What will the Fed say?... The HIA window has closed!... China takes another baby step... German outlook is upgraded!... and much more, including today's currencies prices, in this edition of the Daily Pfennig - Your Eye on World Currencies!
Why natural gas stocks could outperform, what Hugo Chavez is doing for Canada's oil sands, reviewing the Yen and reassessing gold.
Well, it's still the Christmas/New Year holiday period and just like last week, this week's commentary will be somewhat simplified. I will be back to regular commentaries next week.
Confidence fuels the dollar... Quaden is our new "Mr. Obvious"... A quote from Paul Volker... Patience... and much more, including today's currencies prices, in this edition of the Daily Pfennig - Your Eye on World Currencies!
Euroland Retail Sales rise...German Consumer Confidence rises...Japanese Exports and Industrial Production rises...A strike threatens Copper production...
Over the next week or so gold will move higher and probably lower but unless something REALLY dramatic happens then this commentary and the one next week will be highly simplified to provide me with a Christmas and New Year break.
Portfolio diversification revisited!...Japanese household spending drops...Precious Metals to continue their rise in 2006...