TradingFloor.com releases video on meeting of global central bankers Thursday 25 August 2011 PDF Print TradingFloor.com, the home of Saxo Bank's trading commentary, financial research and analysis, has released a video discussing the important meeting of a number of global central bankers at Jackson Hole in the U.S. The state of the economy and the more active role of central banks to help rectify this means that investors are keenly interested in the fact that a number of global central bankers are meeting in Jackson Hole. There is also a lot of interest in what Federal Reserve Chairman Ben Bernanke will or won't say when he addresses the meeting in a press conference. Steen Jakobsen, chief economist, Saxo Bank, discusses his views on the market expectations and what the likely outcome of this meeting will be in TradingFloor.com's latest video 'Constructive Jackson Hole solution or more of the same?' Last year, during the same meeting in a mountainside retreat, Ben Bernanke surprised everyone by announcing a second round of Quantitative Easing. With concerns about a double dip recession rising, people are expecting a big announcement this time around too. Steen Jakobsen believes that the main objective of Bernanke's press conference will be to avoid "Japanisation", which is a deflationary environment with low growth and low interest rates through more of the same monetary policy. Recent data also suggests that the U.S. economy is going to need some sort of help in the form on intervention in the fourth quarter. Steen believes that even though quarter two was a failure, Bernanke will continue to defend the easing concept, despite his reputation is on the line. Bernanke is expected to claim that without the easing concept, the situation would have probably ended up being much worse. A press conference by Jean-Claude Trichet the European Central Bank President, will follow that of Bernanke. He is also expected to defend the bank's previous actions in raising rates, despite receiving heavy criticism that this was out of sync with the rest of Europe. Steen states that the hope is that Trichet will now come up with some real solutions for the Eurozone's economic problems. This should hopefully mean the Eurozone will lean more towards solidarity and consolidation, thus getting rid of the pointless political battles which have been making the problems worse. About TradingFloor.com: TradingFloor.com is the web portal home of Saxo Bank's trading commentary, financial research and analysis. TradingFloor.com's diverse contributors who range from macroeconomists to trading advisors, all strive to deliver insightful, enlightened commentary on trading in the financial markets - particularly on forex and forex trading, equities, stocks and commodities. Tradingfloor.com also publishes periodical model-based research and analysis to help longer-term traders allocate funds between and within asset classes. TradingFloor.com's commentary and analysis is delivered in text and video via the website, where users can watch forex videos and receive information on products such as CFDs. The website is also embedded in all Saxo Bank's trading platforms. Users can also subscribe to content from TradingFloor.com, or from their favorite contributor, via RSS feed or via Twitter. PR contact: Jeanette Nielsen PR Manager Saxo Bank 40 Bank Street Canary Wharf London E14 5DA +45 3977 6416 www.saxobank.com This press release was distributed by ResponseSource Press Release Wire on behalf of pr-sending-enterprises in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.