Gold Flat on Firm USD, China Trade Tensions Continue + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold was steady Tuesday on US-China trade tensions after $200-B of tariffs came into effect, investors stay on the sidelines ahead of the FOMC policy meeting. Spot gold was barely changed at 1,198.28 oz by 0056 GMT. […]
Gold Down on From USD, as China Halts Trade Talks + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold edged lower Monday, as USD held firm on news that China has cancelled trade talks with the United States, with the market also eyeing this week’s FOMC policy meeting for guidance on […]
Iran’s Economy Is ‘Plummeting’ Under US Pressure Iran’s economy is faltering after the US pulled out of a nuclear deal in May, and Europeans are deciding not to do business there, said Nikki Haley, the US Ambassador to the United Nations. The US position remains not to do business with any EU countries that engage […]
Gold Prices Up, Easing Trade Concerns Soften USD + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Asian stocks extended gains Friday thanks to Wall Street marking all-time highs, as investors believe that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. […]
Gold Prices Steady, Trade Concerns Pressure USD + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT In Asia Asian stocks followed global indexes higher Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had on US growth amid the […]
Gold Prices Up, as USD Eases + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT Gold prices edged up Wednesday, as the USD weakened despite another round of reciprocal tariffs in the US-China trade dispute. In focus 19 September 2018 Spot gold up 0.1 % to 1,199.18 oz by 0044 GMT US gold futures […]
BREXIT Negotiator Says, “Deal Possible by November” The European Union’s chief BREXIT negotiator says a divorce agreement with Britain by early November is “possible,” and that has triggered a big rally in the Great British Pound. At a conference in the Alpine lake resort of Bled in northwestern Slovenia, Michel Barnier said a BREXIT deal […]
President Trump’s Mexico Trade Deal a Look at the Future President Donald Trump has sidestepped conventional processes, protocols and procedures in trade negociations Last Monday, the US reached a preliminary trade agreement with Mexico that addresses several American grievances. A similar deal with Canada may also to be on track. These breakthroughs, combined with an easing […]
President Trump Wants ‘Rapid’ Resolution of Trade Issues With EU Washington is pressing the European Union to move more quickly on trade negotiations launched after last month’s meeting between President Donald Trump and EU Commission President Jean-Claude Juncker. Emily Haber, Germany’s Ambassador to the United States, told reporters that a working group formed after the […]
FX: Sterling (GBP) Traders Focused on BREXIT Outcome GBP/USD: -0.32% to 1.2721, Tuesday’s action is the 9th consecutive decliner for the GBP Having sunk to 13-month lows, the Pound Sterling could fall by up to another 10% in the coming months should Britain crash out of the EU without a deal on future trade ties, […]
Iran Deal was Fatally Flawed, the Reinstatement of Sanctions is in Order The United States should never have entered into the international nuclear deal with Iran, and President Donald Trump is right to choose a stronger stance against the country’s regime, Representative Lee Zeldin (R-NY) said Tuesday. “I think it is outstanding,” the New York Republican […]
“Anyone doing business with Iran will NOT be doing business with the United States.” The 1st stiff set of US sanctions against Iran that had been eased under the landmark nuclear accord went back into effect at Midnight Tuesday under an executive order signed by President Donald Trump, targeting financial transactions that involve USDs, Iran’s automotive […]
Iran on the Verge of Collapse Willing to Talk with US ‘Right Now’ Iranian President Hassan Rouhani says he’s willing to talk to the US “right now”. His statement comes as US sanctions on the country took effect Tuesday. They were previously relaxed under the Y 2015 Iran nuclear deal. President Rouhani said Monday: “I do not […]
President Trump’s Policies Restore Economic Prosperity After about 19 months in the Oval Office, US President Donald Trump’s economic policies have begun to return the US to real economic prosperity. The U.S. Bureau of Economic Analysis (BEA) announced that in Q-2 of this year GDP grew at a 4.1% annual rate. It has been 13 years since […]
US Hails EU Trade Deal, President Trump Says Others Can Also Make Progress $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, US Treasury Secretary Steven Mnuchin declared the the United States will move ahead with European trade talks and also aim to strike a deal with Mexico and Canada in stalled negotiations over the North American Free […]
