Gold Flat on Firm USD, China Trade Tensions Continue + Commodities

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities

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

Gold Down on From USD, as China Halts Trade Talks + Commodities

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 ‘Plummeting’ Under US Pressure”

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

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities

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

Gold Prices Steady, Trade Concerns Pressure USD + Commodities

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

Gold Prices Up, as USD Eases + Commodities

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”

BREXIT Negotiator Says, “Deal Possible by November”

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 Trump’s Mexico Trade Deal a Look at the Future

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

President Trump Wants ‘Rapid’ Resolution of Trade Issues With EU

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

FX: Sterling (GBP) Traders Focused on BREXIT Outcome

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 

Iran Deal was Fatally Flawed, the Reinstatement of Sanctions is in Order 

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.”

“Anyone doing business with Iran will NOT be doing business with the United States.”

“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’

Iran on the Verge of Collapse Willing to Talk with US ‘right now’

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

President Trump’s Policies Restore Economic Prosperity

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

US Hails EU Trade Deal, President Trump Says Others Can Also Make Progress

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

The Trump Effect: Victory for America’s Farmers in Trade Dust-up with EU

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

US Stocks ‘Jump’ on President Trumps Trade Agreement with EU’s Junker

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

EU Aligns With President Trump on Trade Issues

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 Trump, “China, EU ‘Manipulating Currencies

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

UK PM Theresa May’s Power Weakened Over BREXIT

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 […]

EU and Japan Free Trade Deal

EU and Japan Free Trade Deal

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

US Rejects European Plea for Exemptions From Iran Sanctions

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”

President Trump: “May’s BREXIT Plan Could ‘Kill’ US Trade Deal”

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 Set to Destroy the Crumbling European Union

President Trump Set to Destroy the Crumbling European Union

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 […]

Angela Merkel’s Government Crumpling, Ousting Looms

Angela Merkel’s Government Crumpling, Ousting Looms

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 […]

Populist Government Takes Power in Italy

Populist Government Takes Power in Italy

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

Socialist EU Cracked, Crumbling from Inside

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, […]

As the EU Splinters, ECB’s Draghi Pleads for Currency Reform

As the EU Splinters, ECB’s Draghi Pleads for Currency Reform

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”

President Trump, “US Cannot Ignore Unfair Trade Practices”

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

President Trump’s Secretary of Commerce to Talk Tariffs with EU

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”

President Trump to the EU, “Drop your tariffs, we will drop ours”

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,” […]

Bitcoin Gains, Testing Key Resistance

Bitcoin Gains, Testing Key Resistance

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’

US President Trump Has Rained Apocalypse on ‘Davos Man’

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

Box Office: Global Expanded, Domestic Contracted in 2017

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.

EU Seeks to Regulate Bitcoin, as it Tops $19,000.

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’

UAE Expects to be Taken off EU’s Tax ‘blacklist’

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 […]

France’s Macron Takes Europe’s Center Stage, Germany’s Merkel Stumbles

France’s Macron Takes Europe’s Center Stage, Germany’s Merkel Stumbles

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

Tensions Arising on How UK Should Exit EU

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

European Commission President Jean-Claude Juncker Pushes Socialist Agenda

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 […]

Time to Sell EURUSD

Time to Sell EURUSD

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

100 000 Merkel Refugees are ISIS Soldiers

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 Plans To Boost UK Economy By £135 Billion a Year

Theresa May Plans To Boost UK Economy By £135 Billion a Year

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 […]

BREXIT – £36bn Divorce Bill

BREXIT – £36bn Divorce Bill

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 […]

UK Economy Has Dropped Since Brexit

UK Economy Has Dropped Since Brexit

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 […]

BREXIT – National Investment Fund To Support UK Despite Negative Influences

BREXIT – National Investment Fund To Support UK Despite Negative Influences

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 […]

Brexit – Fight For Euro Clearing

Brexit – Fight For Euro Clearing

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 Plot to Replace Europeans with Refugees Exposed

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

Europe’s Mass Migration: The Leaders Vs The People

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 […]

The European Union is Failing, Why?

The European Union is Failing, Why?

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

EU Hacked Britain’s Election

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 […]

Mario Draghi, “EU Growth Needs More Stimulus”

Mario Draghi, “EU Growth Needs More Stimulus”

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 […]

EUR Rallies on Macron Presidential Victory

EUR Rallies on Macron Presidential Victory

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

Euro (€) Trading & The Election

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 […]

Gold Marks 5 Month Highs on Geo-Political Concerns

Gold Marks 5 Month Highs on Geo-Political Concerns

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 […]

Scotland Continues to Seek Independence

Scotland Continues to Seek Independence

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

GCC States Push for UK Free Trade Deal After Brexit

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 […]

EU Calls On China to Help Rebuild its Struggling Economy

EU Calls On China to Help Rebuild its Struggling Economy

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

Positive Big Bankers See Regulations Abating Under President Donald Trump

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 […]

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 […]