US Nonfarm payroll will improve

US will be on the way to recovery, EU’s situation will be clear in Q1, 2012. We will see where the world is going to.

Source: FX Street

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SNB steps in to weaken Swiss franc

The Swiss National Bank took the extraordinary steps on Tuesday of setting a minimum rate for the franc against the euro and pledging to buy unlimited quantities of foreign exchange if necessary, its latest bid to contain the country’s surging currency.

Source: FT

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Amazon’s Kindle Tablet

Amazon’s 7-inch Kindle Tablet has been rumored for what feels like an eternity, but now demo models are making the rounds. The upshot: The Kindle Tablet features a fork of an earlier version of Android, integration with Amazon services and a price that will garner more than a few orders

  • 7-inch touchscreen;
  • $250;
  • 6GB built-in storage;
  • Runs a version of “prior” to Android 2.2, but is so customized you won’t care;
  • The UI is a Kindle interface similar to its iPad and iOS apps;
  • And Amazon’s app marketplace is the lead market.

Source: ZDNet

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Europe will save Greece ultimately

There is no alternative solution for the short term, whether Greece meets the needs from EU or not. EU can’t afford this problem to be split over to Spain or Ireland or Italy. In the longer term, Euro will be challenged. To leave (forced or not) can be an option for Greece.

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Manufacture Production Indication is a blow for UK

It turned into negative during December. Definitely, BoE is not going to increase interest today. They’re struggling

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