Guerra valutaria continua....
(WSJ- 3-8-11)By Mark Gongloff
What earlier looked like a massive selloff has vanished, and it may be on hopes of QE3.
A little while ago, our colleagues Luca di Leo and Jon Hilsenrath penned a story, which hit the wires a little after 1:00 p.m., saying a trio of former Fed bigwigs would support QE3 if the economy needed it. Not exactly earth-shattering, but the market appears to have taken heart from it.
(Bloomberg - 4-8-11)Japan followed Switzerland in seeking to stem appreciating exchange rates that threatened to damage export competitiveness, selling the yen and pledging to inject 10 trillion yen ($126 billion) in funds to the economy.
(Bloomberg -4-8-11)The European Central Bank may be prevented from raising interest rates again this year as economic growth slows and the region’s debt crisis spreads to Italy and Spain, increasing pressure on the ECB to resume bond purchases.
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Human in Bear Suit Was Used to Defraud Insurance Companies, Officials Say
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Footage of a bear rifling through luxury cars was submitted to insurance
companies, which paid out $140,000. But something seemed off.
2 ore fa
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