FOREX - Trends, Forecasts and Implications (Episode 16: June 2012) - page 9

 
Spanish Economy Minister Luis de Guindos said June was critical to the future of the euro in southern Europe, noting that the battle over the single currency was "playing out here and now".

Statistics released the day before showed that Spaniards, alarmed by the crisis, are transferring money abroad faster this week than ever before, says the BBC. Eight Spanish regions have had their credit ratings cut recently but both de Guindos and IMF officials have categorically denied rumours of Madrid requesting a tranche of financial aid.

"Spain does not need financial assistance from the International Monetary Fund," Luis de Guindos Jurado said. "I want to refute any such rumours as they are unfounded," he added.

Recall that the Wall Street Journal newspaper published an article the previous day in which it wrote that the IMF has allegedly started negotiations with Spain and the loan could amount to 300 billion euros. However, where the IMF and the EU will get the money is a mystery, in addition, a little later IMF chief Christine Lagarde personally denied such rumors, saying that the rescue plan for Spain was not considered.

The collapse of the eurozone is already spoken of out loud

The fact that the eurozone may cease to exist was first spoken of out loud by the key figures of the European economic system.


Head of the ECB Mario Draghi, who spoke of the need to urgently restructure the Old World financial system, stressed that the central bank was unable to take over the functions of the state and save the eurozone from collapse. Draghi compared economic situation to a "vacuum". Amid rumours of a possible Spanish bailout, the monetary union was on the verge of disintegration. "It is neither our mandate nor our responsibility to fill this vacuum," the ECB chief stressed.

Also, Olli Rehn, European Commissioner for Economic Affairs, called for countries to act decisively to prevent the collapse of the eurozone. He believes the progress eurozone policymakers have made has been "uneven and seemingly ineffective". Of course, Draghi and Wren said nothing revolutionary. But the tone of European authorities has clearly changed. They are no longer talking about "emergency scenarios", but about the break-up of a united Europe that could start at any moment. Markets will not let such comments go unheeded.
 

Japan and China today began directly exchanging their national currencies in bilateral transactions without converting to the US dollar, as was done previously. The rate set is 12, 335 Japanese yen per Chinese yuan. ITAR-TASS 01.06.12 08:55

Direct trading of the yen-yuan pair starts on Friday on the Japanese and Chinese currency markets. All economy and business news on Prime News >> China and Japan's direct currency exchange is expected to raise the status of the yuan on the international stage, lower trade transaction costs between companies in the two countries and generally strengthen financial ties between the world's second and third economies. RIA Novosti 01.06.12 04:24

China has been Japan's biggest trading partner for five years (21%) (previously it was the US). The volume of trade between the two countries grew 14.3% in 2011 to $344.9 billion. - The volume of trade between the two countries grew 14.3% in 2011 to $344.9 billion, has doubled in the past 10 years and will exceed $350 billion in 2012 (data of the Japan External Trade Organization). Vedomosti 31.05.12 03:18

 
Post deleted so as not to be unnerving.
 
Silent:
Gentlemen explorers, who has anything to say about Gap weekend - place in strategy?

listen, dear man, stop spamming the fiver, it's been a while since you've called for different topics, stop pulling people, promote the other way around..... everyone has a brain and hands, and the right to choose, they'll move on if they need to.
 
There aren't any sections on the quad, and no one forbids talking about it in terms of MT4 in the fifth forum.
 

no, here we go again, and then I'm considered a troll..... how to open a thread about mmm, so there is a section on the four, and how to trade, there is no... no need to smear, Silent is not because of this stamping....

the main thing is to show how easy it is to get a martini, and the only thing you can do is to open a martini thread on one forum and then get a martini thread on another.

The main thing is that they do not have enough triangles in the top from time to time, so now even so .

 
Freud:

listen, dear, stop spamming the five, it's the first time you call for different topics, stop pulling people, promote the other way around..... everyone has a brain and hands, and the right to choose, they will go if necessary.
Do you have anything to say on the subject or have I limited the discussion space? You can read there and write here - no problem.
 
Freud:

...sylent is not the reason for this stamping....

Your version?
 
Silent:
Do you have anything to say on the subject, or have I limited the space for discussion? you can read there and write here - no problem.
"FOREX - Trends, Forecasts and Implications" - what are your thoughts on EURE?
 
strangerr:
Look at the diary, there are some very interesting things going on.
Good, beautiful... (but there's a but) (... and pull out a hair for me)
Reason: