Search Results for: banks
The egregious errors of static statistics
March 22nd, 2018
The measure of a man’s real character is what he would do if he knew he would never be found out. Lord Macaulay wrote this nearly two hundred years ago. His aphorism is particularly apposite of modern politicians, ...
Have you ever wonder if the European Central Bank makes a profit?
March 19th, 2018
When you think of the European Central Bank (ECB), do you think of a bank aiming to make a profit? It is certainly true that the ECB publish annual accounts, so the profits are there for all to see. But ...
Japanese yen rose, Euro was flat, Gold inched up, Asian stocks advanced: Review
March 8th, 2018
Asian stocks advanced as worries surrounding a trade war dissipated and U.S. equities recouped losses. The dollar steadied and Treasuries ticked higher. Equities rose from Tokyo to Sydney, with shares in Hong Kong outperforming. Earlier, the S&P 500 Index ...
Currency exchange value dynamics
March 2nd, 2018
In a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those who already see inflation as society’s greatest problem in the ...
A Roman lesson on inflation
March 1st, 2018
“While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen” – President Grover Cleveland The point President Cleveland made back in the 1880s was that ...
How to choose the best bitcoin or cryptocurrency exchange
March 1st, 2018
During the bitcoin frenzy at the end of December, Coinbase, one of the premier exchanges, halted trading briefly due to crushing volume as prices plunged. Many of Coinbase’s competitors also have suffered growing pains as digital money grows ever ...
Law firms join blockchain platform
February 28th, 2018
A group of top law firms have joined forces with an enterprise software company including Baker & McKenzie and Clifford Chance. A software firm R3 has launched the Legal Centre of Excellence (LCoE) as a platform for the global ...
Interview with ID Finance co-founder and CEO Boris Batin – EU-Startups
February 22nd, 2018
An interview by EU-Starups: ID Finance is a fast-growing fintech company specializing in data science, credit scoring and digital finance in emerging and well-developed markets. Founded in 2012, the company is headquartered in Barcelona, and has conducted two successful ...
FX Volatility Sparks Trading Surge With Signs of More to Come
February 13th, 2018
The past week’s financial-market turbulence is keeping foreign-exchange traders busy, boosting volumes along with volatility. Price swings in the $5.1-trillion a day currency market have jumped this month to the highest since November 2016 on a monthly basis, according ...
European shares bounce back after turbulent week
February 12th, 2018
European shares rebounded from six-month lows on Monday as jitters over a sudden spike in volatility that wiped off $1 trillion in market capitalization last week appeared to ease. Broad-based gains helped the pan-European STOXX 600 index rise 1.5 ...
