Global Economic Crisis

Some good news for global investors. The global stocks have seen a slight increase in the markets stocks. The Mexican stocks saw an increase in their points as the investors saw some signs of recovery the world over and are optimistic about the U.S. economy’s recovery. The asia stocks too saw a slight increase with the same news circulating markets.
Even thou the companies have not started hiring in U.S. and the threat of European debt crisis affecting the global economy and the world going into another recession. The peso closed stronger than the previous day against the dollar and from the looks of it the climb will most probably continue in Mexico and Asian markets.
But other than some Asian markets and Mexico reported gains, the rest of the international markets showed a mixed response and it seems it is too early to predict a global recovery. The Federal Banks reported that the economy has enhanced throughout the U.S.
The Mexican economy is very much dependent on the economy of U.S. and the stocks are affected by the economic conditions in the U.S. The Mexican inflation also fell thereby giving the policy makers space to keep low interest rates.

This entry was posted on Tuesday, June 15th, 2010 at 9:40 pm and is filed under Debt, Economy, Global Financial Crisis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.