Search Results for: Dollar
The Terrifying Truth About Negative Interest Rates
May 29th, 2019
Pushing interest rates below zero is both an act of desperation and something that in theory should have a huge, immediate impact of the behavior of borrowers and savers. The fact that negative rates have become the new normal ...
Early Monday Review: Euro little moved as EU vote shows limited gains by nationalists
May 27th, 2019
Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend’s European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc. The euro was a shade higher at $1.1211, ...
Post-tariff considerations
May 17th, 2019
President Trump has declared he will extend tariffs of 25% on all America’s imports of Chinese goods. China is responding with tariff increases of its own. The consequences of this action and reaction will be to kick-start higher ...
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 ...
Yen gains but yuan, Aussie dip as U.S.-China trade war escalates
May 13th, 2019
The safe-haven yen edged higher and the Chinese yuan and Australian dollar dipped early on Monday after the latest escalation in the trade war between the United States and China. The world’s two biggest economies appeared at a deadlock ...
Binary Options trading firm and its principals charged with $4.8 million fraud scheme
May 9th, 2019
The Commodity Futures Trading Commission (CFTC) has issued an announcement to inform about the filing of a civil enforcement action (Complaint) against William Thomas Caniff of Steubenville, Ohio, Arie Bos, of Rotterdam in the Netherlands, their company, Berkley Capital ...
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 ...
The US Government Debt Crisis
May 2nd, 2019
This article explains why the US Government is ensnared in a debt trap from which there is no escape. Its finances are spiralling out of control. In the context of a rapidly slowing global economy, the budget deficit ...
The Lesson Of Argentina: You Can’t Stabilize A Bankrupt Economy
May 2nd, 2019
So the U.S. puts Republicans (the party of small government) in charge, and gets… trillion dollar deficits as far as the eye can see AND a revival of socialism among Democrats. Scary as this may seem, the real (and ...
Wrong handling of user data may cost up to $5B for Facebook
April 25th, 2019
Facebook said Wednesday it expects to shell out between $3 billion and $5 billion to settle the FTC’s ongoing investigation into its handling of user data, foreshadowing a potentially massive penalty from the nation’s top consumer protection agency. The ...
