Oil and the Euro Markets

Because without the filter of the strong euro oil bill would fall without extenuating circumstances on all consumers. Markets. Review of foreign exchange. Investors turn to seek the dollar as a refuge. Date: 17/03/2005 Source: The Bulletin. The dollar gained ground against the euro as moderate after the investors to seek refuge in the greenback against the declines suffered by equity markets, especially during the day yesterday, and the uncertainty arising from high oil prices. The euro started the session in the main European markets over the benchmark of $ 1.34, but did not stay long in this situation. During the morning, investors bet the greenback firmly to the uncertainty it poses to the markets rising oil prices, which the U.S.

currency returned to set up as a proper refuge. It is true that the dollar was punished in yesterday’s session with new record figures in the current account deficit of the first global economy. However, investors have the stimulus of the Fed meeting next week hold, which could yield a further rise of the official price of money, which the boldest bet that will be more aggressive than the last enacted by issuing agency. The upward trend in prices reflected in the most recent data and the increase in the deficit figures have led experts to believe that the scenario is ripe for the Fed to continue raising the benchmark interest rates in the U.S., which favored the greenback rises. In addition, the dollar also benefited from the encouragement of weekly unemployment figures, which met one hour before the opening of Wall Street. The requests weekly jobless claims fell by 10,000 during the last week and investors welcomed the data with optimism, despite the forecasts pointed to a slightly larger decline. Figures were also positive indicators index, pointing to an improvement in the situation of the world’s biggest economy. Meanwhile, the yen halted its upward trend against the greenback in recent days and showed declines driven by uncertainty caused by the rise in oil prices. Japan is one of the main importers of black gold, with so the higher prices is a major setback in order to consolidate the growth figures and away the ghosts of the recession.

An Economy That is Good for Banks

At least for the moment, so far in this scenario, banks prefer to be cautious. Richard Davis executive of U.S. Bancorp (NYSE: USB) said: a Creo is good for the banks if we continue to be prudent as an industry and not generate credit growth through the reduction of support in the capital . A spokesman for Bank of America (NYSE: BAC) in Charlotte (North Carolina) said: Existent fewer opportunities to generate high quality loans because of the recession . a On the demand side of credit, it is true that it has been reduced, but they have also heard complaints from potential applicants on the increasing demands for access to new financing, as is the case of Ernie Cambo the CPF Investment Group real estate developer who had to curb their investments in the construction of a mall by a lack of funding beyond the initial stages. to lack of credit growth as usually occurs after multiple actions encouraging as those generated by the U.S. Treasury and Federal Reserve, has generated many questions from various sectors of the political front.

Because he has spent a lot of taxpayer resources and expectations are still not satisfied (or perhaps had developed an excessive expectation.) Rep. Spencer Bachus a, he claimed the U.S. Treasury Secretary Timothy Geithner, the poor results so far: a Digame really see why not leverage that , referring to the effects expected had the TARP in generate a strong push credit on the economy. For the effect of TARP Geithner is not observed because in reality what was not achieved the same increase the stock credit but to avoid a collapse of it. a The reality is that beyond that credit demand is showing a little shy, the little demand there are major obstacles to accessing credit. And while it’s understandable that these may become greater demands imposed by U.S.

banking institutions, it is limiting the recovery of investment and consumption in the U.S. slowing down and taking off force to economic recovery. a While the banks are afraid to lend, those who are in a better position to do so may take this opportunity to reposition themselves. And among these banks is the Santander (IBEX 35: SAN, NYSE: STD), which we talked about in a previous article a The Santander to conquer the world a . a Horacio Pozzoa Independent Investment History will show that the Fed helped to avoid a Great Depression in 2008, but it took radical steps along the way make it more vulnerable politically than it has been in decades. During its 96 year history, the U.S. Federal Reserve (Fed) has gone through a handful of moments of transformation. The current one, this is the time that individual investors should use to achieve financial independence. Paola Pecora here tells us the investment options that more than 4,000 Latin Americans are already taking advantage. Stop wasting time and learn to invest and become a PREMIUM investor now. Latinforme.com is the main source of financial information and independent opinion on American and global markets from a Latin American perspective. From our offices in Buenos Aires, Argentina, I approached the latest news and alerts to help you make gains regardless of the direction taken by the market.

Assessing Your Assets

The solution was easy: go to foreign banks to lend money to them, because something is globalization. With that, the money that I, this morning, I joined the Central Office Savings Bank of San Quirze of Safaja may be that afternoon in Illinois, because there is a bank which my Savings Bank has I borrowed money to lend it to a ninja. Of course, Illinois does not know that the money comes from my people, and I know that my money would be deposited in an institution as I Savings Bank, began to be at some risk. Neither does the Director of the Office of my box, who knows, and presumes “that works in a serious institution. Nor does the President of the Savings Bank, which only knows that he has reversed some of the money of its investors in a bank in the U.S.

2nd comment: globalization has its advantages but also disadvantages and dangers. The people of San Quirze not know they are taking a risk in the U.S. and when it starts to read that there are subprime mortgages, he thinks: “What these Americans are crazy!” In addition, it appears that there are “Basel Standards” requiring banks worldwide that have a minimum capital in relation to their assets. To oversimplify, the Balance Sheet of the Bank of Illinois is: ASSETS LIABILITIES Cash Money Fund which had provided other bank loans million Capital Reserves TOTAL X X million the Basel rules require that the Capital of the Bank not less than a specified percentage Assets.