Oil Slides Below $50; Hits Two Week Lows As Concerns Over Iraq Break From...
Having flirted with the key psychological level of $50/bbl ever since the first week of October as a result of an ongoing short squeeze due to concerns that OPEC just may pull of the production cut it...
View ArticleMore QE? Rate Hikes? Opposites Attract?
The entire financial world is holding its breath to see what the Federal Reserve decides to do at its next meeting in December. After having postponed a rate hike several times, it’s now increasingly...
View ArticleItalian Bank Warns 30 Times For A Bail-In If The NO Camp Wins The Referendum
Source: independent.co.uk Sunday December 4th, Italians will go to the polling stations to vote on a constitutional reform. Most media outlets call it an ‘Italexit vote’, but that’s not really true....
View ArticleTurkish Lira Carnage Continues – World’s Most Volatile Currency Crashes Most...
The Lira – officially the world's most volatile currency – has lost 11% of its value since the start of 2017 (down 8 of the last 9 days against the USD). In fact, the lira headed for its biggest...
View ArticleThe Hope For A “Greater Fool”
Submitted by Lance Roberts via RealInvestmentAdvice.com, Last week Frank Chaparro penned an interesting note: “It looks like this bull market just won’t quit. Friday marked the 2,003rd trading day...
View ArticleBack From Never Gone: CURRENCY WARS
In the previous episode of the currency wars, a few years ago, the Euro-Dollar exchange rate was in the spotlight. This has now completely disappeared to the background and whilst the countries of the...
View ArticleGlobal Stocks Dip On Poor US Auto Sales, Apple Miss; Fed Decision On Deck
European, Asian stocks and S&P futures all fall as investors digested poor overnight news on Apple earnings and U.S. car sales, while the dollar rose in muted trading as investors contemplated...
View ArticleThe European Commission doesn’t agree with the ECB …
In the Eurozone it’s not just the European Central Bank which publishes its forecasts on a regular basis, but the European Commission also releases its own expectations. And those don’t necessarily...
View ArticleDraghi did not expect THIS market reaction
The markets weren’t really expecting ECB president Mario Draghi to announce or say anything ‘shocking’ last week, but it’s now starting to look like Mr Draghi and Mr Carney, the President of the Bank...
View Article“No News Is Bad News”: May Calls For 2 Year Exit “Implemention”, No Mention...
Theresa May’s speech has concluded, and while she did not confirm prior rumors that she may call for early EU departure prior to 2019, cable is lower on what has been called a “no news is bad news”...
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