Search Results for: German market
European stocks traded higher Thursday; This was the strongest performer
May 16th, 2019
European stocks traded higher Thursday as markets recovered from an early rattle caused by U.S. President Donald Trump’s renewed targeting of Chinese tech firm Huawei. The pan-European STOXX 600 hit a day high in late-morning trade. The STOXX 600 ...
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 ...
U.S. dollar traded close to a near two-year peak; Gold prices were little changed on Thursday
April 25th, 2019
Gold prices were little changed on Thursday as a firm dollar nullified support from faltering equities and a slew of weak economic data from far and wide that raised flags about the pace of global economic growth. Spot gold ...
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, ...
Euro held above a three-month low on Thursday; Australian dollar was up 0.6 percent
February 14th, 2019
The euro held above a three-month low on Thursday as improved Chinese trade data and hopes of progress in China-U.S. trade talks lifted risk sentiment, with the Australian dollar leading gains by more than half a percent. Even economic ...
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 ...
Dollar rose against most other currencies
February 11th, 2019
The dollar rose against most other currencies on Monday, holding near a six-week high as fresh worries about U.S.-Sino trade tensions and global growth drove appetite for safe-haven assets. “U.S.-China talks are the big focus for the week and ...
Review: European stocks were slightly lower Monday; Europe’s autos stocks led the losses
February 5th, 2019
European stocks were slightly lower Monday, as market participants monitored another flurry of corporate earnings results. The pan-European Stoxx 600 edged 0.2 percent lower during afternoon trade, with most sectors and major bourses in negative territory. Europe’s autos stocks, ...
Trade wars – a catalyst for economic crisis
February 1st, 2019
In my last article I used a proven accounting identity to show that the end result of President Trump’s trade tariffs would be to increase the trade deficit, assuming there is no change in the savings rate. The savings ...
A clear message to sellers of ‘fake’ online followers and ‘likes’ on social media
January 31st, 2019
New York attorney general sends clear message in settling with sellers of ‘fake’ online followers and ‘likes’ in first US settlement of its kind. New York’s attorney general Letitia James has stated she has resolved a probe into a ...
