Commodity price trend is expected from the U.S. shackles
Over the past few months, commodity prices and the U.S. dollar in the past few decades in the form of "negative correlation between", that there have been some subtle changes.
Here, we Commodity Index and the U.S. dollar indicator as an example.
December 5, 2008 to 18, during a short period of eight trading days, the dollar index fell from 88 points to 77 points, and in March 9, 2009 to 89 points again, and then in the March 19 or Back to 82 points. The Commodity Index declined to follow the fluctuations in the dollar index has remained at 330 points to 360 points, a narrow range of fluctuation between.
Take a view at the gold market. Over the past small number decades, the U.S. dollar gold charge and between the "negative relationship between the" more prominent. However, in fresh months has in addition modified a lot. That is, if or depreciation of the dollar, gold costs still hovering at high level.
Why is there such abnormal changes?
Trend from the issue of outlook, an unprecedented international economic urgent position is clear to glimpse the world, the worldwide bulk products denominated in U.S. dollars as the only currency is full of defects and town, in supplement to the United States to its creditors absolutely irresponsible mind-set and actions round the world will inescapably lead to efforts to change the rank of the worldwide monetary system.
The deteriorating United States dollar, considering the bulk goods in the global market is locked-in to be a bewildering - can not find a sense of direction. It in addition reflects the U.S. dollar and goods costs that the aged bond between the break.
From another point of view, the rise of trade protectionism forces once again, competitive devaluation of the currency is bound to become the Government's policy options. The World Bank issued a March 17 report notes that: Since the financial crisis, countries all over the world, or the introduction of protectionist measures to be introduced about 78, of which 47 have been implemented. In the implementation of the measures, including the devaluation of the currency.
Competitive devaluation of national currencies, and trade protection policies of the introduction of frequent, resulting in the foreign exchange market exchange rate between the various monetary relations (exchange rate) changes frequently, but the rate increase. Such market conditions, in order to hedge for the purpose of making the investors to stay away from the foreign exchange market, and commodity market hedge turn.
If this is the overriding condition of the market risk, and that goods costs will not view at the U.S. face. That is to say: Whether it is or is depreciated dollar, goods costs will only rise. At the matching time, if this eventuates, then the might of countrywide currencies, there will be through the paying for power of goods to be reflected.
Right now, this matter of course, there is no outbreak, it is because commodity markets through the practice of hedging the market has yet to become commonly acknowledged, but the future? I think the possibility does exist. At the very least, the current in the international financial markets appear worthy of serious concern to all kinds of chaos. In fact, this is also a large number of people to judge the U.S. because of "water" and if there will be a global "stagflation," a major concern. - 18758
Here, we Commodity Index and the U.S. dollar indicator as an example.
December 5, 2008 to 18, during a short period of eight trading days, the dollar index fell from 88 points to 77 points, and in March 9, 2009 to 89 points again, and then in the March 19 or Back to 82 points. The Commodity Index declined to follow the fluctuations in the dollar index has remained at 330 points to 360 points, a narrow range of fluctuation between.
Take a view at the gold market. Over the past small number decades, the U.S. dollar gold charge and between the "negative relationship between the" more prominent. However, in fresh months has in addition modified a lot. That is, if or depreciation of the dollar, gold costs still hovering at high level.
Why is there such abnormal changes?
Trend from the issue of outlook, an unprecedented international economic urgent position is clear to glimpse the world, the worldwide bulk products denominated in U.S. dollars as the only currency is full of defects and town, in supplement to the United States to its creditors absolutely irresponsible mind-set and actions round the world will inescapably lead to efforts to change the rank of the worldwide monetary system.
The deteriorating United States dollar, considering the bulk goods in the global market is locked-in to be a bewildering - can not find a sense of direction. It in addition reflects the U.S. dollar and goods costs that the aged bond between the break.
From another point of view, the rise of trade protectionism forces once again, competitive devaluation of the currency is bound to become the Government's policy options. The World Bank issued a March 17 report notes that: Since the financial crisis, countries all over the world, or the introduction of protectionist measures to be introduced about 78, of which 47 have been implemented. In the implementation of the measures, including the devaluation of the currency.
Competitive devaluation of national currencies, and trade protection policies of the introduction of frequent, resulting in the foreign exchange market exchange rate between the various monetary relations (exchange rate) changes frequently, but the rate increase. Such market conditions, in order to hedge for the purpose of making the investors to stay away from the foreign exchange market, and commodity market hedge turn.
If this is the overriding condition of the market risk, and that goods costs will not view at the U.S. face. That is to say: Whether it is or is depreciated dollar, goods costs will only rise. At the matching time, if this eventuates, then the might of countrywide currencies, there will be through the paying for power of goods to be reflected.
Right now, this matter of course, there is no outbreak, it is because commodity markets through the practice of hedging the market has yet to become commonly acknowledged, but the future? I think the possibility does exist. At the very least, the current in the international financial markets appear worthy of serious concern to all kinds of chaos. In fact, this is also a large number of people to judge the U.S. because of "water" and if there will be a global "stagflation," a major concern. - 18758
posted by X - Men at
12:18 AM
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