Search Results for: dollar
What Blows Up Next? Part 1: Resource-Based Economies
July 24th, 2015
The Great Recession and its aftermath was actually the best of times for countries with natural resources to sell. The US, Europe and Japan ran record deficits and cut interest rates to zero or thereabouts, sending hot money pouring ...
FBI Arrests Coin.MX Founders For Money Laundering Violations
July 24th, 2015
Anthony R. Murgio and Yuri Lebedev of West Palm Beach Florida were arrested today for running an unlicensed bitcoin exchange with the goal of helping individuals launder money. The press release the FBI put out charges the men of ...
Asian shares skid as weak China PMI revives demand concerns
July 24th, 2015
Asian equities stumbled on Friday after a survey showed China’s manufacturing activity crumbled to 15-month lows, rekindling concerns for the region’s exports as the world’s second-largest economy struggles to arrest a broad downturn. MSCI’s broadest index of Asia-Pacific shares ...
Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?
July 23rd, 2015
If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of ...
Tradeweb Awarded European Central Bank Electronic Trading Platform Contracts
July 23rd, 2015
Tradeweb Markets, the leading global marketplace for electronic fixed income, derivatives and ETF trading, announced it has been awarded two contracts to supply its electronic trading platform (ETP) to the European Central Bank (ECB). The contracts cover the provision ...
Gold is doing something it hasn’t in 20 years
July 23rd, 2015
Gold marked its 10th straight day of losses Wednesday, in the longest losing streak for the precious metal in almost 20 years. And some traders say the collapse isn’t over, yet. “Physical demand for gold in China is down ...
12 Ways The Economy Is Already In Worse Shape Than It Was During The Depths Of The Last Recession
July 22nd, 2015
Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a ...
Does A Commodities Crash Mean Global Depression, Mass-Devaluation Or Both?
July 22nd, 2015
First, precious metals peaked and began drifting lower. Then copper fell, oil plunged and it became obvious that these weren’t isolated events. The entire commodities complex — that is, all the physical inputs a modern economy uses to power, ...
‘Brexit’ fears haunt London’s roaring trade in euros
July 22nd, 2015
If there is a symbol of British ambivalence to Europe then it may be the euro itself. The capital of euro trading prospers outside the euro zone, but London’s dominance of the $5.3 trillion-a-day foreign exchange market could wane if ...
Gold rebounds from five-year low
July 22nd, 2015
Despite uptick, more losses are expected as people no longer see gold as safe haven Gold bounced back from a five-year low on Tuesday, advancing for the first time in seven sessions amid declines in the dollar and speculation ...
