Forex Zone (Forex Zone)
Finance  |  June 13, 2011 10:23:08

The current global economy = surrender, problems, uncertainty

Markets, where he dominated the last few months buying, slowly begins to capitulate because the outlook for the global economy is uncertain. The combination of problems in Greece and the Eurozone, the weak U.S. economy, weaker economic data from developed countries and the tightening of monetary policy in South Korea, India, Brazil and potentially even again in China reminded investors that there are still a lot of variables that could be a catalyst for new fall into recession.

Data from some major banks show that reducing their positions in risky assets, but also opening new short positions risk. The Dow Jones dropped below 12,000 points. If macrodata continue publishing negative, could the global stock markets to accelerate the pace of decline.

In terms of currencies, we can ...

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