Australian and Asian Report 24th May 2011
Asian markets are trading higher this morning, after Federal Reserve Bank of St. Louis, President James Bullard, stated that the Federal Reserve would persist with its commitment of near-zero interest rates for an “extended period”. In Japan, the Nikkei 225 index fluctuated between gains and losses, as losses in [...]

Greg will shortly be speaking alongside many other keynote speakers in the field of wealth development.
Find out more at http://www.nationalachieverscongress.com/

Australian and Asian Report 19th May 2011

Asian markets are trading mostly lower this morning, as risk appetite decreased among investors, after Japanese economy contracted 0.9% during the January-March quarter, resulting in a 3.7% year-on-year drop. In Japan, tech-exporter stocks, Toshiba, Hitachi and Fujitsu, traded lower, as the yen managed to recover from an earlier drop [...]

International Report 16th May 2011

US markets closed lower on Friday, as dismal corporate earnings, coupled with renewed European debt crisis, weighed on investors’ sentiment. Financial stocks, JP Morgan, Bank of America and Janus Capital, retreated between 2.1% and 4.5%, respectively, as changes to the Consumer Financial Protection Bureau were approved by Republicans of US House [...]

Last week saw the world’s major stock exchanges again all close lower, with the exception of the Nasdaq which was flat. In Europe over the course of the week, the FTSE fell by 0.85%, closing at 5925.9; the Dax shed 1.2% to close at 7402.3; the CAC weakened by 0.97% to end the session at [...]

International News 12th May 2011

Most global investors predict China’s yuan will be convertible into other currencies by 2016, with 50 percent seeing it joining the dollar,  yen and euro as a reserve currency within a decade, a Bloomberg poll indicated. Fifty-seven percent of 1,263 Bloomberg customers surveyed who are investors, traders or analysts, including 58 [...]

Dollar supported after previous day’s slide in oil prices
* Euro hurt by lingering debt problems, hits 7-week low vs GBP
* Aussie dollar tumbles to 1-week low after surprisingly weak job data
TOKYO, May 12 (Reuters) – The dollar dipped but held near a three-week high against a basket of currencies on Thursday as a rout in [...]

International Report 10th May 2011
Less than a year after the worst drought in a generation destroyed one-third of Russia’s wheat crop and sent global food prices surging, more adverse weather is damaging fields from North America to Europe to Asia. Corn planting in the U.S., the world’s largest grower, is advancing at half of last [...]

Moving in line with the equity market, the rupee advanced by another 10 paise to 44.62 per US dollar in the early trade today on persistent selling of the American currency by banks and corporates on the back of fresh capital inflows from foreign funds.
At the Interbank Foreign Exchange, the rupee resumed higher at 44.65/66 [...]

Australian and Asian Report 6th May 2011
Asian markets are trading lower this morning, following lower commodity prices. In Japan, exporters, Toyota Motor and Canon traded lower, as the yen strengthened against the dollar. Shares of Honda Motor came under selling pressure, after the National Business Daily reported that the company suspended its production at a [...]