The Trump Effect: Victory for America’s Farmers in Trade Dust-up with EU Thursday, US President Donald Trump declared victory for American farmers after mitigating a trade dispute with the European Union. The agreement as a benefit of the US President’s straight forward tactics, which President Trump has deployed evenly against allies. The details of the […]
US Stocks ‘Jump’ on President Trumps Trade Agreement with EU’s Junker $DIA, $SPY, $QQQ, $RUTX, $VXX President Donald Trump’s agreement with European Commission President Jean-Claude Juncker pushed seven S&P 500 Index member stocks up more than 1% in the closing 18 mins of the trading session. Deere & Co., the world’s biggest tractor maker, surged […]
EU Aligns With President Trump on Trade Issues Wednesday, US President Donald Trump reached an agreement with European Commission President Jean-Claude Juncker aimed at averting a transatlantic trade war, easing tensions fueled by President Trump’s threat to impose tariffs on car imports. The 2 sides agreed to expand European imports of US LNG (liquified natural […]
President Trump, “China, EU ‘Manipulating Currencies’” President Donald Trump doubled down Friday morning on his plan to impose massive tariffs on China and the European Union, Tweeting that the United States should be on a “level playing field’’ with countries that have been “manipulating their currencies.” Trump also zeroed in on Canada in a 3rd […]
UK PM Theresa May’s Power Weakened Over BREXIT Former UK Foreign Secretary Boris Johnson implored fellow lawmakers not to abandon BREXIT urging them to remember the initial enthusiasm for a sharp break from the EU. UK Lawmakers confronted Prime Minister Theresa May on her plans for leaving the European Union Wednesday, with testy exchanges in […]
The European Union’s top officials arrive in Japan Tuesday to sign the single market’s biggest trade deal ever and present a united front as Washington upends the international trade order. EU Council President Donald Tusk and Commission head Jean-Claude Juncker land in Japan after talks in Beijing, where they urged global trade cooperation and warned […]
US Rejects European Plea for Exemptions From Iran Sanctions The Trump Administration has refused wide-ranging protections for European companies operating in Iran, rejecting appeals from Britain, France and Germany for exemptions from sanctions on the Tehran regime. Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin wrote, in response to a 4 June letter […]
President Trump: “May’s BREXIT Plan Could ‘Kill’ US Trade Deal” British Prime Minister Theresa May’s plan for BREXIT would “probably kill” the prospects for a free trade deal with the United States, US President Donald Trump said in an interview Thursday “If they do a deal like that, we would be dealing with the EU […]
President Trump, “EU possibly as bad a China on trade.” Sunday, President Trump said, Europe is “possibly as bad as China” on trade. “The European Union is possibly as bad as China, only smaller,” he said. “It is terrible what they do to us.” “I love those countries, Germany, and all of the countries. Scotland…. […]
President Trump Set to Destroy the Crumbling European Union Recently, US President Donald Trump proposed French President Emmanuel Macron leave the European Union, suggesting he would get a better bilateral trade deal for France in return European officials told reporters the President approached the subject during a private meeting at the White House with President Macron […]
Germany in Favor of Reducing Tariffs on US Car Imports $VLKAY, $BMWYY, $DDAIF German automobile executives have proposed ending the European Union’s 10 percent tax on American-made cars. US Ambassador to Germany Richard Grenell has reportedly met with chief executives from Volkswagen, BMW and Daimler, who pitched him the idea as part of a broader […]
Angela Merkel’s Government Crumpling, Ousting Looms A dispute in Angela Merkel’s coalition over migration policy has swiftly escalated into the biggest tests of her Chancellorship. The clash has opened a rift at the heart of her camp, between her Christian Democratic Union (CDU) and its CSU Bavarian sister party. How the conflict is resolved will […]
Euro: Europe is a Failed State $EURUSD Euro selling extended into Asia on Friday after the European Central Bank said it would hold off hiking interest rates at least for another year, while equity traders were uneasy ahead of Donald Trump’s decision on whether to hit China with fresh tariffs. The single currency was hammered […]
US Leads the Global Economies, EU Struggling $DIA, $SPY, $QQQ, $RUTX, $VXX NAS Comp Hits New Closing High on Strong US Economic Data The US economy is driving ahead of the rest of the world, now. May retail sales that topped forecasts Thursday, as the US racks up growth of at least 4% in the current […]
Populist Government Takes Power in Italy “Populism is the new organizing principle.” The new government has pledged to pursue a host of populist policies, including reclaiming national sovereignty from the European Union over issues ranging from border protection and immigration to economics and finance. For now, however, it has abandoned previous plans to hold a […]
