Daily Archives: October 25, 2010 @ 3:02 pm (Monday)

Japan- Govt Seeking Y340bn For Extra Budget

The only nation going in this direction? Probably too early to short the yen, but keep an eye on it… Govt Seeking Y340bn For Extra Budget TOKYO (Nikkei)–The government is looking to secure 336.9 billion yen in a supplementary budget … Continue reading

Posted in Japan |

Pound Set for Pain as Cuts Push King to Print Money

The UK is tightening fiscal policy while the CB is enacting QE. The market thinks that this will substantially weaken the pound, is that the correct logic no. but drives short term portfolio shifting and specs or is QE not … Continue reading

Posted in UK |