zerohedge.com / by Tyler Durden / 03/19/2014 21:57 -0400
The Yuan has weakened over 250 pips in early China trading. Trading at almost 6.22, we are now deeply into the significant-loss-realizing region of the world’s carry-traders and Chinese over-hedgers. Morgan Stanley estimates a minimum $4.8bn loss for each 100 pip move. However, the bigger picture [...]
zerohedge.com / by Tyler Durden / 02/10/2014 12:49 -0500
We have looked at US markets since Independence and Western Markets since The Middle Ages; but to really comprehend how far we have come, we need to press back to the dawn of civilization. 5000 years of interest-rates and commodity history and a trend is very [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Sunday, January 26, 2014 11:29 PM
In Emerging Market Contagion Spreads, I presented a viewpoint that emerging market currencies have been under pressure because of falling commodity prices.
Commodity exporter currencies such as the Australian dollar, Canadian dollar, and Brazilian Real have been under pressure for the same [...]