Socialist EU Cracked, Crumbling from Inside Europe has relied on the US for protection and economic support, and now The Trump Administration has sanctioned the single currency bloc for refusing to level playing field on trade and unfair trade practices Friday, US President Donald Trump imposed tariffs on European steel and aluminum, dismissing Europe’s pleas, […]
Uncertainty in the EU, Rattles US Stock Market $DIA, SPY, $QQQ, $VXX Simply put, Italy has fallen out of love with the Euro! The DJIA and S&P 500 posted their biggest 1-day percentage decliners in a month Tuesday as political and financial turmoil in Italy triggered concerns about the stability of the Eurozone, shares of […]
As the EU Splinters, ECB’s Draghi Pleads for Currency Reform $EURUSD European Central Bank President Mario Draghi Friday called for greater central government interference in capital markets, stating his desire for a fiscal instrument that would alleviate crisis-driven stress on weaker countries. The Head of the European Central Bank (ECB) is urging political leaders to […]
President Trump, “US Cannot Ignore Unfair Trade Practices” US President Donald Trump said the US cannot ignore “rampant unfair trade practices” against it. President Trump’s latest comments on trade came in a Tweet Wednesday Recently he signed proclamations imposing a tariff of 25% on imported steel and 10% on aluminum. Monday, he slammed the European Union, saying […]
President Trump’s Secretary of Commerce to Talk Tariffs with EU US President Donald Trump says his Commerce Secretary will be talking to the European Union about tariffs he argues have been unfair to the United States. President Trump wrote on Twitter Monday: “Secretary of Commerce Wilbur Ross will be speaking with representatives of the European […]
President Trump to the EU, “Drop your tariffs, we will drop ours” US President Donald Trump challenged the European Union (EU) Saturday to “drop their horrific barriers and tariffs on US products” if those countries did not want to see new duties on their steel and aluminum exports to America. “We will likewise drop ours,” […]
Italian Voters Cast Doubts on the Survival of the European Union ItalExit is inevitable. Since the European Union’s (EU) founding treaty was signed in Rome more than 60 years ago, Italy has been a booster of increased unity and common purpose. That looks now to have come to an end. Sunday, Euroskeptics and populists rode […]
Secretary of Commerce, “No exemptions on tariff measures.” President Donald Trump spoke to world leaders about his planned tariff hikes on steel and aluminum and is not considering any exemptions to the measure, Commerce Secretary Wilbur Ross said Sunday. “I know he has had conversations with a number of the world leaders,” Secretary Ross said […]
Bitcoin Gains, Testing Key Resistance $BTCUSD Bitcoin marked gains Tuesday as new fund inflows into the industry continued to aid the popular digital currency’s move North as it moves to test Key overhead resistance. The total cryptocurrency market cap rose to about $460-B Vs the $450-B seen Monday, as traders appeared to downplay a recent […]
US President Trump Has Rained Apocalypse on ‘Davos Man’ We all knew something Apocalyptic was going to Davos it did! “I’m here to represent the interests of the America people and affirm America’s friendship and partnership in building a better world.” — President Donald Trump Those tactically released photographs of President Trump arriving by helicopter […]
Box Office: Global Expanded, Domestic Contracted in 2017 $DIS, $CMCSA, $TWX Revenue in North America for Y 2017 dipped 2.3%, but growth at the international box office resulted in a 3% uptick worldwide box. The performance of the Y 2017 worldwide box office was a roller-coaster ride. Attendance fell in North America to a likely […]
EU Seeks to Regulate Bitcoin, as it Tops $19,000. $BTCUSD, $DB Bitcoin is currently trading at: 19,199.1445, +1,099.16, or +6.07%, at close: 8:31p GMT Friday, EU states and legislators agreed on stricter rules to prevent money laundering and terrorism financing on exchange platforms for Bitcoin and other virtual currencie. The agreement is part of a broader set of […]
UAE Expects to be Taken off EU’s Tax ‘blacklist’ The UAE government said it was surprised and disappointed at being listed The United Arab Emirates (UAE) expects to be taken off the European Union’s tax-haven blacklist after it meets criteria for transparency set by the EU, the UAE government said Thursday. “We have committed to […]
The Key Points in the Brexit Deal From the Irish border to the divorce bill, the deal struck Friday between Britain and the European Union covers the main terms of divorce. It also paves the way for the 2 sides to start negotiating on the Key points of their future relationship, such as trade. Below […]
