Search Results for: Asian trade
Currencies threatened by a credit crisis
February 15th, 2019
In this article I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today’s unbacked currencies. There is the coincidence of trade protectionism with the top of the credit cycle, ...
UPDATE: European shares edge up as earnings growth expectations stabilise
February 13th, 2019
European shares edged up on Wednesday as optimism about Washington and Beijing trade talks lifted global markets and data showed earnings growth forecasts for Europe are stabilising after steep downward revisions. The pan-European STOXX 600 was up 0.3 percent ...
Gold reaches seven-month high as dollar struggles
January 30th, 2019
Gold climbed to a seven-month high on Tuesday and stocks were back on the up too, as investors dug in for three days of political and economic drama and a blizzard of big tech earnings, starting with Apple later. ...
Stocks across Asia kicked off the week with strong gains; Events investors focus on this week
January 7th, 2019
Stocks across Asia kicked off the week with strong gains after soothing Federal Reserve comments and an easing of monetary policy in China stoked a renewed appetite for risk assets. The dollar fell to the lowest in more than ...
What to watch in European stocks this morning
January 2nd, 2019
New Year, Same as the Old Year Stocks in Asia sank, oil erased gains and jitters gripped markets about slowing growth in China. It would appear 2019 is starting off with much the same tone as last year finished ...
US dollar drifted lower against its most major counterparts
December 28th, 2018
The US dollar drifted lower against its most major counterparts in the European session on Thursday, with political uncertainty in the US and global economic growth worries denting sentiment. With the shutdown entering the sixth day on Thursday, President ...
Huawei global chief financial officer arrested in Canada
December 6th, 2018
Canada has arrested Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States, Canada’s Department of Justice said Wednesday. The arrest is related to violations of U.S. sanctions, a person familiar with the ...
Gold is setting up for a nice first-half rally
November 28th, 2018
Precious metals investors don’t have much to console them these days. Just about the only bright spot is the nice, though ephemeral, pop in the gold/silver price that seems to happen every January. Sometimes it persists for six or so ...
Why interest rates are rising long-term
November 23rd, 2018
There are growing expectations that the current cycle of rising interest rates will result in a deflationary recession. While a credit crisis is increasingly likely to evolve in the coming months, it is a highly inflationary situation. A ...
European shares likely to open mixed as pound plunges on Brexit divide
November 16th, 2018
European stocks may open on a mixed note Friday after the pound suffered its biggest one-day loss against the euro since October 2016 amid a deepening crisis for UK Prime Minister Theresa May. Four ministers, including Brexit Minister Dominic ...
