Search Results for: Central bank of China
Dollar loses ground, pound gains as traders eye Brexit talks
November 16th, 2020
The dollar lost ground against other major currencies on Monday, while the pound and the euro drew strength from signs that Britain and the European Union could make progress negotiationg a post-Brexit trade deal. Sentiment across markets were mixed, ...
Fondex Adds Paymero as New Funding Method for Asian Clients
November 10th, 2020
Fondex, the multi-award winning and regulated online CFD broker, has declared yet another new addition to its various account funding methods – Paymero. Paymero is a world-class payment solution for Asian markets that offers Fondex clients the flexibility of ...
Strong growth in global investment demand for gold in Q3
October 29th, 2020
Global gold demand dropped by 19% y-o-y to 892t in Q3, as consumers continued to feel the impact of the COVID-19 pandemic. This was the lowest quarterly total since Q3 2009. The Year-to-date demand of 2,972.1t was 10% lower ...
The emerging evidence of hyperinflation
October 15th, 2020
Note: all references to inflation are of the quantity of money and not to the effect on prices unless otherwise indicated. In last week’s article I showed why empirical evidence of fiat money collapses are relevant to monetary ...
Lessons on inflation from the past
September 25th, 2020
This article examines two inflationary experiences in the past in an attempt to predict the likely outcome of today’s monetary policies. The German hyperinflation of 1923 demonstrated that it took surprisingly little monetary inflation to collapse the purchasing ...
Inflation, deflation and other fallacies
September 15th, 2020
There can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there are bound to be twists and turns yet to come. This article explains the fallacies behind ...
World Shares Update: World shares rose slightly on Monday
September 7th, 2020
World shares rose slightly on Monday after losing $2.3 trillion in the last two sessions in a technology stocks led rout as investors reassessed soaring valuations when the global economy is in a coronavirus-induced recession while oil prices dropped. ...
Gold prices retreated further on Thursday
September 3rd, 2020
Gold prices retreated further on Thursday, adding to its sharp drop in the previous session, after its safe-haven appeal was dented by a stronger U.S. dollar and an uptick in risk appetite following economic data that bettered expectations. Spot ...
Will a weak dollar bail out emerging markets? Nope
August 24th, 2020
Back in the simpler days of 2019, there was this (now completely forgotten) impending crisis in which emerging market countries’ dollar-denominated debt was going to blow up their – and by extension the rest of the world’s – economies. ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