France’s Macron Takes Europe’s Center Stage, Germany’s Merkel Stumbles He has a big head and bigger ideas French President Emmanuel Macron, 39 anni, looks like the best hope to salvage a unified Europe, as Britain drifts away and Germany get mired. The role of Knight in shining armor is one Macron relishes, whether he’s standing […]
Tensions Arising on How UK Should Exit EU British Prime Minister Theresa May is facing new tensions within her Conservative Party on the Question of how to best manage Britain’s departure from the European Union. UK Foreign Secretary Boris Johnson told reporters that a proposed transition period to ease the impact of Brexit must not […]
European Commission President Jean-Claude Juncker Pushes Socialist Agenda Firstly Lets Remember Exactly Who Juncker Is On Greece’s economic meltdown in 2011 “When it becomes serious, you have to lie. On the introduction of the euro “We decide on something, leave it lying around, and wait and see what happens. If no one kicks up a […]
EURUSD closed up 0.001 at 1.203. Volume was 15% above average (neutral) and Bollinger Bands were 2% narrower than normal. Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Warning: bearish divergence Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish […]
100 000 Merkel Refugees are ISIS Soldiers More than 800 Britons have travelled to Syria and Iraq to fight with Islamic State. But the number of people who have returned is actually significantly less than expected. While 350 fighters have already made their way back home, up to 200 are believed to have been killed […]
THERESA May’s plans for a hard Brexit could boost the UK economy by £135 billion a year, top economists have predicted. They believe the UK could reap trade gains worth £80bn annually by removing tariffs for both the European Union and the rest of the world. Deregulating the economy and other Brexit-related policies could provide […]
Morning Briefing: WTI, Brent & Gold $USO, $OIL, $GLD Commentary: The perceived drop in NKorea threats and some weak data from China and the EU was all the excuse that old Crude Oil and Gold longs needed to exit. PE Crude Oil Crude Oil prices fell overnight with both Brent and WTI spot falling 2.60 […]
Downing Street sources have played down reports that the UK is prepared to pay a divorce bill of up to £36bn to try and force progress in stalled Brexit talks. The figure amounting to some €40bn would be offered in a bid to push discussions on from withdrawal and towards a future trade deal. Theresa May is expected […]
Bank of England says Brexit and the uncertainty around it has already hit people’s incomes and is weighing down the economy. Households have cut back on spending and businesses on investment, slowing the economy’s growth. It comes as the Bank downgraded its forecasts for the British economy this year, just days after EU statistics indicated the eurozone […]
The Government has proposed setting up a national investment fund to help fledgling UK businesses thrive and compete with their US counterparts, even after Brexit. The Treasury said on Tuesday that a consultation had identified a £4bn funding gap between US and British firms and that the new fund would “help address this gap and boost British business”. It also […]
The battle to control euro clearing once the U.K. leaves the European Union is getting uglier. LCH, the London Stock Exchange Group Plc unit that dominates euro clearing, wants to stop the European Central Bank from gaining the power to veto its decisions. Eurex Clearing, the Deutsche Boerse AG-owned subsidiary that would probably benefit most if London was […]
UN Plot to Replace Europeans with Refugees Exposed UN document reveals Y 2000 plan to push massive migration Millions of migrants mostly from Africa and the Middle East have swarmed Europe in the last three years, the result of what has been explained by world leaders as a war-driven “refugee” crisis. Yet, a United Nations […]
Europe’s Mass Migration: The Leaders Vs The People $MSFT, $FB Philanthropist and Microsoft co-founder Bill Gates recently said in an interview: “…you want to demonstrate generosity and take in refugees. But the more generous you are, the more word gets around about this — which in turn motivates more people to leave Africa. Germany cannot […]
Brexit – Britian leaving the European Union What even is the European Union? It’s sort of a United States except instead of states, it’s a union of nations. The 28 member countries agree to open their borders to other EU members, share a common market, and abide by various social and political policies. why do […]
The European Union is Failing, Why? What will the future of the European Union be? Bruce Thornton projects a solution to their future that lies in the EU showing greater respect for the diversity of cultures of its member states. He states, “The challenge facing Europe today is not just reforming its economies or crafting saner immigration […]
