Tag: world-economies

Brent Crude at $104 per Barrel on Spreading Mideast Unrest

Filed in commodities, Gold, Lear, New Gold, o, Spot Gold by on February 15, 2011 0 Comments
Brent Crude at $104 per Barrel on Spreading Mideast Unrest

Filed under: China , Middle East , Commodities , Oil When it comes to the biggest threat to world economies, oil scarcity is second only to nuclear war. What started in Tunisia, then spread to Egypt has now spreading to Bahrain and Iran, where protesters are clashing with police. In Iran, lawmakers are threatening death to protesters. The fear of chaos spreading across the Middle East has sent the oil market into overdrive. Brent crude traded at $104 per barrel Tuesday. Continue reading Brent Crude at $104 per Barrel on Spreading Mideast Unrest Brent Crude at $104 per Barrel on Spreading Mideast Unrest originally appeared on BloggingStocks on Tue, 15 Feb 2011 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Scrapping Energy Subsidies Would Save $550 Billion

Filed in Spot Gold, ubs by on June 7, 2010 0 Comments
Scrapping Energy Subsidies Would Save $550 Billion

Filed under: Forecasts , Market Matters , Economic Data , Politics , Oil Most people don’t realize that world economies spend more that $550 billion dollars on energy subsidies . This is $75 billion more that was originally thought. These data come from the International Energy Agency (IEA) In 2008, the latest year for these numbers, $557 billion was spent on energy subsidies. The biggest spenders were Saudi Arabia, Russia, India, Iran and China, spending an average of 2.1% of GDP. Continue reading Scrapping Energy Subsidies Would Save $550 Billion Scrapping Energy Subsidies Would Save $550 Billion originally appeared on BloggingStocks on Mon, 07 Jun 2010 12:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Will Investors and Traders Unwind the Dollar Carry Trade?

Filed in economy, Spot Gold, US Dollar by on March 1, 2010 0 Comments
Will Investors and Traders Unwind the Dollar Carry Trade?

Filed under: Major Movement , International Markets , China , Commodities , Financial Crisis Between March and the start of December 2009, the U.S. dollar fell 17% . Why the drop? With interest rates near zero the dollar is being used in the so called “carry trade.” The carry trade is used when investors and traders sell US dollars and buy riskier, higher yielding securities. The result of the falling dollar has sparked a rally in commodities and stocks. Now, if traders unwind large chunks of their dollar trades, the markets can sell off. The rebound in world economies after the meltdown is based upon rallies in commodities and stocks. Yes, this does create inflation but the Fed is more worried about deflation than inflation. The Fed is willing to accept a measure of inflation to jump start the economy. Continue reading Will Investors and Traders Unwind the Dollar Carry Trade? Will Investors and Traders Unwind the Dollar Carry Trade? originally appeared on BloggingStocks on Mon, 01 Mar 2010 14:50:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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German IFO Climbs To The Highest Level In 15 Months 24-11-2009

Filed in Gold Holdings, Gold Investing by on November 24, 2009 0 Comments

German IFO Climbs To The Highest Level In 15 Months After a tumultuous year in 2008 and grim first quarter in 2008, world economies started to show improvement starting from the second quarter and the pace of progress continued in the German IFO Climbs To The Highest Level In 15 Months 24-11-2009

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