Forex basket. 7/9/15

09
Jul
09 Jul 2015 In Financial Literacy/Wealth Tips, Banking Comments Off on Forex basket. 7/9/15

Asia UP, Europe UP, US Futures UP, ISX UP, Forex Basket UP. IKO UP.

4:38 AM….Asia UP more, Europe UP more, US Futures UP more, ISX Holding Steady, Dong just moved 475 points. Going back to bed.

10:20 AM…All good except Brazil (which is never good). Forex still active and basket moving. Can’t ask for much more than this.

The “now” seems settled compared to yesterday and this is good.
I resourced an article from Bloomberg News this morning which states the IMF predicts a global slowdown and specifically for the US Economy. However, the IMF states that Emerging Markets will reach a 4.3% growth compared to the world economy growth rate of 3.3%. Surprising to what we may see as a the big surge of wealth with the RV coming all the numbers the IMF has put out about projected growth are adjusted downward from earlier reports they put out this year. I get confused by what we see in the news and always wonder if that is by design or will we be waiting yet still? I want to believe!
Here is the link should anyone want to read the entire article:http://www.bloomberg.com/news/articles/2015-07-09/imf-cuts-world-growth-outlook-as-risks-rise-from-greece-to-china

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