Search Results for: Global gold
We should ditch GDP as a measure of economic activity
October 10th, 2018
This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as economic growth owes its meagre validity to imprecise definition. An ...
Italy Calls Europe’s Bluff — And The Euro Loses Either Way
October 4th, 2018
When Italy elected a bunch of rowdy populists back in March, the rest of the eurozone assumed (or at least hoped) that the weight of responsibility would bring Rome back into line. But so far the Italians appear to ...
Euro to Dollar fell 0.2 percent, Asian stocks trade mixed; Key events coming up this week
October 2nd, 2018
Asian stocks were mixed Tuesday after a muted U.S. trading session, with Japanese shares extending gains as the yen remained under pressure. The dollar pushed higher as emerging-market currencies slid, led by Indonesia’s rupiah. The Nikkei 225 Stock Average ...
Will Britain ever manage to leave “Hotel California”?
October 1st, 2018
ast thing I remember, I was Running for the door I had to find the passage back to the place where I was before “Relax” said the night man, “We are programmed to receive. You can check out any ...
Asian Stocks Mixed, Yen and British Pound were steady; Key financial events coming up
September 26th, 2018
Asian stocks were mixed as traders awaited the Federal Reserve meeting. U.S. Treasuries were steady, with yields near the seven-year highs reached in May. Japan’s Topix index retreated from its highest in almost eight months. Stocks rallied in Hong ...
Asia stocks build on rally; These are the main moves in markets
September 21st, 2018
Asia stocks are set to cap the strongest two-week rally since February as investors take in evidence that escalating trade tensions have yet to hurt global growth and China’s moves to support its expansion. With the world’s expansion intact ...
Cryptocurrency ether plunges again, decoupling from bitcoin
September 13th, 2018
Ether, one of the best-performing cryptocurrencies during the boom last year, is taking another nose dive on Wednesday. The world’s second largest cryptocurrency fell 8 percent to a low of $170.34, bringing its drop since the high in January ...
5 ways the World Economic Forum says Artificial intelligence is changing banking
September 13th, 2018
Artificial intelligence has been a focus of discussions at the World Economic Forum’s annual meeting in Davos, Switzerland, over the past few years, so the organization decided to partner with Deloitte Consulting on a study that sought to “cut ...
Emerging currencies hit 17-month low over fears of trade war escalation
September 12th, 2018
The sell-off in emerging markets deepened on speculation the US and China trade war will escalate. Currencies slumped to their lowest level since April 2017 as Goldman Sachs said its models signaled further declines for some developing nations. Stocks ...
The world’s second-largest cryptocurrency Ether plunges more than bitcoin
September 7th, 2018
Ether was the star cryptocurrency last year, way outperforming its predecessor bitcoin. But 2018 has been a different story. The world’s second-largest digital asset is down 76 percent this year and can’t seem to catch a break. Investor patience ...
