Posted by: ronakorn on: September 17, 2009
The euro held firm close to a nine-month high against the dollar in Asia on Wednesday as investors snapped up riskier assets, reflecting mounting hopes for a global economic recovery. The euro stood at 1.4667 dollars in Tokyo midday trade, close to Tuesday’s peak of 1.4686, which was the highest since December 2008. The dollar [...]
Posted by: ronakorn on: February 15, 2009
Mr. Jitti Tangsithpakdi, president of the Gold Traders Association of Thailand, said that gold price tended to rise more and might reach 15,450 baht within a month. Increasing gold prices are because the US financial crisis has not been solved yet. As a result, people have bought gold to reduce risk. The gold situation is [...]
Posted by: ronakorn on: December 23, 2008
When the economy is in a funk, Treasuries or Stocks are to get a fix on what’s ahead. This interesting interview from TIME is talk about it. TIME contributing editor John Curran talked to two top strategists at Merrill Lynch: Richard Bernstein, who plots U.S. investment strategy, and Michael Hartnett on international. This is interesting [...]