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Tag Archive: Emerging markets


Currencies war

So wrote the great economic iconoclast John Maynard Keynes in an essay titled “The Great Slump of 1930,” published in December of that year. Thirteen months had passed since the crash of 1929; the world was living, in Keynes’s words, in “the shadow of one of the greatest economic catastrophes of modern history.”  – quotation from “Lords of Finance” –

The West after World War I, a time of economic fragility, of bubbles followed by busts and of a cascading series of events that led to the Great Depression.

The present scenario is about emerging Continue reading

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Prop Traders – Dejavu

Having  a feeling of Dejavu, while I am writing the post Takings from my last post  A Prop Trader or Rogue Trader and my past posts on the same topic The Rogue Trader or The Rogue Banks and TO BE A ROGUE TRADER would like to share few more views over them. As I reveled in the past that prop trader don’t trade on behalf of clients but they use institution own money to trade.They speculate and their focus are is emerging markets.

The two principles on which they work : Continue reading

The combined output of emerging-market economies now accounts for more

than half of world GDP and energy consumption. The emerging countries also hold 70% of the world’s foreign-exchange reserves. As a result, rich countries no longer dominate either the global economy or the global economic-policy agenda. Emerging countries’ global integration, demand for Continue reading

 

Takings from my last post  A Prop Trader or Rogue Trader and my past posts on the same topic The Rogue Trader or The Rogue Banks

and TO BE A ROGUE TRADER would like to share few more views over them. As I reveled in the past that prop trader don’t trade on behalf of clients but they use institution own money to trade.They speculate and their focus are is emerging markets.

The two principles on which they work :

Yesterday MS published there Credit reports and they are more worried about the Macro environment.

The macro backdrop has worsened considerably since the end of June. Rising sovereign bond yields in Spain, weaker domestic and global economic data as well as the rising possibility that Greece once again fails to meet their bailout program criteria have all been shrugged off by credit investors. Since the end of June, the yield on the 10-year US .Treasury has fallen by 22bp and recently touched an all-time intra-day low of 1.379%. On the surface, that should tell you that risk assets have sold off. Continue reading

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