Search Results for: Bank of China
The euro held near a 10-day low on Monday
November 25th, 2019
The euro held near a 10-day low on Monday after posting a weekly loss as investors remained cautious about the outlook for the euro zone economy in the near term. Though latest data showed business morale in Germany, Europe’s ...
Plans for a global Dystopia
November 14th, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable ...
European shares set to drift lower on growth concerns
November 14th, 2019
European stocks may drift lower at open on Thursday as weaker-than-expected economic data from China and Japan stoked worries that a global slowdown is deepening. China reported unexpectedly weak data, with industrial output and retail sales growth coming in ...
European stocks open slightly lower; Asian markets were mixed
October 29th, 2019
European stocks opened slightly lower on Tuesday morning as traders monitor progress in U.S.-China trade discussions and a fresh push from U.K. Prime Minister Boris Johnson for an early general election. The pan-European Stoxx 600 was 0.13% lower shortly ...
Most Asian currencies inch up
October 25th, 2019
Most Asian currencies edged up on Thursday ahead of central bank policy meetings and in the absence of new signals or developments in the Sino-US trade war and the Brexit saga. Indonesia’s central bank is widely expected to cut ...
Money and the theory of exchange
October 23rd, 2019
Evidence mounts that the global credit cycle has turned towards its perennial crisis stage. This time, the gathering forces appear to be on a scale greater than any in living memory and therefore the inflation of all major ...
European stocks traded mixed Wednesday
October 23rd, 2019
European stocks traded mixed Wednesday after British lawmakers forced Prime Minister Boris Johnson to pause the progression of his Brexit deal. The pan-European Stoxx 600 pared early losses to trade just 0.1% down by mid-afternoon, financial service firms leading ...
UPDATE: US stock futures advanced; Asian stocks closed mixed; Stocks advanced in Europe
October 15th, 2019
US stock futures advanced, while Asian stocks closed mixed on Tuesday as markets tried to balance fading optimism over the latest US-China trade agreement with the likelihood of a Brexit deal by Thursday’s European Union summit. In South Korea, ...
The world’s most-used cryptocurrency isn’t Bitcoin
October 4th, 2019
What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong. While concrete figures on trading volumes are hard to come by in ...
An Inflationary Depression
October 4th, 2019
Financial markets are ignoring bearish developments in international trade, which coincide with the end of a long expansionary phase for credit. Both empirical evidence from the one occasion these conditions existed in the past and reasoned theory suggest ...
