« August 2008 | Main | October 2008 »

September 2008 Archives

September 4, 2008

Thai markets maintain retreat

The Stock Exchange of Thailand (SET) remained open at the start of trading on Wednesday, despite the state of emergency declared by Prime Minister Samak Sundaravej in the wake of widespread street protests and confrontations accompanied by the threat of strikes, particularly in the utilities and transportation sectors. Although Thai equity markets have been down over 25% in the past three-and-a-half months, they are at present proving relatively resilient in the short term, given the circumstances.

Continue reading "Thai markets maintain retreat" »

September 11, 2008

Russian equity flight accelerates

Russia's stock markets, hit hard by declines in world energy and commodity prices and done no favors by the Kremlin's decision to invade Georgia last month, are now declining at an even faster pace.

Continue reading "Russian equity flight accelerates " »

September 17, 2008

Can Belgium Still Exist?

In mid-July, the Belgian prime minister Yves Leterme (Christian-Democrat Flemish party, CDV) tried to resign: for the third time. King Albert II once more refused to accept the resignation and appointed a three-person commission to resolve the deadlock. This week it reports back to him, although the verdict will not be known for some days.

Continue reading "Can Belgium Still Exist?" »

September 19, 2008

Gold: Why Asia was spot on

Just as people who study oil prices look too much at the New York and London spot price, those who study gold prices look too much at the New York spot price and the twice-daily London fixes. Wednesday's phenomenal rise in the price of gold in New York was presaged in Asia. The day before, the spot price rose US$20 in Asian markets as investors dumping stocks began to shift to gold as a safe haven.

Continue reading "Gold: Why Asia was spot on " »

RSS feed Atom feed Follow Facebook Networked Blog Twitter

About September 2008

This page contains all entries posted to Robert M. Cutler on Energy and Eurasia in September 2008. They are listed from oldest to newest.

August 2008 is the previous archive.

October 2008 is the next archive.

Many more can be found on the main index page or by looking through the archives.

Powered by
Movable Type 3.33