Search Results for: sec
The new deal is a bad old deal
July 10th, 2020
So far, the current economic situation, together with the response by major governments, compares with the run-in to the depression of the 1930s. Yet to come in the repetitious credit cycle is the collapse in financial asset values and ...
A potential crisis in Comex gold
July 8th, 2020
We are all used to the bullion banks covering their shorts on Comex by waiting until the speculators are over-bullish and vulnerable to mark-downs that trigger their stops. Algorithmic traders go from long to short in a heartbeat as ...
Prices are going to rise — and fast!
July 7th, 2020
With stockmarkets barely ruffled, few are thinking beyond the very short-term and they are mostly guessing anyway. Other than possibly the very short-term as we emerge from lockdowns, the economic situation is actually dire, and any hope of ...
Fondex adds another funding method to its payments arsenal
July 7th, 2020
Fondex, the multi-award winning and regulated online CFD broker, proudly announces further expansion of its available account funding methods, with the addition of B2BinPay. B2BinPay is one of the leading cryptocurrency payment providers supporting crypto/crypto and crypto/fiat payments. Fondex ...
Dollar in narrow range as U.S. virus cases grow
July 3rd, 2020
The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk. The yuan was stable in offshore trade ...
European stocks had their best quarter in five years: Here are the biggest movers
July 1st, 2020
The Euro Stoxx 600 on Tuesday closed out its best quarter since March 2015, having climbed 12.59% since the beginning of April. Even after that rally, the pan-European blue chip index still closed down 13.35% on the year and ...
Wirecard files for insolvency after ex-CEO arrested in $2 billion scandal
June 25th, 2020
Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive. The digital payments company said in ...
Pound gains as dollar struggles
June 25th, 2020
Sterling gained on Thursday as traders bought back into the currency following its recent run lower, although worries about a second wave of COVID-19 infections and negotiations over a Brexit deal kept the rebound in check. Analysts said there ...
European shares were moving higher on Tuesday
June 23rd, 2020
European shares were moving higher on Tuesday even as a number of states in the U.S. continued to report a rise in new virus cases and hospitalizations. Meanwhile, a closely-watched measure of economic activity pointed to a continued rebound ...
The crisis goes up a gear
June 22nd, 2020
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage of an evolving economic ...
