Wednesday, April 22, 2009

USD::Call-back reorganization trend

yesterday US dollar index is highest bounces to 86.75, the lowest call-back to 86.10, closes in 86.20. Europe is the currency trend continues to split up. And a euro/US dollar trend is strong, a euro/US dollar lowest call-back to 1.2889, bounces high to 1.3035, closes in 1.3018. US dollar/auspicious court attendant is highest bounces to 1.1418, the lowest call-back to 1.1598, closes in 1.1642. But pound/US dollar bounced yesterday is blocked under 1.4690, fell 1.4399 largely, closed in 1.4502. the Britain announces on Wednesday the data demonstrated that British in March is unemployed the application population to increase 73,700, anticipated increases 12.1; British in March the Public sector only loans + 19,100,000,000 pounds, anticipated + 16,150,000,000 pounds; British in March Government revenue and expenditure short difference + 28,400,000,000 pounds, anticipated + 16,500,000,000 pounds. At the same time, the British Central Bank announces in April conference summary demonstrated that MPC by 9:0 through the maintenance interest rate invariable decision, and the consistent decision continues to advance 75,000,000,000 pound property purchase plan, is mainly thought that the environment has not presented the substantive change, therefore is not the unnecessary change property purchase plan. The British Debt Administrative bureau said that in 2009-2010 fiscal years, the plan distributes 2,200 hundred million pounds national debts, this will enlarge the pound the money supply, simultaneously will urge the foreign investment to flow out Britain, then suppression pound.
Although the Eurozone economy is appearing stands firmly the sign, this and is insufficient to support the euro. Although euro/US dollar presented certain scope yesterday the bounce, but, the city were still many to a euro disadvantageous factor, in view of the fact that the European Central Bank will relax further monetary policy, the Eastern European country still has the big violation risk, as well as the European investor's fund flowed to US's enterprise debt market, the euro was still very frail. Yesterday the American Stock market has not continued the day before yesterday's bounce trend, but appeared receded, Dow Jones index closing in 7886.57 points, closing fell 82.99 points, also has affected Europe is currency bounce dynamics. border Fund of monetary assets Organization (IMF) estimated American and Europe's bank needs before next year through puts up shares the way to increase funding 8,750 hundred million US dollars, can make the capital in cash rise to erupt before the financial crisis the level; But they, if wanted to achieve the mid-1990s's capital in cash level, then needed to put up shares increases funding 17,000 hundred million US dollars. The so large amount call for fund had reflected this financial crisis the injury which the Banking industry creates for Europe and America. IMF said that the financial crisis is declining with the global economic continues to deepen together. Banking industry's trouble expanded from the mortgage service to the commercial real estate loan and the emerging market bond service. IMF estimated that from 2007 to 2010 period, American, European and Japan's financial industry will amount to faced with 4,100,000,000,000 US dollars losses. And the banking industry faces the loss is 2,500,000,000,000 US dollars, the loss which the insurance business face is 3,000 hundred million US dollars, other financial organ faces the loss is 1,300,000,000,000 US dollars. Moreover, IMF said yesterday the global economic decline speed is also speeding up, a money market possible need longer time to be able to stabilize down.

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