Results for COFER
Edit

Returning to the Scene of an Accident

December 11, 2009
The market overreacted to the recent U.S. jobs report and while expectations of Fed policy have returned to status quo ante, the dollar has not. We suspect the dollar is therefore vulnerable to a renewed near-term setback. The yen is obviously exceptional and the dollar has already surrendered its job-induced gains. We would also discount sterling…
Returning to the Scene of an Accident Returning to the Scene of an Accident Reviewed by magonomics on December 11, 2009 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Treasuries and the Dollar

October 19, 2009
At the end of Sept, the IMF COFER data showed euro and yen reserve holdings rose faster than dollar holdings, even though dollar holdings rose as well. We are reluctant to read a new trend into one quarter's report. In addition, the TIC data shows foreign investors continue to increase their Treasury holdings.
Treasuries and the Dollar Treasuries and the Dollar Reviewed by Marc Chandler on October 19, 2009 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

COFER --Q2 Reserves

September 30, 2009
The most authoritative source of reserve data, the IMF's COFER data was just released for the second quarter. Central banks are rebuilding their reserves. Reserves peaked in Q2 08 at about $6.96 trillion. In Q1 09 they had fallen to $6.49 trillion and in Q2 they rose to $6.80 trillion.
COFER --Q2 Reserves COFER --Q2 Reserves Reviewed by magonomics on September 30, 2009 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

China, Russia, Middle East and Treasuries

September 29, 2009
Perhaps one of the most noteworthy developments at the recent G20 meeting is what wasn't said. There was no major call for a new international monetary regime or a new international reserve asset, like the Chinese and others pushed for at the previous G20 meeting. Similarly there were no calls from US or European officials for a renewed yuan a…
China, Russia, Middle East and Treasuries China, Russia, Middle East and Treasuries Reviewed by magonomics on September 29, 2009 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Dollar Worries Persist Despite Today's Gains

July 06, 2009
The dollar is posting broad based gains today, with the yen as the notable exception. Despite the upticks, which are carrying the greenback to the upper end of its recent consolidative ranges, there continues to be much talk about the dollar's future as the numeraire--the key currency in the world economy, especially ahead of the G8 meeting la…
Dollar Worries Persist Despite Today's Gains Dollar Worries Persist Despite Today's Gains Reviewed by magonomics on July 06, 2009 Rating: 5
Powered by Blogger.