Japan, Britain warn U.S. rule may raise tensions over debt markets

Japan and Britain have called on the United States to rewrite its proposed financial regulation, called the “Volcker rule,” warning on Thursday that it could reduce liquidity in sovereign debt markets at a crucial moment for some European governments.

In a jointly written article published in the Financial Times, Japanese Finance Minister Jun Azumi and his British counterpart George Osborne said the U.S. move would be a “wrong prescription,” calling on Washington to be “alert to the unintended consequences of financial reforms.”

Regional markets to stay on growth track

The region’s stock markets are likely to continue last week’s rally this week, buoyed by robust global oil prices, better than expected US employment data for January and positive news flows from Europe which indicate the Eurozone sovereign debt crisis is manageable, analysts say.

“Investors are back in the market. In Saudi Arabia, the prevailing high oil prices and talk about the government allowing foreigners to buy and sell shares on its market are acting as catalysts, while in the UAE, the bank results, which were positive in the fourth quarter are the catalyst,” Samer Darwiche, Associate at Dubai-based Gulfmena Investments Ltd, told Gulf News by telephone.

Why You Should Stop Trading The USD/JPY Pair In 2012

I stopped trading the USD/JPY last year because it was proving to be very difficult and the big price swings were becoming less and less frequent. Well the bad news is that it seems to have got even worse in 2012, and the USD/JPY pair looks as if it is on a life support machine at the moment.

For this reason I don’t think anyone should be trading the USD/JPY pair at the moment. The price movements are just too small to make any real money from.

From: The Forex Articles

Blog at Thoughts.com

World Wide Web is teeming with multimedia blogging, pod casting, social networking, instant messaging, emailing, and discussion forums. New media has taken the world by storm, and a paradigm shift is in progress as how people express themselves and interact with each other. All these enabling technologies are killer apps, and there are numerous sites offering these services. Some are offering blogging, or some are offering pod casting, or some are offering video blogging, or some are offering social networking, or some are offering combination of any two or rarely of three niche services.

Tips for Investing

Many people want to take advantage of the opportunity to invest as a way to supplement their income, but few people have the knowledge or the time to monitor stocks and they are reluctant to pay the high fees associated with full-service brokers.

As well, most people know that a diversified portfolio is the best-performing portfolio, but few people have the huge capital it takes to properly diversify a portfolio made up only of stocks.

One option for those people is to purchase mutual funds.

Investing for all stages of life

“Even if you’re on the right track, “you’ll get run over if you just sit there”, said cowboy humorist Will Rogers. As an investor, you want to make progress. To succeed, you need to know:

1. Where you are headed, and;

2. What’s the best way to get ahead?

Your answers will change accordingly. It is true that nothing is constant in finance. The stock market moves up and down, interest rates rise and fall, mutual fund portfolio managers come and go. Most predictably, you get older. The right portfolio of investments when you’re 25 won’t be the right portfolio when you’re 45 with kids in college, or 65 and ready to retire.

ENGRO: POST-BoD ANALYSIS

BOARD MEETING:
The Board of Directors (BoD) of Engro Chemicals Limited (Engro) was scheduled for Saturday 20 Jan. 2007 to approve the 2006 full-year results. However the results were announced on 22 Jan. 2007 at 10:00 am. Circumspect though it may seem, bear with me.

2005 DISCLOSURES:Profit after Tax (PAT): Rs. 2, 320 million
Earnings per Share (EPS): Rs. 13.79
Payout: Total cash dividend of Rs. 6

2006 EXPECTATIONS:
PAT: Rs. 2, 350 million, with expected growth of 1%
EPS: Rs. 13.94
Payout: Rs. 4 to 5

The (Passed) Winds of Change – Part 2

Again, here’s my take on the news. I think the three more important ones, that directly pertain, hence affect, the Karachi stock exchange, are:

1. The release that Prime Minister Shaukat Aziz is to postpone the decision to levy Capital Gain Tax for the next year.
2. The Sindh Government’s decision to discontinue stamp duty on electronic transfer of shares. [This proposal was in the last budget (June 2006). The duty was Rs. 0.01 per share.]
3. The opposition and disfavor of the Public Accounts Committee toward the privatization of Pakistan State Oil (PSO).

The (Passed) Winds of Change: Part 1

The reports by the agencies below that came around mid-December have been issued pertaining to our present economic condition and a look into the future. SBP primarily touted foreign investments for last half year, drooling from the prospects of privatizations in the couple of years to come. And, as usual, there was some news directing the path of KSE. Let’s have a brief look on the reports first.

Recovery After Crash

After the index breaking the 9,900 level last month, started to rise gradually. When such a crash comes there is a level where short sellers start profit taking, so there is a slight change in the trend. Secondly the prices came on the lower level that they attracted the individuals to buy shares. As the future contracts for December were over and new month started so a fresh buying in Jan contracts was obvious. Another factor in my opinion which played the most vital role in supporting the index was the news that Prime Minister has postponed the decision to levy capital gain tax for next year. This made the institutions to come to the market for fresh purchasing. We saw that the index gained about 250 points in two days.