Though the info below might be a bit outdated due to the last 3 few day of hysterical market drop which wipe off 2010 gains in all markets, I will still like to share my views for the month of April and do take 3 minutes of your time to read through.
1st Minute – Let us go through the indices
a) April is the month where indices continue their gain following the trend in March with exception in Hong Kong which follows the China Market which also took a dip due to the monetary tightening in the country. Both Hong Kong and China are among the worst performing countries in 2010.
b) Gold price surged 6.0% probably due to the expection of crisis coming up.
c) Vix index rose 25.4% in April in expectation of volatility ahead in Europe that that time
d) Baltic Index remains bouyant and up nearly 12% in April. Trade seemingly looks ok and going well.
2nd Minute – Let us look at the Greek Crisis for this month
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