Into The Belly Of Beijing With Bank Of China (based on Forbes article) Bank of China is a reliable dividend-payer, kicking out a payment every year in late May or early June. In May 2013, the payout...
The words “beautiful” and “monster” don’t usually go well together, but when talking about a breathtaking natural wonder like the snow-and-ice-covered trees known as juhyou in Japan, we thought we’d make an exception.
Every year, during the cold winter months, snow monsters make their appearance on the snow covered slopes of Japan’s northern prefectures. But instead of running out of their way, tourists flock to these places to admire their natural beauty. Every one of these juhyou monsters is uniquely shaped by Mother Nature, who uses strong winds as her tools and thick layers of snow and ice as art mediums. Juhyou translates as “frost-covered trees” and is a popular phenomenon that takes place in many of Japan’s northern ski resorts.
Unemployment probably break the target set by the BoE in the quarter ending in January , Governor of the Bank of England announced . Canadian home , Mark Carney helped by its comments Massive pound to appreciate against the dollar and the Euro . A waiver of the interest rate in 2015 is now credible , although most of the speech he spoke of unused capacity in the economy, which is GDP by 1-1.5 % below the potential , and requires keeping interest rates at lower levels . In the future , raising rates ( which attract buyers pounds , but hinder lending ) will be gradual and will most likely stop far below the average of 5% before the crisis. Regarding " orientation guide " , it was amended to include the intention to work unused resources in the economy over the next two to three years . Markets have understood that the situation has changed , and the Bank of England is in the most favorable position for the first race start raising interest rates. Effect of modified message was an advance of about 0.7 % sterling . Tie long-term performance will be given by the respective economies . Anticipatory euphoria gave their speculative gains slight keeping their mission will not be easy but you will understand that the dollar has a powerful ally : the gradual reduction of QE program .
Continuity and possible redefinition of QE reduction are key themes
Measuring steps to reduce QE is the main scenario presented by Janet Yellen before Congressman tion, which had a chance to ask questions for the first time since taking office of President of the Fed . It seems good enough growth to predict economic recovery , she said , but the program does not have a pre- determined course . If a change needs to go, determined either by a significant deterioration in growth estimates or dangerous slowing inflation will move to action. Position apparently balanced blades wind blew investors and "helped " dollar contract. One detail still seems relevant : data from the labor market in January was , according JY affected by weather : thus seems likely to continue Fed rate cut 10 billion dollars QE program every " opportunity " . Current trend of EURUSD and US500 does not seem to be disturbed for a while . Certainly not for a long horizon .
Recent Piercing Line candlestick pattern resulted in 5 straight days of gains Overhanging resistance at 1.3700 may cap further gains and present selling opportunity The recent Piercing Line candlestick formation has continued to result in further gains for EUR/USD. The absence of a bearish reversal pattern leaves a bullish bias for the pair. However, resistance looming overhead at the 1.3700 handle may leave further upside potential for the Euro limited.
USDCAD Technical Analysis (based on dailyfx article) Measured objectives from the breakout above the 2011 high range from 1.1680 to 1.1910. The Jul 2009 high rests in this zone at 1.1724 and the 2007...
Another and not 'so scary' graphics and vision of DJIA, using logarithmic differentiation and comparing with 1929 (graph source: Stockcharts). By the way, if we compare the crisis of 1929 and 2008, which was quite done at that time (2008), the logic is repeat the same period of growth after such crisis.
Priest claims to have found major painting by Murillo ( based on theartnewspaper article)
Experts divided over the authenticity of the newly discovered Ecce Homo
The priest of three small villages in the region of Granada, southern Spain, is claiming to have made a major art historical discovery. Joaquin Caler bought a painting of Ecce Homo, which shows Christ bound and crowned with thorns shortly before the crucifixion, from a family in Seville around nine years ago. He has now put the canvas on display in the museum of Guadix Cathedral and says he believes it is an original work by the 17th-century painter Bartolomé Esteban Murillo.
Forbes : Swiss Bank Secrecy Succumbs To U S Tax Enforcers
It is becoming increasingly dangerous to maintain secret offshore accounts. 106 Swiss banks have signed non-prosecution agreements agreements to provide the data on their American customers by a date certain.