This week was a mixed bag, and as always the news differed from nation to nation.

February 12, 2010 · Print This Article

There has been a lot in the news to cover this week, and we’re not talking just about the lead up to the Winter Olympics. The economic news from both the conventional reports, and from other news worthy stories, have had a major impact on investment and trading markets across the board this week. China has stepped in again to limit credit in an attempt to slow down their economic growth and prevent the economy from growing too fast and from becoming too leveraged on loans, credit, and interest. This has had a particularly strong effect on international stock markets and trading this week.

The news wasn’t relegated to Asia, as the EU has finally said they would help the nation of Greece with their debt problems in a bid to avoid the same disaster that happened when the nation of Iceland went bankrupt in 2008.

There is still general hope for some nations that positive retail sales early in 2010 may help spur job creation and GDP growth, and the full impact of the massive Toyota recalls has still yet to be fully experienced, but is of great concern to a lot of people.

Even beyond those stories, there is still plenty of news that has come from the normal economic reports that were released this week. So before you kick back to enjoy the beginning of the 2010 Winter Olympics, take a look at your fundamentals and technicals, close out those positions you won’t be paying attention to, and have a good look at this week’s installment of the week in review.

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