PanOrient News

Market Radar: Lower Prices Ahead

Wednesday, September 1, 2010

By Bill Sarubbi
Cyclesresearch.com

I am pleased to inform everyone that Cycles Research, the service upon which the Market Radar columns are based, has been ranked number one in stock market timing for the past six months by Timer Digest, an independent rating service in the United States.

Last Thursday's sentiment survey from the American Association of Individual Investors shows about 21% bulls. That is the lowest percentage of bulls since March 2009. That was the fifth-lowest weekly b...

Taking a Whack at the High Yen

Monday, August 30, 2010

Tokyo -- Japanese officials took a whack the appreciating yen today, but it seems unlikely that the measures will have their intended effect.

The Bank of Japan (BOJ) policy board will offer domestic financial institutions an additional 10 trillion yen (about US$119 billion) of six-month loans. Meanwhile, the Kan administration also announced that it would offer a new stimulus package for the economy worth 920 billion yen (about US$11 billion).

The immediate market reaction to these announc...

Okada Reiterates Interest in Mongolian Resources

Monday, August 30, 2010

Tokyo -- Following his visit to Beijing, Japanese Foreign Minister Katsuya Okada flew to Ulan Bator to meet his counterpart Gombojav Zandanshatar as well as Mongolian President Tsakhiagiin Elbegdorj.

This was the first visit of a Japanese foreign minister to Mongolia in six years.

At the meeting with Mr. Zandanshatar, Okada reiterated Japan's strong interest in participating in the exploitation of Mongolia's coal, copper, and uranium resources.

Mongolia, in turn, is expected to work to ...

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