$SPY, $QQQ, $RUTX, $DIA, $DE Global stock markets gained $17-T in total value in 2019 according to the information based on Deutsche Bank calculations. The chart from Deutsche Bank (NYSE:DE), the value of global equities began the year just under $70-T but now exceeds $85-T. Political developments and an easier monetary policy have helped spark […]
$BA, $EADSY The Trump Administration may place 100% tariffs on European goods that had been absolved from such duties, including such storied products as Irish & Scotch whiskies and Cognac. The Office of the United States Trade Representative published a list Thursday of additional European goods now under consideration for the tariffs amid the fallout […]
The political friendship between President Trump and British Prime Minister Johnson is back on track. PM Johnson’s Conservative Party’s expected victory in Thursday’s election, clears the way for his BREXIT deal with the European Union, and a trade deal with the United States. And that means the friendship that had been “soft peddled” before the vote in […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.1%), DJIA (+0.1%), and NAS Comp (+0.1%) eked out incremental gains to close at record highs Monday. The Russell 2000 (-0.3%) closed in negative territory. Before President Trump, China has intended to take over the world. White House economic adviser Larry Kudlow proclaimed that President Trump will […]
The worst may be over for the world economy’s slowdown. A wave of interest-rate cuts by central banks including the Fed and mounting expectations of a US-China trade deal are buoying confidence in financial markets just as Key economic indicators show signs of stabilization after recent declines. While a robust rebound may not be here […]
Sunday, President Trump urged British Prime Minister Boris Johnson and Brexit Party leader Nigel Farage to come together to safeguard prospects for expanded US-UK trade after Britain leaves the European Union. President Trump told reporters at the White House that both men were friends of his, but Mr. Johnson was “the right man for the […]
$GLD, $XAU, $SLV, $XAG. $USD Gold flat to little changed Monday, after a near 1% jump in the session, Friday’s as investors awaited a Fed rate decision later in the week, while progress in US-China trade talks limited upside. Spot gold steady at $1,504.44 oz as of 0326 GMT, US gold futures were up 0.1% […]
Britain and the European Union on Monday enter a pivotal week that determines if they are still on course to reach amicable divorce terms — and when Brexit might finally occur. Queen Elizabeth II is due to step into the fray by performing her ceremonial duty of informing parliament about the government’s agenda for the […]
UK PM Boris Johnson briefed his Cabinet on the progress of last-minute BREXIT talks with the European Union. Britain is due to leave the 28-nation currency bloc on 31 October, and attempts for plans at the border between EU member Ireland and the U.K.’s Northern Ireland have been bumpy. Negotiations intensified last week after PM […]
The EU removed Switzerland and the United Arab Emirates from its list of tax havens on Thursday, giving two global hubs for multinational tax schemes the all clear. “Albania, Costa Rica, Mauritius, Serbia and Switzerland have implemented ahead of their deadline all necessary reforms to comply with EU tax good governance principles,” the bloc’s 28 […]
Simon Calder debunks the myths and sets the record straight on how travelling to Europe after BREXIT will really change. This article will be upgraded as required… We’re all in the departure lounge – we just don’t know where we’re going. The Leave decision in the EU referendum campaign, the battle about the Draft Withdrawal […]
As tariffs loom on $7.5-B worth of tariffs on European goods, leaders in those countries “respect” President Trump and how his policies have worked to improve and grow the US economy, US Ambassador to Germany Richard Grenell said Friday. “I’ll tell you one thing, they respect him,” Amb. Grenell said in a business interview, after […]
$DIA, $SPY, $QQQ, $RUTX, $ESDAY, $VXX Wednesday’s US economic data included the ADP Employment Change report for September and the weekly MBA Mortgage Applications Index. The takeaways are as follows: Private-sector payrolls were estimated to have increased by 135,000 in September (consensus 150-K) while the prior month’s print was revised down to 157-K from 195,000. Private-sector […]
Sunday, UK PM Johnson vowed he would not quit as Britain’s Prime Minister even if he fails to secure a deal to leave the European Union, saying only his Conservative government can deliver BREXIT on 31 October. At the beginning of his party’s annual conference in Manchester, PM Johnson wants to rally his party with […]
