Hirose News|February 24, 2014 12:00 PM

Some announcements that may impact the markets this week

Big news for this week!

Below are some announcements that may impact the markets this week:


The US dollar reversed last week's slide against the Yen and made good gains on the expectation that the Fed will continue to cut the stimulus while the BoJ maintains the bond-purchase plan.

Investors have become increasingly worried about the prospects of emerging markets as inflationary pressure starts to build in some areas, growth appears to be slowing in China and the US cuts the stimulus.  Surprise rate hikes in Turkey and South Africa have actually led to a currency flight to safety.  The Rand now stands at a rate last seen in 2008, almost halving in value against the Euro since 2011.

If you are looking for a cheap holiday, South Africa is one destination to bear in mind.  But be warned, the Rand could get cheaper still!