A great rebalancing of the global economy is in motion.
No longer just a trend, globalization is now the dominant business environment and we are seeing new patterns of trade clearly emerge.
New patterns of trade emerge
Today, there is a net redistribution of wealth away from the rapid-growth economies — a process accelerated by the financial downturn and the economic recession that it has caused. Companies from those rapid-growth markets are now challenging the giants of the Fortune and Forbes lists.
We are witnessing a surge of investment from west to east, some of it speculative but much of it the result of by individual businesses decisions.
Focusing on west to east misses the important east to east and growing east to west dimension. And centering on flows to India and China misses the far greater increase that is happening within regional blocs closer to home.
Although global trade collapsed during the financial crisis, it has since bounced back strongly, led by trade among emerging markets.
But what remains unclear is whether the key trends of the past ten years can be expected to extend into the coming decade, or whether the global financial crisis has changed the dynamic of the global economy, resulting in new patterns of international trade.
A model of future international trade patterns for the next 10 years
Working with Oxford Economics, we have sought to model the future patterns of international trade for the next 10 years.
The report includes:
World trade has recovered strongly following the global financial crisis. But rather than a return to business as usual, we are now seeing new patterns of international trade emerge.
You don't know what you don't know
"it has to be lack of knowledge"
reeks of inexperience and ignorance.
If you wish to come off here as a highly successful forex trader, you can probably fool many of the folks here.
Don't forget that there's a few here you cannot.
Why don't you begin with a short assessment of your perspective on the relationship of the fixed income markets, the stock markets, trade and CA balances (regionally) to your favorite subject, FOREX? Certainly, knowledge of global central bank operations and current CB trends and statements are items you absolutely can not miss