UK Leaders to Play ‘Hardball’ in Talks with EU on Market Access

UK Leaders to Play ‘Hardball’ in Talks with EU on Market Access






UK Leaders to Play ‘Hardball’ in Talks with EU on Market Access $GBP Sunday, Britain’s leaders signaled their resolve to play hardball in talks with the EU, suggesting they will look for partners elsewhere if the bloc restricts access to its huge market. Under pressure to reveal her Brexit plan, British Prime Minister Theresa May’s […]






Hungary to Crack Down on NGO’s George Soros

Hungary to Crack Down on NGO’s George Soros






Hungary to Crack Down on NGO’s George Soros Hungary to crack down on NGO’s (non-governmental organizations) linked to billionaire George Soros now that Donald Trump is the next US President, according to the deputy head of Prime Minister Viktor Orban’s party. The European Union (EU) member will use “all the tools at its disposal” to […]






Brexit Predictions Were Wrong

Brexit Predictions Were Wrong






Brexit Predictions Were Wrong $GBP The Bank of England’s chief economist says forecasters got it wrong when they predicted a sharp economic downturn if Britain voted to leave the European Union. Andy Haldane says the country’s strong economic performance since the June 2016 referendum has been a surprise to all, and the economic forecasting profession […]






The Election of Donald Trump Has ‘Killed’ Trans Pacific Partnership

The Election of Donald Trump Has ‘Killed’ Trans Pacific Partnership






The Election of Donald Trump Has ‘Killed’ Trans Pacific Partnership China’s position as a global leader on free trade will be enhanced by the death of the Trans Pacific Partnership (TPP), experts told the Boao Forum for Asia in Melbourne Thursday. Deming Chen, President of the Association for Relations Across the Taiwan Straits and China’s […]






Eurozone Struggling to Overcome Anti-establishment Forces

Eurozone Struggling to Overcome Anti-establishment Forces






Eurozone Struggling to Overcome Anti-establishment Forces $EURUSD Italian Prime Minister Matteo Renzi, 41 anni, resigned after suffering a crushing defeat Sunday in a referendum on constitutional reform, tipping the Eurozone’s 3rd-largest economy into political uncertainty. PM Renzi’s decision to quit after just 2.5 years in office deals a blow to the EU, already reeling from […]






The EU on the Verge of Breaking Up

The EU on the Verge of Breaking Up






The EU on the Verge of Breaking Up UK, France, Hungary are no-shows as EU foreign ministers gather to consider ramifications of US election EU foreign ministers insisted Sunday they expected good relations with Donald Trump, after a crisis meeting that Britain, France and Hungary snubbed in a move that exposed rifts over the US […]






Paris Auto Show: Ferrari (NYSE:RACE) Says No Electric Cars

Paris Auto Show: Ferrari (NYSE:RACE) Says No Electric Cars






Paris Auto Show: Ferrari (NYSE:RACE) Says No Electric Cars $RACE Almost daily we see another major automotive brand announcing a battery-electric power initiative aka EV. But, not at Ferrari. The Italian Supercar maker is determined that there will be no silent surge of power in its near future, even as Mercedes-Benz, Audi, Porsche, and BMW all […]






UK Government was Totally Unprepared for the Brexit Vote

UK Government was Totally Unprepared for the Brexit Vote






UK Government was Totally Unprepared for the Brexit Vote The President of the European Parliament says Britain’s government was unprepared for the country’s vote to leave the European Union, and does not know when it wants to start divorce talks. Martin Schulz says the Conservative government was “in no way prepared for the ‘leave’ majority” […]






Australia Needs a Paris Plebiscite

Australia Needs a Paris Plebiscite






Australia Needs a Paris Plebiscite The Clexit Coalition has called on the Australian Government to conduct a plebiscite on whether Australia should withdraw from the Paris Climate Treaty. The Clexit (ClimateExit) Coalition, comprising over 170 representatives from 25 countries, was launched in London last week. It aims to prevent ratification or local enforcement of the […]






The US Fed has Not Delivered on the Economy

The US Fed has Not Delivered on the Economy






The US Fed has Not Delivered on the Economy The US Fed is stuck to actions devised by Ben S. Bernanke that have not worked to restore strong economic growth since the Great Recession The US central bank’s adherence to the idea that unemployment and weak demand can be cured with policies that encourage consumers, businesses and governments […]






US, EU Free Trade (TTIP) Talks Have Failed

US, EU Free Trade (TTIP) Talks Have Failed






US, EU Free Trade  (TTIP) Talks Have Failed Germany’s Economic Minister says free trade talks between the European Union and the United States have failed. Negotiations on the so-called Trans-Atlantic Trade and Investment Partnership, or TTIP, have made little progress in recent years. Sigmar Gabriel, who is also Germany’s Vice Chancellor, said Sunday that “in […]






