Yes, they are connected. Dollars are created as debt. More dollars in circulation = more debt. More debt means consumption is “pulled forward” from the future so consumption can occur now....
The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for July new residential building permits. The latest reading of 1.223M was a decrease from...
The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for July new residential housing starts. The latest reading of 1.155M was below the ...
EUR/NOK. We have reached our 1M forecast of 9.30. As written in the last update, we think the near-term downside potential from here is more limited for two reasons. First, given below target ...
Market movers today In the UK, the key release today is the labour market report for June. Average weekly earnings growth has decreased in recent months and the subdued wage growth highlights the ...
The US economy continued to exhibit a moderate growth bias through July. Although the monetary backdrop still presents a mild headwind, the majority of key indicators published to date suggest that ...
US futures are pointing to a higher open on Wall Street on Wednesday, as risk appetite continues its recovery ahead of the release of the FOMC minutes from the July meeting. FOMC Minutes Could Offer ...
Perhaps the Federal Reserve can justify a rate hike given sluggish inflation, one may argue the ECB will not put their sole focus on inflation. Unemployment continues to fall in the Eurozone while ...
By Pinchas Cohen Key Events Following a lackluster Asian session, European shares rose as investors are hesitant ahead of the Federal Reserve minutes release. Yesterday, European trading gained as ...
EUR/USD is unchanged in the Wednesday session. Currently, the pair is trading at 1.1715, down 0.20% on the day. On the release front, euro zone Flash GDP edged up to 0.6% in the second quarter, ...
Yesterday’s data on US retail sales managed to prop up the US dollar. Traders again believed that the Fed’s FOMC will still raise rates this year. How long will this belief last? The ...
Huge inventory draw saves crude’s blushes as a stronger dollar twists the knife in gold’s side. The American Petroleum Institute (API) rode to oil’s rescue overnight reporting a ...
The Japanese yen and Swiss franc remain heavy as the markets continue to shift away from the geopolitical risks. A return to the macroeconomic agenda is being deterred by new drama from Washington and...
GBP: Fresh 10 month lows as CPI stabilises The Brexit vote inflation wave may have already crested and while yesterday’s reading is lower than the ones we saw a couple of months ago, it does not...
Will the FOMC minutes show more officials joining the cautious camp? Today, the main event will be the release of the July FOMC meeting minutes. The statement accompanying that decision was very ...
Dollar pares back some gains today but remains the strongest one for the week. FOMC minutes will be a main focus for the day which could decide whether the greenback can extend its rebound. So far, ...
Matthew Partridge’s Superinvestors: Lessons from the Greatest Investors in History: From Jesse Livermore to Warren Buffett & Beyond (Harriman House, 2017) is a superficial book. In about 150...
