Search Results for: japan
For those who don’t understand inflation
June 14th, 2019
This article is a wake-up call for those who do not understand the true purpose of monetary inflation, and do not realise they are the suckers being robbed by monetary policy. With the world facing a deepening recession, monetary ...
Swiss regulator fines banks for fixing forex trading
June 14th, 2019
Five banks have been fined a total of 90 million Swiss francs ($90.5 million) for colluding to rig the multi-trillion dollar foreign exchange market, Switzerland’s competition authority said on Thursday. The Swiss fines come on top of 1.07 billion ...
The Terrifying Truth About Negative Interest Rates
May 29th, 2019
Pushing interest rates below zero is both an act of desperation and something that in theory should have a huge, immediate impact of the behavior of borrowers and savers. The fact that negative rates have become the new normal ...
Early Monday Review: Euro little moved as EU vote shows limited gains by nationalists
May 27th, 2019
Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend’s European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc. The euro was a shade higher at $1.1211, ...
Post-tariff considerations
May 17th, 2019
President Trump has declared he will extend tariffs of 25% on all America’s imports of Chinese goods. China is responding with tariff increases of its own. The consequences of this action and reaction will be to kick-start higher ...
European stocks traded higher Thursday; This was the strongest performer
May 16th, 2019
European stocks traded higher Thursday as markets recovered from an early rattle caused by U.S. President Donald Trump’s renewed targeting of Chinese tech firm Huawei. The pan-European STOXX 600 hit a day high in late-morning trade. The STOXX 600 ...
Yen gains but yuan, Aussie dip as U.S.-China trade war escalates
May 13th, 2019
The safe-haven yen edged higher and the Chinese yuan and Australian dollar dipped early on Monday after the latest escalation in the trade war between the United States and China. The world’s two biggest economies appeared at a deadlock ...
Europe stocks seen mixed as trade war fears continue
May 8th, 2019
European stocks were seen mixed Wednesday morning as the escalating threat of a trade war between the U.S. and China continues to weigh on major markets. The pan-European STOXX 600 index dropped 0.14% after the bell, with the travel ...
Cyber wars and all that
May 3rd, 2019
Behind the Huawei story, we must not forget there is a wider financial war being waged by America against China and Russia. Stories about China’s banks being short of dollars are incorrect: the shortage is of inward capital ...
The US Government Debt Crisis
May 2nd, 2019
This article explains why the US Government is ensnared in a debt trap from which there is no escape. Its finances are spiralling out of control. In the context of a rapidly slowing global economy, the budget deficit ...
