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  • Asian stockmarkets fall on stagflation risk

    I noted earlier this year that China was now exporting inflation, rather than the deflation of the past decade. Working in Asia again this week, one can see a major change in attitudes is now underway. Rising food and energy prices are having an enormous impact, and Asian governments are clearly nervous...
    Posted to ICIS Blogs (Weblog) by Anonymous on 06-15-2008
  • Interest rates to rise by the end of May

    Headline interest rates are set by central banks. But the ones that we actually pay, as consumers or companies, are set by the banks themselves. And most of these are based on LIBOR - the London Inter-Bank Offer Rate - which is the main benchmark for $62 trillion of borrowing around the world. Now it...
    Posted to ICIS Blogs (Weblog) by Anonymous on 05-14-2008
  • A tale of two outlooks – part 2

    In an early blog last July , I marvelled at the contrast between the then upbeat nature of financial markets, and the gloom apparent elsewhere. I suggested that these two views of life couldn’t ‘continue to exist alongside each other for ever’, and suggested that whatever scenario came out on top would...
    Posted to ICIS Blogs (Weblog) by Anonymous on 04-20-2008
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