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The dollar slipped on Monday; The Australian dollar led modest gains in Asia

June 22nd, 2020 (0)
The dollar slipped on Monday in a choppy session as investors tried to navigate their way through an unsettling rise in coronavirus infections and weigh whether it would delay an economic recovery. The Australian dollar led modest gains in ...

iSignthis released a letter to Shareholders – Update

June 17th, 2020 (0)
Below is a letter to Shareholders – Update as it was released by iSignthis: Dear Stakeholder Today the ASX released yet another one side letter, without allowing the Company to tell its side of the story. The Company has complied ...

Euro hits 3-month high on Friday

June 5th, 2020 (0)
The euro jumped to a three-month high on Friday after the European Central Bank expanded its stimulus more than expected to prop up an economy dealing with its worst recession since World War Two. The ECB’s move supported appetite ...

Statistics, lies and the reservoir effect

June 4th, 2020 (0)
This article debunks the misconception that GDP represents economic health. It explains how monetary flows have led to markets in financial assets inflating while non-financials in the GDP bucket are in deep distress. And why, at a time of ...

Time to learn about money

May 14th, 2020 (0)
  An unexpected destruction of fiat currency has been advanced by the monetary and fiscal response to the coronavirus. Financial markets have yet to discount the possibility of such an outcome, but in the coming months they are likely ...

European Central Bank digital currency – a flight of fancy?

May 13th, 2020 (0)
Speech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Consensus 2020 virtual conference, 11 May 2020 11 May 2020 A recent survey among 66 central ...

European stocks fell sharply Wednesday; The biggest movers

May 13th, 2020 (0)
European stocks fell sharply Wednesday as concerns over a second wave of coronavirus infections, and the timing of a vaccine, weighs on investor sentiment. The pan-European Stoxx 600 dropped 1.6% in early trade, with autos falling 3.1% to lead ...

European markets climb as more restrictions are lifted

May 5th, 2020 (0)
The pan-European Stoxx 600 climbed 1.4% by early afternoon, oil and gas stocks surging 5.2% to lead gains as all sectors and major bourses traded in positive territory. European markets are paying close attention to coronavirus developments and the ...

Dollar slips against commodity currencies; the euro was down against the pound

April 23rd, 2020 (0)
The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. As Brent crude surged on signs ...

Business investment up to 25.8% in the euro area

April 9th, 2020 (0)
In the fourth quarter of 2019, before COVID-19 containment measures began to be widely introduced by Member States, the business investment rate was 25.8% in the euro area, compared with 23.7% in the previous quarter. The business profit share ...
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