UK Prime Minister Boris Johnson said Sunday the next few days will be key to his chances of securing a BREXIT deal, and that an agreement with the EU is his aim and still possible. With less than 7 wks remaining until Britain is due to leave the European Union, PM Johnson has yet to […]
British PM Johnson has prepared plans to legally stop any BREXIT extension, the plan under consideration would see Johnson sending a letter alongside the request to extend Article 50 setting out that the government does not want any delay after 31 October. PM Boris Johnson is sticking to his BREXIT plan and will not seek […]
Resistance to a no-deal BREXIT does not sit well with Prime Minister Boris Johnson, who is hinting at ignoring recently passed legislation on talks about a British exit from the EU. Refusing to enact the just-passed legislation would be a violation of law, a step PM Johnson is apparently willing to take when asked if […]
The British parliament voted Wednesday to prevent Prime Minister Boris Johnson taking Britain out of the EU without a deal on 31 October, but rejected his 1st bid to call a snap election 2 weeks before the scheduled exit. After wresting control of the day’s parliamentary agenda from PM Johnson, the House of Commons backed […]
European Commission spokeswoman Mina Andreeva said the EU’s executive body, which supervises BREXIT talks on behalf of Britain’s 27 European partners, is operating on the “working assumption” that Britain will leave the bloc 31 October, but… Tuesday, Boris Johnson suffered Key defections from his party, losing a working majority in Parliament and weakening his position […]
Monday, UK PM Boris Johnson said he will not delay leaving the European Union and made an unveiled threat that an election might be needed to deliver BREXIT. A senior U official confirmed that PM Johnson is planning to call a general election on 14 October if he loses a Key vote over a no-deal […]
Europe’s BREXIT drama is fast moving to a new climax, threatening to sow chaos for businesses just as a large part of the European continent is headed to recession. A disorderly exit is a worst-case scenario that both sides have been trying to avoid since the BREXIT vote 3 years ago, and many experts now […]
Prime Minister Boris Johnson will suspend Britain’s Parliament for more than a month before BREXIT, enraging opponents and raising the stakes in the nation’s most serious political event in decades. Cheered President Trump, Mr. Johnson launched the move to take the country out of the EU by 31 October with or without an exit deal, […]
French President Emmanuel Macron is still calling for a new global economic order, decrying an “unprecedented crisis” in the market economy in an attempt to become the leader of the EU, a failed socialist experiment that is falling apart. Amid what he calls the uncertainty of US trade policies, Mr. Macron said the market economy […]
UK Prime Minister Boris Johnson said he is prepared to take BREXIT talks with the EU down to the very last minute before the 31 October exit deadline, and if necessary to take a decision to leave without a deal on that day. PM Johnson has 68 days to convince the EU to give him […]
US Treasury Secretary Steven Mnuchin said Sunday all leaders gathered at the G7 Summit in France are talking about the US economy as “the bright spot in the world.” In a TV interview Sunday Secretary Mnuchin said the leaders at the G-7 meeting want to “replicate” the economic policies of President Trump and his administration. […]
The President of the European Council, Donald Tusk Saturday called on the leaders of the world’s seven most advanced economies in the world, G7, to heal the rift on Iran and find a common position. “The rejection of the nuclear deal with Iran by the US hasn’t brought about any positive results, and the divisions […]
Ireland’s taoiseach, Leo Varadkar, has said Dublin will vote against an European Union trade deal with South American nations unless Brazil takes action to stop the burning of the Amazon. Varadkar said his government would oppose the Mercosur trade agreement with four Latin American countries Brazil, Argentina, Paraguay and Uruguay that was clinched in June […]
Amid the ongoing Brexit stalemate, the Home Office is pushing ahead with its plan for EU citizens living in the UK to register for a new ‘settled status’. It has launched a new nation wide marketing campaign to encourage them to apply for the EU Settlement Scheme before its full roll-out on March 30. All […]
UK Prime Minister Boris Johnson, who has worked to lead his Great Britian since he was a boy, will get his 1st moment on the world stage in his new role at the Group of Seven (G-7) Summit in France this weekend. And he will be determined to ensure it will not be his last. […]
German Chancellor Angela Merkel warned Wednesday of the economic impact of a chaotic no-deal Brexit, hours before she was to receive British Prime Minister Boris Johnson on his first foreign visit. ‘The economic sky is not cloudless’, and global tensions and Britain’s impending departure from the European Union ‘are already causing us headaches’, Merkel told […]
