Investment Markets Overview – w/e 15 Feb 2013

The currency markets were a little confused this week, and who can blame them. Finance ministers and their central bank minders of the G7 released a policy statement on Tuesday in an effort to calm the markets in respect of currency manipulation and in particular Japan’s recent activity in respect of the Yen. The joint communiqué suggested a united stance on Japan, no worries, only to see contradictory interpretations from various officials within hours of its release. The G20 meet up in Moscow this weekend, which of course includes the G7 bunch, with the conflab entitled,” Fostering Economic Growth and Sustainability,” but it has already been overtaken by concerns over “currency wars.The “inadvertent devaluations” by the US, the UK and the EU via their QE and LTRO policies, which are effectively efforts to stimulate inflation by debauching their currencies whilst attempting to manipulate interest rates, have been conveniently forgotten by policymakers of the Big 3, as they have rushed to defend “free markets, absent of government intervention. More confusion to come, I fear, from the G20 as well.

130215_chart

Subscribe to the Full Investment Markets Overview Newsletter which contains the following additional commentaries:-    

  • US economic data . . .

  • Euro-Zone   . . .

  • For the UK . . .

  • Out East   . . .

  • The $US index  . . .

  • Within the commodities complex  . . .

  • Economic data due next week includes  . . .

  • There appears to be as much confusion within the precious metals markets as in the currency arena these days . . .
     

  • Charts:-
    1. Indices Weekly
    2. Consumer Confidence Sentiment vs Small Business Optimism
    3. UK Retail Sales M on M vs UK Retail Sales Y on Y
    4. Japan GDP vs Japanese Consumer Confidence + Yen Spot
    5. $Gold Price Perf vs $Silver Price Perf vs US Gold-Mines Perf

Table of 15 Indices, 11 columns of detailed information, for accurate analysis


Whatever way it is presented, a con trick is still a con trick


Click  HERE to view Details of the full version of this Newsletter

which includes full text and detailed Charts for each section

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