By Cliff Wachtel: It's a typical mid-month light economic calendar, made lighter by widespread August vacationing that encourages quiet low volume trading barring any nasty big surprises.Here's what to monitor.1-3. FUNDAMENTALS
1. Surprise EU Related Events
We’ve all been there. Business projects that start out full of excitement and promise lose focus and energy until it seems like they’re a long way from that goal that once seemed so promising. So how do you keep your projects on track?
African Eagle has announced the appointment of Aidan Schoonbee as project manager for the development of its flagship Dutwa nickel project in Tanzania. Mr Schoobee, with his experience in extractive metallurgy, bolsters African Eagle#8217;s project management, which recently saw the appointment of Trevor Moss as CEO (former COO at Nevsun Resources#8217; Bisha Mine in Eritrea).
FXedu submits:This is the question that will be asked and answered this week as rate policy meetings around the globe have varying results. It is no secret that commodities prices are higher (particularly oil) and that inflation is making the rounds through economies around the globe, thanks to Big Ben and the US Fed and the money pump they are providing.
The Christian Science Monitor - Even new employment figures show the US economyâs strongest job-creation performance in three years, the Obama White House knows that talking to Americans about jobs requires a delicate political dance. The political challenge is to remind voters that progress is being made in battling unemployment as the 2010 congressional elections approach, while at the same time not appearing oblivious to the economic distress felt by the jobless. New figures highlight both sides of the coin.