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I for one can’t wait for a quadrillion. Nothing could so far both implicate economists as well as demonstrate the folly of following them like the potential for the Bank of Japan’s balance...
To-morrow every Fault is to be amended; but that To-morrow never comes.” – Benjamin Franklin (ed.), Poor Richard’s Almanack Yes, the market did indeed turn in its first 1% down day...
Yesterday mainly saw the dollar moving higher. I had expected for it to complete that move but it ran right through to this morning. I suspect that by European open we’ll have seen the dollar...
There hasn’t been a major overhaul of the tax code in three decades. More notably, Reagan’s signature achievement required four years of deal making between the executive and legislative...
Frank Holmes of U.S. Global Investors brings us seven big reasons to be bullish on Emerging Europe as an investment vehicle right now.1. Eurozone PMI at a Six-Year HighFor the month of March, the...
Less than a year after her country voted to leave the European Union, U.K. Prime Minister Theresa May officially put in motion the separation procedure that should wrap up in the spring of 2019....
Brexit: the end of an era and the start of something new.Today, Britain will make the monumental step of triggering Article 50. Today, the world looks on as history is made. Prime minister Theresa May...
EUR/USD cannot hold the optimism from Monday and closes the gap falling below the 1.0840 support. We are about to test the neck line and the mid-term up trendline. As long as we stay above those two,...
Earlier today, I had the opportunity to discuss the outlook for sterling and the US dollar on Bloomberg TV with Rishaad Salamat and Haidi Lun. It is a momentous day with Article 50 of the Lisbon...
Last week the US dollar continued falling. Stock prices also showed negative dynamics. However, no significant economic data were released from Monday to Thursday. The main negative factor for the US...
U.S. traders came in and pressed the ‘risk on’ button, helped by a cracker of a consumer confidence print, with the index reaching levels of confidence last seen in December 2000....
According to the INSEE preliminary estimate, the French fiscal deficit reached 3.4% of GDP in 2016, i.e. 0.1 point higher than the government’s target of 3.3% and 0.2 point lower than the 2015...
Imagine a world where soldiers can take out the bad guys without putting their own lives on the line.Or a world where farmers can plant their fields — without stepping foot outside… Or...
EUR/AUDToday’s support: - 1.4124, 1.4098 and 1.4083 (main), where correction is possible. Break would give 1.4071, where correction also may be. Then follows 1.4046. Break of the latter would...
PM Theresa May set to trigger Article 50 today - this presentation outlines future events to look out for.Brexit letter to the EU a few pages long, probably repeating PM May's 12 Brexit principles. PM...