The EU is being “a bit negative” about the prospects of reaching a BREXIT but it can be done, British Prime Minister Boris Johnson said Tuesday. The bloc earlier rebuffed Mr. Johnson’s demand that it reopen the BREXIT deal, saying Britain had failed to propose any realistic alternative to the backstop, an agreed insurance policy […]
British opposition leader Jeremy Corbyn called on Monday for a general election to try to end the Brexit impasse, as Prime Minister Boris Johnson came under pressure to recall parliament. Corbyn hates democracy and has embraced communism, he is now attempting to derail Brexit. Corbyn said his Labour Party would offer a second referendum on […]
A no-deal Brexit on October 31 could cause food, fuel and medicine shortages. According to government assessments leaked to the press. Despite Prime Minister Boris Johnson ramping up preparations in his first weeks in office. Johnson ordered government departments to “turbo-charge” contingency planning after taking power on July 24. Promising “all necessary funding” beyond the […]
Demand for CBD is on the rise all over the world.In Europe, for example, the market is on course to grow 400% over the next four years, according to theBrightfieldGroup. “CBD is just starting to take hold in Europe, with both product availability and consumer awareness still quite limited. This is a great opportunity for […]
German Chancellor Angela Merkel said on Sunday that she would meet British Prime Minister Boris Johnson Wednesday evening to discuss Britain’s planned departure from the EU, adding that Berlin is prepared for a No-deal BREXIT. The fact is Germany is running scared of such an event. PM Johnson is seeking to persuade EU leaders to […]
The United States will enthusiastically support a no-deal BREXIT if that is what the British government decides to do, President Trump’s NSA John Bolton said Monday during a visit to London aimed at reassuring Britain over UK-US ties. Mr. Bolton told British Prime Minister Boris Johnson that President Trump wants to see a successful British […]
The Trump Administration will pursue a free-trade agreement with Britain as soon as possible after it leaves the EU, Secretary of State Mike Pompeo said Wednesday as the country’s new Foreign Secretary made his 1st official visit to the United States. Secretary Pompeo also thanked the government of new British Prime Minister Boris Johnson for […]
$XAU, $GLD, $USD FLASH: The precious Yellow metal is now acting like the Key safe-haven from the world’s problems. Gold prices spiked Monday rising 1.5% to new 6-year highs. Gold is the play within the trade dispute between Presidents Trump and Xi. Gold risen 17% since the moment last December when President Trump declared, “I am a […]
the Church of Scientology European Office for Public Affairs and Human Rights has been listed as a Religious Organization. Thanks to the Ministry of Justice in Spain. Established in Madrid, the corporation, representing Scientologists living in 37 member states of the Council of Europe. Operates across Europe and beyond, with headquarters in Brussels and offices in many European cities. Including Berlin, Copenhagen, Geneva, Paris, Strasbourg, Rome, Vienna and Warsaw. First established in the […]
FLASH: The British government is working on the assumption that the EU will not renegotiate its BREXIT deal and is preparing to leave the 28 nation bloc on 31 October without an agreement. Boris Johnson, the new British PM has promised to deliver BREXIT by the end of October “no ifs or buts,” plans to […]
FLASH: Boris Johnson, a Man in a Hurry to Make Britain Great Again, MBGA With Britain’s departure from the EU due in less than 100 days, new Prime Minister Boris Johnson is a man in a hurry. But he is not rushing off to Brussels. The UK leader has no meetings scheduled with EU officials. […]
Tuesday, EU powers accused Iran of “pursuing activities inconsistent with its commitments” under a Y 2015 nuclear deal and called for an urgent meeting of the parties to the agreement to discuss Tehran’s compliance. Britain, Germany, France, Russia, China and Iran are the remaining parties to the deal – known as the Joint Comprehensive Plan […]
$SPY, $BLK In a report, the majority of BlackRock Inc.’s (NYSE:BLK) Top decision-makers had a simple conclusion after gathering in London last week: A supportive backdrop for risk assets probably has “room to run” for at least 12 more months. Senior leadership at the world’s largest asset manager cited easy monetary policies and few signs […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Cash is King for investors heading into Summer Increasing a cash buffer is typical during times of economic and geopolitical uncertainty. But data from global wealth managers show that stashing cash has continued at unusually high rates even as global stocks have rallied this year on conflicting signals […]