EU Hacked Britain’s Election Europe’s number 1 buffoon Juncker is said to have advised May to call an election because her then 17-seat parliamentary majority was not seen as strong enough to guarantee a strong negotiating position. A larger majority, he allegedly told May, would help her dictate the terms of the divorce bill. The […]
Trump Leaves Paris Climate Deal President Donald Trump is withdrawing the US from the Paris agreement on climate change, a UN treaty signed by almost 200 nations in 2016 and considered a major achievement by his predecessor, Barack Obama. The decision was announced Thursday afternoon in the White House Rose Garden. “In order to fulfill […]
Mario Draghi, “EU Growth Needs More Stimulus” The head of the European Central Bank (ECB) says while the economy of the 19-nation Eurozone is improving, but it still needs substantial stimulus. At a parliamentary hearing Monday in Brussels, ECB boss Mario Draghi said “the economic upswing is becoming increasingly solid and continues to broaden across […]
Euro in Focus as Draghi Speaks The Euro remains under pressure due to bad fundamentals and the view Macron will be to weak to implement reforms. Mario Draghi’s speech in the Dutch Parliament today might allow the Euro to partially recover, he constantly attempts to talk up the Euro but never delivers any of his […]
The European States are Allied with Islamic Regimes, Why? The crooked European states, champions of human rights and feminism, are allied with Islamic regimes. Here is why. What do dictatorships such as Iran, China, Qatar, Sudan have in common with one of the most advanced democracies in the world, Sweden? A vote at Unesco which […]
EUR Rallies on Macron Presidential Victory $EURUSD EUR rallied to $1.1023 from $1.0998 in early Asia-Pacific Forex trading Monday after pro-European centrist Emmanuel Macron, 39 anni, won the French Presidency, scoring a victory over far-right rival Marine Le Pen. The single currency reached its highest mark since November on Mr. Macron’s win, but the gains […]
Euro (€) Trading & The Election Voting is under way in the final round of France’s presidential race after a massive online dump of front runner Emmanuel Macron’s campaign data delivered a final dramatic twist to the country’s most bruising, divisive and significant election in decades. The Brexit spotlight swung last week away from the […]
BREXIT – Latest News Highlights The chief executive of Goldman Sachs has warned that London’s financial centre will “stall” due to the turmoil of the Brexit process. EU will be a smaller continent, economies will shrink accordingly, and Europe will face a demographic crisis. EU leaders have suggested that the Brexit bill would simply be […]
UK General Election: What will it mean for trade with the GCC? UK PM Theresa May has called for a Snap general election on 8 June The sudden call for a Snap general election in the UK on 8 June by British Prime Minister Theresa May last Tuesday took the country and the world by […]
Gold Marks 5 Month Highs on Geo-Political Concerns $GLD, $SLV, $SLW, $EXCFF, $GDX Gold rose about 2% to a fresh 5-month high Tuesday as investors sought safe havens from risk on mounting political and security concerns over North Korea, the Middle East and the French election. Spot Gold was up 1.53% at 1,273.44 oz by […]
Inflation in US Means Higher Interest Rates Speakers from the Fed are talking of up to 3 more Fed rate hikes this year. It is clear that Fed tightening is warranted by the steady rise in US inflation and the debate is more about the degree of tightening and the mechanism of tightening that is […]
Scotland Continues to Seek Independence Scottish lawmakers voted Tuesday to seek a new referendum on Independence, presenting the British government with a distraction as it prepares to trigger its EU exit aka Brexit. The legislature voted 69-59 to ask the British government to sanction an Independence vote that would be held within the next 2 […]
GCC States Push for UK Free Trade Deal After Brexit Trade between Britain and the GCC totals about $37.5-B annually Gulf Arab states are pressing for an early deal on free trade with Britain to secure preferential arrangements after Brexit, and could have a draft agreement ready within months, officials said Monday. Britain cannot formally […]
Dublin, a Future Hub for Financial Firms Fleeing Brexit $BAC, $HSBC, $GS, $MS, $JPM Britain’s plans to leave the EU have a Silver Lining is expanding daily along the banks of the River Liffey, a likely post-Brexit refuge for London’s City banking operations. Dublin’s financial district stretches for nearly a mile on both banks of […]
France’s Le Pen Supports Donald Trump’s Travel Ban Marine Le Pen, France’s National Front leader, came out in support of US President Donald Trump’s travel ban condemned by some other Western European leaders. “I think that most of the reactions are in bad faith,” Ms. Le Pen said in a TV interview. “It is a […]
