Search Results for: Asian trade
Euro at one-month low vs dollar; yuan set for worst month since 1994
August 30th, 2019
The euro plunged to a one-month low against the dollar on Friday, as investors looked for aggressive easing by the European Central Bank and ignored doubts by some policymakers about the need for more stimulus. Poor euro zone economic ...
Our costly dalliance with Lord Keynes
August 28th, 2019
In “The General Theory of Employment, Interest and Money”, Keynes virtually created macroeconomics. But Keynes was a mathematician, not an economist, and did not fully understand free markets, so he was hardly qualified to emerge as the most ...
The reasoning behind Gold’s breakout
August 1st, 2019
Gold’s dramatic move above $1400 has caught the investment establishment by surprise. Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the estimated $250 trillion of global investment values. As well as ...
Currencies Update: Buoyed dollar sends euro, sterling to 2 1/2-year lows
August 1st, 2019
Gains by the dollar after the Federal Reserve cut interest rates sent the euro to a 26-month low against the U.S. currency on Thursday, as investors decided a lengthy Fed easing cycle was unlikely after the first rate cut ...
A whale is accumulating silver futures
July 12th, 2019
Silver’s recent price performance has been disappointing. Normally, it is almost twice as volatile as gold, so when the gold price rises 11%, as it has since last December, you would expect silver to rise about 20%. Instead it ...
The financial war escalates
July 3rd, 2019
Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time of growing liquidation of dollar assets by foreigners, the US Treasury’s internal analysis will highlight ...
Emerging Currencies Review: Currencies and stocks gain, led by Chinese markets
June 12th, 2019
Emerging markets gained on Tuesday as the Chinese government moved to support its stocks and currency, but new tariff threats in the U.S-China trade war kept risk appetite subdued. MSCI’s emerging-market shares index rose to its highest in nearly ...
Gold prices steadied on Wednesday
May 15th, 2019
Gold prices steadied on Wednesday, having retreated from a one-month peak hit in the previous session as optimism surrounding trade talks between Washington and Beijing soothed investor concerns, boosting global stocks and the dollar. Spot gold was steady at ...
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 ...
Gold prices edged up on Monday as the dollar eased
February 25th, 2019
Gold prices edged up on Monday as the dollar eased after U.S. President Donald Trump said he would delay an increase in tariffs on Chinese goods as trade talks between the two nations were making progress, while palladium hit ...
