that still we are away from the light at the end of the tunnel. Let me know what you think!
These are the most relevant news for today GMT:
12:30 USD Consumer Price Index (Expected 0.1% Previous -0.1% )
12:30 USD Consumer Price Index Ex Food & Energy (Expected with […]

Original post by Valeria Bednarik

This entry was posted on Thursday, October 16th, 2008 at 3:49 am and is filed under Starting the day. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.