Leading participants in the WTI Karagich István from Hungary and Mariusz Ganczar from Poland are calling the right direction in forex and are making extraordinary gains. Still everybody is talking about depression, with millions of people without jobs while a few participants of the WTI with expertise are making lots of money.
Last week the US Labor department issued a worse than expected jobs report. By the US government's count a record 14.7 million are now unemployed, or 9.5% of the active population, the same percentage in the eurozone. Goerge Soros however said that the crisis is ''behind us''. So will the stock market be a safe place to put money in the second half of the year?
China wants to add a new global reserve currency debate in the next G-8 and France is now joining the group which also includes Russia. A global dollar unease is starting to make way. The IMF announced it will issue bonds denominated in a basket of currencies including dollar, euro, pound and yen, and China, Brazil and Russia already promised to buy 70 billion of those bonds.
Until next week