President Trump has shaken the world trade order by imposing unilateral tariffs to combat what he calls unfair trade practices by the EU, Canada, Mexico, China and other major trading partners of the US. US GLOBAL TARIFFS – 25% tariffs on imported steel and 10% tariffs on imported aluminum, imposed on 23 March 2018 on […]
$BAC, $C, $JPM, $MS, $WFC, $USD, $GBP, $JPY The Fed As the US yield curve is deciding whether to invert/not Invert, investors seek reassurance that we are in a era of non-inflationary growth, and focus on monthly price gauges this week. Wednesday, the US Labor Department is expected to report that its March Consumer Price […]
$GBP UK lawmakers rejected PM Theresa May’s BREXIT deal for a 3rd time Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the day it was supposed to leave the single currency socialist bloc. The decision to reject a stripped-down version of Mrs. May’s deal has left […]
Theresa May had grand designs when she became the UK PM, as she would not just be about taking Britain out of the European Union, it would be about fighting “the burning injustice” within the country. But Wednesday night, broken by BREXIT like her predecessor, Mrs. May conceded that she will not be able to […]
$GLD.$USD, $JPY FLASH: Last week gold posted its 3rd consecutive weekly gainer and rose 1%, the most since the week ending 1 February. The fundamentals Spot gold up 0.1% at $1,314.21 oz as of 0128 GMT. US gold futures up 0.2% at $1,314.40 oz. Investors sold shares Monday moving to the safety of bonds, while […]
FLASH: Theresa May summons Brexiteers to ward off coup. UK Prime Minister Theresa May was holding crisis talks with colleagues on Sunday working to revive her 2X Brexit deal after reports that her Cabinet was plotting to topple her. The United Kingdom’s exit from the European Union was already slipping from Mrs. May’s weakened grasp […]
$GLD, $USD, $EUR, $GBP, $CNY What we have been seeing over the past few years is that confidence in government is fading and the price of Gold is rising. Some current examples The UK House of Commons voted 413-202 last week to delay Britain’s exit from the EU. Despite resounding defeats, Prime Minister Theresa May […]
FLASH: The EU is next, as The Trump Administration prepares tariffs on Germany’s auto industry, a 25% tariff already is in place on light trucks President Trump said trade negotiations with China were progressing and a final agreement “will probably happen,” adding that his call for tariffs to remain on Chinese imported goods for some […]
$TSLA Tesla’s (NASDAQ:TSLA) vehicle deliveries scheduled across Europe, China and North America should be a “primary priority” for all employees during the last 10 days of Q-1, Chief Executive Officer Elon Musk said in an e-Mail to employees Thursday. Deliveries set for 2 continents simultaneously with North America were a 1st for the Palo Alto, […]
UK Prime Minister Theresa May will ask the EU to delay BREXIT by at least 3 months after her plan to hold a 3rd vote on the divorce deal was thrown into disarray by a surprise intervention from the speaker of Parliament. Nearly 3 years after Britain voted narrowly to leave the EU, its departure […]
FLASH: President Trump says his administration “looks forward to negotiating a large scale Trade Deal with the United Kingdom” as the country continues to try to hash out its departure from the European Union. Thursday, President Trump said that he is “surprised at how badly” negotiations have gone between the United Kingdom and the European […]
The global economy’s softened throughout Y 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago. A new GDP tracker puts world growth at 2.1% on a Q-Q annualized basis, down from about 4% in the middle of last year. While there is a chance that the economy […]
UPDATE: Britain’s Parliament strongly rejects Prime Minister’s BREXIT deal in major blow to EU divorce plan. Parliament Parliament to Vote between No-deal BREXIT and Delaying Departure from EU Thursday. UK PM Theresa May worked to win last-minute changes from the European Union to her BREXIT deal Monday, a day before a Key vote in Britain’s […]
FLASH: American citizens will need visas to travel to the European Union starting in Y 2021 is Fake news! By Y 2021, Americans traveling to certain countries in Europe will have to preregister online as part of a security system intended to screen visa-free travelers. Currently, US citizens with a valid passport can visit Schengen […]
FLASH: President Trump’s top economic adviser offered sharp criticism of the European Central Bank’s (ECB) revival of stimulus measures to spur the EU’s economy. National Economic Council Director Larry Kudlow said that a ECB decision Thursday to extend a new round of cheap loans to the banking system wouldn’t be enough to fix the continent’s […]
