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Chestnuts roasting on an open fire might be Europeans' best chance to stay warm. Europe is hoping for coal in its stocking as cold temperatures across the continent unmask its poorly planned and...
Brace yourselves; winter is coming. And this time, I’m deadly serious, as there is a global energy crisis. Not only does gold lack energy to fuel its rally right now, but people from all over the...
The Fed's hawkish pivot came a few weeks before yesterday's FOMC meeting, which confirmed more or less what the market had already largely anticipated. Buy the (dollar) on rumors (of tapering and more...
The US dollar was trading with a bit of heavier bias against most of the major currencies as the focus turns to today's FOMC meeting, where a clear consensus has emerged in favor of faster tapering...
A Fed announcement to speed up asset purchases should continue to support the dollar while the potential introduction of a third asset purchase program by the ECB may weigh on the euro. A Bank of...
The Central Bank of Turkey continues to intervene in FX markets and sell USD/TRY, citing 'unhealthy price formations in exchange rates.' In Brazil, the local central bank is also selling dollars, but...
OPEC and the International Energy Agency (IEA) have differing views on the outlook for global oil markets. Now one would assume they would lean towards the OPEC outlook because, let’s face it, the...
Activity in the capital markets was subdued today, ahead of tomorrow's FOMC meeting conclusion and the ECB meeting on Thursday. The MSCI Asia Pacific equity index fell for the third consecutive...
Equities, bonds, and the dollar began the new week on a firm note. Japanese, Chinese, Australian, and New Zealand equities advanced in the Asia Pacific region. Europe's Stoxx 600 was snapping a...
The Biden administration is starting to realize that their policies of engaging and appeasing Iran have failed. The administration’s desperation to get back into the flawed 2015 Joint Comprehensive...
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