A portion of the national pension fund, he said, could be invested in shares of infrastructure companies to ease volatility in the stock market.
And while large institutions charge too much for FX when times are good, in periods of volatility, they have more tools to manage risk and ease volatility.
The effort to flush out speculators won't, however, do much to ease price volatility.
Peel Hunt analyst Gavin Jago said: Bellway has seen continued strong demand, pricing ahead of expectations and an easing in volatility in labour availability.
Earlier this month a report from the World Trade Organization and other international agencies recommended that governments cut support for biofuels to ease that volatility.
Japan's Finance Minister, Kiichi Miyazawa, has already discussed measures to ease the volatility of capital flows with Treasury Secretary Robert E. Rubin and with his British counterpart, Gordon Brown.
Volatility eased slightly on Tuesday as the Cboe Volatility Index fell 5% to below 24, but it's still above the historic mid-teens average and elevated significantly from a month ago when it was below 12. Another thing to consider keeping an eye on is the 10-year Treasury note yield, which bounced to nearly 3.12% by the end of the session Tuesday from lows below 3.08% earlier.
NEW YORK TIMES A Tranquil Month for Stocks | Volatility eased in January, and the so-called fear index, or VIX, fell below a reading of 20 for the first time since July, The New York Times reports.
As investors digested these new developments affecting two of the major global storylines, volatility eased and the dollar gave up some of its recent gains.
The VIX, a measure of stock market volatility, which eased last week, snapped back by about one-third on Thursday, to a reading of 42.67, suggesting that investors had grown more fearful.