$EUR FLASH: ECB will maintain current level of rates through the end of Y 2019 and launch new targeted longer-term refinancing operation (TLTRO-III) in September European Central Bank presented a huge set of monetary policy initiatives Thursday that sent economists and analysts on Twitter spinning. Below are some of their quick reactions as the EUR […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Next Fed rate hike several FMOC meetings ahead With inflation muted, but other risks to the US economy on the rise, the Fed’s patience on policy is nowhere close to running out, with 1 previously Kawkish central banker Tuesday signaling he could wait until at least June before touching […]
FLASH: Calling for “fair, balanced, and reciprocal trade with the UK” and “state of the art rules” to achieve it, the US Trade Representative has published an 18-page document of negotiating objectives for the forthcoming UK-U.S. trade deal both nations hope to strike if Britain finally leaves the EU. The new document, from President Trump’s Trade […]
UK PM Theresa May pushed back the deadline for Parliament to vote on her BREXIT deal, in a gambit she hopes will buy more time for negotiations but which risks inflaming the revolt against her. The British PM confirmed she will not bring a new deal back to the House of Commons for a final […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Lower, Crude Oil Higher, Stocks Higher Notes: Trade talks dominate headlines with a new round of negotiations between the US and China expected in Washington Tuesday, and follow-up sessions at a higher level this week. Minutes of the Fed’s last policy meeting are due Wednesday and should provide more guidance on the likelihood or […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Higher, Crude Oil Mixed, Stocks Higher Notes: Trade talks dominated headlines with a new round of negotiations between the United States and China expected in Washington on Tuesday, and follow-up sessions at a higher level later in the week. Comments from European Central Bank’s Olli Rehn on Sunday have triggered speculation the […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Off, Crude Oil Higher, Stocks Higher Notes: Minutes of the Fed’s last policy meeting are due Wednesday and should provide more guidance on the likelihood or not for rate hikes this year. There is also talk the Fed will keep a much larger balance sheet than previously planned. Financial markets are generally […]
FLASH: French police fired tear gas to disperse protesters who threw projectiles and set bins on fire in Paris, Lyon and Bordeaux on Saturday, as the 14th straight weekend of “yellow vest” protests took a violent turn Saturday afternoon. The failed socialist EU experiment under siege French far-right leader Marine Le Pen feels she is […]
London is taking its turn in the style spotlight with the opening of London Fashion Week, an extravaganza that will feature up-and-coming young designers along with big names like Victoria Beckham, Vivienne Westwood and Burberry. More than 100 catwalk shows are scheduled along with countless crowded, parties and dozens of presentations. The London-based Turkish designer […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Ranged, USD Higher, Crude Oil Higher, Stocks Lower In Asia Notes: US Treasury Secretary Steven Mnuchin hopes for “productive” trade meetings in China scheduled to run through Friday.The United States has used tariffs as leverage to demand Beijing make major structural policy changes, including ending the forced transfer of American technology, fully enforcing intellectual property rights, and […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Higher, Crude Oil Higher, Stocks Up In Asia Notes: US Treasury Secretary Steven Mnuchin said Thursday he hopes for “productive” trade meetings in China, as the 2 countries work to hammer out an agreement to resolve their trade dispute. The talks, scheduled to run through Friday, follow 3 days of deputy-level meetings to work […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Steady, USD Higher, Crude Oil Up, Stocks Up In Asia Notes: US Treasury Secretary Steven Mnuchin said Wednesday he hopes for “productive” trade meetings in China this week, as the 2 countries seek to hammer out an agreement to resolve the trade dispute. The Cboe Volatility Index (VIX) dropped overnight to as low as 14.95, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed Chairman Jay Powell describes US economy as “good”, saying he does not see an elevated probability of a recession, stocks finish on their highs lead by the Financials Investors are prepare for the return of the divergence trade, with the US set to lead the rest of the […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD HighersCrude Oil UpStocks Up In Asia Notes: Messrs. Mnuchin and Lighthizer opened another round of trade talks in Beijing Monday to push for a deal to protect American IP, and avert a 2 March increase in US tariffs on Chinese goods. Gold: Gold prices steady Tuesday as investors kept a cautious stance ahead this round […]
