Mon, 14 May 2012 07:07:00 +0400
Last week Credit Suisse Group released a sensational report. According to it, the urban population of emerging economies will make 50% of the global population by 2037. It appears that the analysts show investors which countries (and currencies) they should pay attention to when planning long-term investments. The list includes: China, Egypt, India, Indonesia, Nigeria, Pakistan, Philippines, Thailand and Vietnam . They also provided the list of those countries that will lose their investment attractiveness due to excessive urbanization. These are the USA, EU states etc.
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The UK’s manufacturing sector seems to have seen an activity slowdown in August. This is confirmed by the latest joint report published by Markit and CIPS. The analysts say that the service sector and domestic consumption are still playing the key role in the British economy.
All those black Mondays, Tuesdays, Wednesdays, Thursdays and Fridays keep on haunting FX traders these days. It’s been around 6 months since the SNB unpegged the Swiss Franc, thereby triggering force-majeure in the Forex industry. Greece has been causing stress to FX traders as well.
On August 24th, we could see another case of abnormal market volatility. Major stock indexes crashed, currencies went wild. Was this another stress test for FX traders and even brokers? This is the question we asked the Forex-Market company.