International Issues for Next Week

Last week 

TrendCalls Team said 

Dollar is on dooms day scenario with pauses in between. We also said Now on  Japan will join America in their effort to create excess liquidity. If you had read that you can evaluate that we were right on both the counts. In this issue we will discuss what would be the impact of the above mentioned statements. Mr Bernanke is on free will of expanding the monetary supply. Dollar is the only Reserve currency in this World till now, but it has no real denominator for itself. It is the confidence of the world in America that gives its real value. But 

TrendCalls Team believe that confidence was shaken in 2008 crisis itself. We add to this statement that every country which exports, counts its value in dollar denominated assets. We think that a small shift from the Reserve banks of the Worlds can create Tectonic shift in the currency markets,  which will create havoc for commodities & equities World wide.

Views given by TrendCalls Team