NYC, Commercial Real Estate Capital of the World

NYC, Commercial Real Estate Capital of the World






NYC, Commercial Real Estate Capital of the World $JLL New York has knocked off London as the world’s premier city for FDI (foreign investment) in commercial real estate due to fears the vote to leave the EU aka Brexit, will diminish the British capital’s appeal as a global financial center. Data on cross-border property transactions […]






Japanese Buying Physical Gold, Storing it in Switzerland

Japanese Buying Physical Gold, Storing it in Switzerland






Japanese Buying Physical Gold, Storing it in Switzerland Japanese investors are buying Bullion and storing it in Switzerland because of negative interest rates and fears JPY will depreciate as the government grapples with the heaviest public debt burden in the developed world, according reports. The number of buyers jumped 62% in 1-H of Y 2016 […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: After the market spent 3 days digesting the result of the UK referendum, BOE’s Governor Mark Carney woke up Brexit’s Demons by stating that “monetary policy easing will likely be required over the Summer.” High yielder’s were generally firmer across the board, with the EURUSD advancing to 1.1154, and […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The USD traded softer Vs its 10 currency peers Wednesday. As Brexit panic faded, stocks rose worldwide, and commodities gained on broad USD’s weakness. The Fx market has continued trading on sentiment, following the positive mood of Asian trading, and paying little attention to macro-economic data reports. The EU […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Safe havens eased, giving high yielding currencies a bounce Tuesday. The matter is hanging like the Sword of Damocles’ above the financial world. Asian shares closed mixed, European shares opened sharply higher and held on to sharp gains throughout the day. On the macro-economic front Germany released import and […]






Chicago Agriculture Commodities Extended Losses Friday

Chicago Agriculture Commodities Extended Losses Friday






Chicago Agriculture Commodities Extended Losses Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn fell for a 5th successive trading day Friday, Wheat and Soybean also extended losses after Britain’s surprising vote to leave the EU in a referendum held Thursday. The most active Corn contract for Jul delivery fell 2.75 cents, or 0.71%, […]






Donald Trump Traveling in Scotland Takes ‘Measured’ Approach to Brexit

Donald Trump Traveling in Scotland Takes ‘Measured’ Approach to Brexit






Donald Trump Traveling in Scotland Takes ‘Measured’ Approach to Brexit Donald Trump played down the financial market turmoil in the wake of Britain’s ‘leave’ the EU vote,on a visit to his Trump International golf course in Aberdeen, Scotland Saturday. There Donald Trump was asked by reporters if he was worried about the volatility in financial […]






Wall Street Guessed Wrong, UK Votes to “Sever” from the EU

Wall Street Guessed Wrong, UK Votes to “Sever” from the EU






Wall Street Guessed Wrong, UK Votes to “Sever” from the EU $DIA, $SPY, $QQQ, $VXX, $GLD, $USO, $GBP, $USD, $JPY The liberals have been beaten, the polls were wrong, the people have taken back their country. The voters in Great Britain have chosen to take their country out of the EU leaving their government’s leadership […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Markets were rollercoaster’ing Thursday, as adding to 4 Central Banks´ decisions in less than 24 hours, there were rumors pointing to a suspension of the Brexit referendum, after British Parliamentarian Jo Cox was shot dead in the street. PM David Cameron suspended the campaign activity for next week’s referendum […]






Microsoft, Facebook Agree to build High-speed Trans-Atlantic sub-Sea Cable

Microsoft, Facebook Agree to build High-speed Trans-Atlantic sub-Sea Cable






Microsoft, Facebook Agree to build High-speed Trans-Atlantic sub-Sea Cable $MSFT, $FB, $GOOGL, $AMZN Thursday, US technology giants Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB) announced they will jointly build a high-speed undersea cable across the Atlantic to give customers fast and reliable access to the 2 companies’ “cloud” and online services as demand grows. The new 6,600-kilometer undersea […]






US Grain Traders Ban Unapproved GMO Grains

US Grain Traders Ban Unapproved GMO Grains






US Grain Traders Ban Unapproved GMO Grains $AGM, $BAYRY, $DOW, $MON, $BG, $SYT Across the US grain belt, top agricultural commodities handlers have banned GMO (genetically modified) crops that are not approved in all major overseas markets, shaking up a decades-old system that used the world’s biggest exporting country as a launchpad for new seeds […]






EU Hopes To Sell More Agro-products To China

EU Hopes To Sell More Agro-products To China






EU Hopes To Sell More Agro-products To China The European Union (EU) hopes to export more agro-products to China, a senior EU official said Friday ahead of a trade promotion trip to China. China is a crucial market for EU agro-products and has seen considerable growth in recent years, EU Commissioner for Agriculture and Rural […]