Search Results for: FIS
European stocks were mixed on Wednesday; The biggest movers
October 7th, 2020
European stocks were mixed on Wednesday morning as investors digested a robust round of earnings and President Trump’s decision to halt stimulus talks until after the November election. The pan-European Stoxx 600 hovered just above the flatline in early ...
Rollercoaster Pound Sterling ride
October 2nd, 2020
After an early slide, Sterling was subjected to high volatility as reports of a potential landing zone for level playing field and fisheries issues were quickly denied by EU sources. Sterling ended the European session with limited net losses ...
Lessons on inflation from the past
September 25th, 2020
This article examines two inflationary experiences in the past in an attempt to predict the likely outcome of today’s monetary policies. The German hyperinflation of 1923 demonstrated that it took surprisingly little monetary inflation to collapse the purchasing ...
Demand for safe-haven assets boosted the U.S. dollar causing most Asian currencies to falter
September 22nd, 2020
Stock markets in Indonesia, Philippines and South Korea declined more than 1% on Tuesday as rises in coronavirus cases locally and globally dampened hopes of a swift economic recovery. Indonesian 10-year benchmark yields are up about 2.90 basis points ...
Inflation, deflation and other fallacies
September 15th, 2020
There can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there are bound to be twists and turns yet to come. This article explains the fallacies behind ...
Emerging currencies fell
September 9th, 2020
Emerging market currencies fell as a sharp fall on Wall Street sent panicked investors into the U.S. dollar, with simmering Sino-U.S. tensions and concerns over an economic recovery adding to the mix. Amid concerns that a recovery in oil ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
Gold price rises above $2,000 for first time
August 6th, 2020
Gold has topped $2,000 (£1,527) an ounce for the first time as traders look for havens amid the pandemic. Investors have moved cash into the precious metal as Covid-19 cases rise in the US and more money is pumped ...
Possibly largest ever bust of banknote counterfeiters in the history of the euro
August 5th, 2020
Law enforcement authorities from Italy, Belgium and France, supported by Europol, dismantled an organised crime network involved in euro counterfeiting. The criminal network dismantled in Italy produced 25% of all counterfeit euro banknotes in circulation On the action day ...
Dominant currencies and the limits of exchange rate flexibility
August 3rd, 2020
Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and developing economies’ (EMDEs) currencies have weakened sharply. Will these currency ...
