The global capital markets remain calm after the surge in volatility seen over the last couple of weeks. Asian equities were mixed, with the Japanese, Australia and Indian shares gaining, but other large regional markets, like...
Even though a lot of the world is headed toward cashless payment, the central banks in the 19-nation eurozone keep minting small denomination coins by the ton. What’s behind this old habit? With more than...
The US S&P 500 failed to sustain the early upside momentum, but global equities are moving higher today, and there is some optimism on the trade front. Emerging market equities and currencies are also doing...
Markets were the lead story in October and definitely not a happy one. Instability, Rotation, Fed tightening, Trumpian unorthodoxy, Italian recalcitrance, Brexit ineptitude and, of course, the all-conquering overvalued FAANGs: all of them have contributed...
Overview: The US dollar is trading with a softer bias in tight ranges. The euro and sterling have been confined to yesterday’s ranges, while the greenback briefly traded above JPY113.00 for the first time in...
I think most people would agree that the Brexit process has not gone well so far. However, blaming Mrs May and her hapless ministers is perhaps too simple an explanation. After 45 years of integration...
Following a record injection via the medium-term lending facility yesterday, China’s officials unveiled a set of policies designed to support the weakening economy that soon could face a substantial drag from US tariffs. The effort...
The US dollar is slumping against all the major currencies in the aftermath of the hawkish Federal Reserve. In fact, the inability of the greenback to hold on to the gains scored in the initial...
So far the US, China, Euro Area, France, Italy, Spain and the UK have reported the first cut of Q1 GDP growth and all are either the same as for Q4 or lower and some...
There are ostensibly three main political forces in Italy. The Five Star Movement is seen as a populist party who’s agenda appears unique blend of right/left issues. From the March elections, it emerged as the...
The euro made a marginal new low early in European turnover and held barely above the spike low on March 1 to $1.2155. So far, today is the first session since January 11 that the...
The negative economic impact of Brexit has so far arisen from uncertainties inhibiting business investments and consumer spending, but, of course, major disruptions have not yet occurred because the UK is still a member of...
