Search Results for: interest rates
Pound to Euro Exchange Rate: February Should be an Up-Month
February 2nd, 2017
Pound Sterling trades back above 1.17 against the Euro ahead of the all-important Bank of England event due at mid-day on Thursday, January 2. We saw GBP/EUR jump notably on the first day of what we believe could well ...
US Dollar Predicted to Turn Higher
January 31st, 2017
The Dollar has struggled through the course of 2017 as the solid run higher noted in late 2016 fades. There are a number of cause being attributed for the weakness; yet as we note in this piece consensus is ...
Demand Soars for Colored Diamonds
January 28th, 2017
Last spring, Mahyar Makhzani, a Geneva-based fund manager, placed a 4.08-carat pear-shaped gem against special ultrawhite paper and peered at it through his eyeglass. He liked what he saw. Several days later, after 10 minutes of negotiation on the ...
U.S. Stocks, Dollar Retreat as Trump Targets Trade: Markets Wrap
January 24th, 2017
Treasuries rise as Trump strikes protectionist tone on trade Crude slumps, gold rallies as haven trades back in focus U.S. stocks fell with the dollar while Treasuries gained as the Trump administration targeted reworking America’s trade relationships as investors ...
Is Europe Headed For A Political And Financial Crisis In 2017?
January 23rd, 2017
Is Europe Headed For A Political And Financial Crisis In 2017? While most eyes are on the dramatic shifts possible for U.S. economic policy as Donald Trump is sworn in as president on January 20, similarly deep political currents ...
Gold – a primer for 2017
January 22nd, 2017
You know when to buy gold: it’s when nearly every trader and commentator tells you that gold is going lower and you should sell it. This is Harry Dent on 10th January: “I still see gold landing somewhere between ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
Gold price above $1,200 for first time in two months
January 12th, 2017
A New Year rally for the gold price was given an unexpected “Trump bump” yesterday, says Reuters. Having risen from a low of $1,124 an ounce in early December, the metal hit a high of around $1,187 earlier this ...
How Did We Get 2016 So Wrong?
January 12th, 2017
Go through the late 2015/early 2016 articles published on this and similar sites and you’ll find a consensus that 2016 was going to be a really bad year. Corporate profits were falling, business inventories had spiked, and deflation was ...
A controversial Russian Ponzi scheme is betting on Bitcoin to relaunch in Nigeria
January 12th, 2017
A month after it suspended operations in Nigeria, Mavrodi Mondial Moneybox (MMM), a Russian Ponzi scheme with over 2 million participants in Africa’s most populous country, is already plotting its comeback. MMM claimed it had to temporarily close operations ...