Donald Tusk Should Resign his EU Council Presidency Donald Tusk is out of touch, he is still clinging to a New World Order that has collapsed along with the Euro. The EU experiment of Mega-Government and denationalized socialism has failed. Now he has identified Donald Trump as a threat to the EU. Is Donald Trump […]
EU Calls On China to Help Rebuild its Struggling Economy Cooperation with China could help the European Union (EU) to rebuild and strengthen its economy, National Bank of Hungary Governor Gyorgy Matolcsy said Monday. The EU needs to build political, intellectual, financial and human bridges between the EU and China, he said at the Lamfalussy […]
Positive Big Bankers See Regulations Abating Under President Donald Trump $DIA, $SPY, $QQQ, $VXX Ignore the left wing mockery that is coming. Wall Street’s big bankers attending the WEF in Davos said Thursday, that they are confident Donald Trump’s incoming administration will loosen regulatory constraints on financiers, even if it leaves Barack Hussein Obama’s signature […]
Report: UN Sees Bright Economic Future in Asia Wednesday, a United Nations report says Asia’s economic outlook for Y 2017 is strong despite slowing global growth due to sluggish international trade and investment. The world economy grew 2.2% in Y 2016, the slowest pace since the end of the Y 2008 financial crisis. Britain’s plan […]
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 (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 $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 […]
Greece’s Debt Crises Looms Large Again Recall, that before the Italian banking crisis and referendum, before Brexit, there was Greece’s debt crisis, the 1st crack in the EU socialist armor, it has not been fixed. If you wish to know why anti-EU sentiment and nationalism have developed in many of these countries you do not […]
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 $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 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 […]
The Eurasian Century Is Now Unstoppable I recently returned from a fascinating 2 week speaking tour in China. The occasion was the international premier of my newest book, One Belt, One Road–China and the New Eurasian Century. In the course of my visit I was invited by China’s Northwest University in Xi’an to give […]
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 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” […]
China, the World’s Economic Driver and Polluter Here is something to get your head around. These figures may be a little high given the slowdown in world economy. But, this moves the Chinese from Stratospheric to Upper Atmosphere. China has 19% of the world’s population, but it consumes: 53% of the world’s Cement 48% of […]
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 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 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 […]
Globalization is being “Trumped” by Nationalism $DIA, $SPY, $.DXY Globalization has been a fact almost from the dawn of history, several decades ago it emerged in its current expanded “household” form. The Big Q: How long will it continue in its current form? A report from the Credit Suisse Research Institute (CSRI) in Y 2015 […]
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 […]
G-20 Needs to take Global Economy out of Low-growth Trap With successes achieved in its efforts to counter the global financial crisis that broke out 8 years ago, the Group of 20 (G-20) now needs to structurally upgrade itself in order to take the global economy out of a low-growth trap. Around the globe, many […]
A Group of US Stocks that made Unusual Moves Friday $DD, $DOW, $IBM, $AA, $X, $NE HeffX-LTN tracked some unusual moves in the following stocks which played at part in the “why” the US market did not move higher Friday: E. I. du Pont de Nemours and Company (NYSE:DD) was down 1.9% to 67.66. The driving force […]
GCC Investors Halt Capital Flow Into UK Real Estate Gulf investors holding back on United Kingdom property deals due to concerns prices will fall on the UK’s vote leave the European Union. Sovereign and private investors from the region have been some of the most prolific buyers of British real estate in recent years, particularly […]
US Consumer Confidence (MSI) Dives in July $DIA, $SPY, $QQQ, $VXX Consumer Confidence in the US dove in July as UK’s vote to leave the EU, US has high-income earners on edge. The University of Michigan’s preliminary Sentiment Index (MSI) fell to 89.5, a 3 month low, from 93.5 in June. The median projection survey […]
The US Real Estate Market May Be a Beneficiary of Brexit The decision, made by UK citizens responding to former PM David Cameron’s referendum call, caused panic in world financial markets as it is believed that the UK will no longer have access to the EU’s single market. This loss of 500-M potential consumers within […]
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 […]