3$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold EasedUSD CautiousCrude Oil DownStocks Off In Asia Notes: Messrs. Mnuchin and Lighthizer open another round of trade talks in Beijing this week to push for a deal to protect American intellectual property and avert a 2 March increase in US tariffs on Chinese goods. Gold: Gold prices eased Monday as uncertainties around US-China trade tensions […]
UK PM Theresa May is seeking more time to renegotiate her BREXIT deal as Parliament threatens to take control over the process to stop the UK opting out of the EU with no agreement in place. The PM wrote a conciliatory letter to opposition Labour Leader Jeremy Corbyn, after he proposed setting her a new […]
Several thousand supporters of an exiled Iranian opposition group marched through Paris Friday, calling for an end to Iran’s clerical regime 40 years after the Islamic revolution toppled Iran’s monarchy. The Mujahedeen-e-Khalq, widely referred to in the West as the MEK, were joined at the rally by an array of speakers before the march, from […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD SteadyCrude Oil DownStocks Off In Asia Notes: China closed all week for the Lunar New Year Thursday, the EC sharply cut its forecasts for euro zone economic growth due to global trade tensions and a numberof domestic challenges. Messrs. Mnuchin and Lighthizer are expected to kick off another round of trade talks in Beijing next week […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold OffUSD UpCrude Oil DownStocks Up In Asia Note: China closed all week for the Lunar New Year The Cboe Volatility (VIX) Index, Wall Street’s so-called “fear gauge,” dropped to 15.60, its lowest level in 4 months, Monday. Gold: Gold fell to a more than 1-week low Thursday, pressured by a stronger USD, but worries over slowing global […]
UK Prime Minister Theresa May is preparing to delay the 2nd Parliament vote on her BREXIT deal until the end of February, it was reported late Wednesday. The PM’s whip, indicated at a cabinet meeting Tuesday that the vote would not be held next week as expected because Mrs. May will not have renegotiated her […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FirmCrude Oil UpStocks Subdued In Asia Note: China closed all week for the Lunar New Year The Cboe Volatility (VIX) Index, Wall Street’s so-called “fear gauge,” dropped to 15.60, its lowest level in 4 months, Monday. Gold: Gold prices held firm Wednesday after US President Trump, in his State of the Union speech, vowed to build […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold UpUSD FirmCrude Oil UpStocks Higher In Asia Note: China closed all week for the Lunar New Year The Cboe Volatility (VIX) Index, Wall Street’s so-called “fear gauge,” dropped to 15.60, its lowest level in 4 months, Monday. $VXX Gold: Gold rose Tuesday in thin trading as investors made purchases after prices touched 1-week lows Monday, but improved […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold OffUSD FirmCrude Oil UpStocks Steady In Asia Note: China closed all week for the Lunar New Year Gold: Gold prices slipped Monday as risk aversion waned amid some signs of progress in US-China trade talks, while a firm USD kept bullion under pressure. Spot gold was down 0.4% at $1,313.01 oz by 0552 GMT US […]
British officials have revived Cold War emergency plans to relocate the royal family should there be riots in London if Britain suffers a disruptive departure from the EU next month. “These emergency evacuation plans have been in existence since the Cold War, but have now been re-purposed in the event of civil disorder following a […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold OffUSD EasedCrude Oil SteadyStocks Up In Asia Gold: Gold fell Friday as investors sought riskier assets on optimism the United States and China ill reach a trade deal, although a pause in US interest rate hikes kept bullion on track for a 2nd weekly increase. Spot gold fell 0.3% to $1,316.95 oz at 0719 GMT. Prices […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD EasedCrude Oil UpStocks Up In Asia Notes: The Federal Open Markets Committee (FOMC) held its policy-setting meeting and stood pat with a very dovish tone. Officials from Washington and Beijing have launch a new round of trade talks aimed at resolving their disputes. Gold: A surge in gold purchases by central banks to the highest […]
