IEA warns on the increase in prices for raw materials

The International Energy Agency (IEA) today warned that the global recovery is in danger should pass stimulus provides the Federal Reserve – appointed by Nick QE2 - rising commodity prices. Eduardo Lopez, senior analyst of oil demand of IEA, stated that a weakness of the dollar from the "printing" Fed more money to facilitate credit refers to the United States, could lead to lower prices that those goods are traded in U.S. dollars.

"If commodity prices from arises even further, it could disrupt recovery," explains during a Conference at Singapour.QE2 could inflate prices in nominal terms due to inflation and could derail recovery.»

Source: Reuters

Filed under: Forex Round Up, USD, EUR, GBP, CHF, JPY, AUD, CAD.

America's economy is less than expected increase, if it is.

October 21, 2010.

Now promise of lower than expected economic data, United States was increased by USD in On the other hand, data itself very not bad: slightly, manufacturing conditions improvement became the increment claims, increases the leading indicators. USD Pro now 1. 3872, low daytime sp 0zł acanego to, after you remove approximately 1. 4027.

K k 452 initial growth claims 475 (revised from 462 k) became the last week. The actual value was near the prediction of 454 k.

September from in October in Philadelphia Fed index increased reading 0, 7. The above means, condition improvement analyst expectations increase 2.3.0.0 figure.

United States leading index increased 0.3 percent in September in increase of 0.1% as a result of the August growth of 0.4% expect.

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Tags: initial growth claims, leading indicators, Philadelphia Fed

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