Our target for the Euro over the next 2 years is parity to the USD. The EU have failed to recognize 1 simple fact, socialism does not work, and the people look set to pay a heavy price for the ignorance of their politicians. Germany will be left with the added burden of Merkel’s influx […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold HigherUSD EasedCrude Oil Off a BitStocks Flat to Little Change In Asia Notes: The Federal Open Markets Committee (FOMC) will hold its next policy-setting press conference on 30 January no hike expected. Officials from Washington and Beijing are set to launch a new round of trade talks on Wednesday aimed at resolving their disputes amid […]
Tune out the Noise! There has been a slowdown in the United States’ economy when it comes to Europe and China, but overall, the economy remains “quite strong,” and there are no indications of a looming recession, US Treasury Secretary Steve Mnuchin said Tuesday. “We still see tremendous investment in capital and human investments,” Mr. […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil SteadyStocks Higher In Asia Notes: The Federal Open Markets Committee (FOMC) will hold it next policy-setting meeting on 29-30 January. Gold: Gold price broke psyche resistance at 1300 oz Gold futures are hanging near 7-month highs at $1,302.2 oz. Spot gold was last at 1,304.19 after breaking above a the Key psych […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil downStocks Higher In Asia Notes: The Federal Open Markets Committee (FOMC) will hold it next policy-setting meeting on 29-30 January. Gold: Gold prices held steady Monday, near a 7-month peak scaled in previous session, on hopes the Fed will keep interest rates unchanged during its 2-day policy meeting this week. Spot gold […]
The rise of populism is leading to Europe “coming apart before our eyes,” a group of 30 historians and Nobel laureates from 21 countries conclude in a co-signed letter Sunday. “We must now will Europe or perish beneath the waves of populism,” the letter reads, per the report. “We must rediscover political voluntarism or accept that resentment, […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil UpStocks Rise In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. Washington Thursday signaled it could impose sanctions on Venezuela’s Crude Oil exports as Caracas descends further into political and economic chaos. The US-China trade discussions will provide insight into how talks are […]
$DIA, $SPY, $QQQ, $RUTX, $VXX White House economic adviser Larry Kudlow says the indicators for the USA show that America is the ‘hottest economy’ in the world. He predicted the next monthly unemployment report will likely shock naysayers. Mr. Kudlow said the economy will snap back from any “glitch” created by partial government shutdown, as that […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil DownStocks Rise In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. China reported its lowest annual economic growth since Y 1990 and must stimulate, but its retail markets are expanding widely. China makes up 19% of the world’s economy, the slowdown this year […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil UpStocks Off In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. China reported its lowest annual economic growth since Y 1990 and must stimulate. Gold: Gold prices stood firm Wednesday on higher demand for safe-haven assets over concerns of slowing global economy and […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold OffUSD FlatCrude Oil DownStocks Off In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. China’s state planner Tuesday warned that the downward pressure on the economy will affect China’s job market as falling factory orders point to a further drop in activity in coming months and […]
UK PM Theresa May unveiled her BREXIT Plan Monday, and it looks a lot like Plan A. Mr.s May launched a mission to resuscitate her rejected EU divorce deal, setting out plans to get it approved by Parliament after securing changes from the EU to a contentious Irish border measure. Mrs. May’s opponents expressed incredulity. […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Up USD Soft Crude Oil Higher Stocks Up In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. UK PM May will return to Parliament Monday to set out how she plans to try to break the BREXIT deadlock after her deal was rejected by […]
The Latest on Britain’s exit from the EU Austrian Chancellor Sebastian Kurz is suggesting it may be possible to give Britain more time to leave the European Union if it comes up with a good strategy, saying a no-deal BREXIT would be bad for everyone. Chancellor Kurz is quoted by Germany’s Welt am Sonntag newspaper […]
$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Industrials, Materials, Financials, Consumer Discretionary Weak: Utilities, Real Estate China’s willingness to eliminate the US trade imbalance. According to a report Friday, China made an offer during trade negotiations earlier this month to boost the amount of US imports, such that the trade balance with the US would be […]
