IHS has just released its widely followed Markit Flash Eurozone PMI, the numbers are unbelievably bad. The eurozone economy suffered the steepest falls in business activity and employment ever recorded during April as a result of measures taken to contain the coronavirus outbreak, according to provisional PMI survey data. The Flash Eurozone PMI Composite Output […]
Europe’s long coastline is dotted with settlements whose inhabitants have, for centuries, made their living from the Sea. Today, many feature historic mansions, charming historic squares and quaint harbors that draw as many tourists as fishermen. Though some have grown into cities, others are constrained by the physical landscape to remain very beautiful coastal towns. Here are […]
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 […]
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 […]
Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets The Data Show That Nearly 50% of ICO Investors are Europeans $BTCUSD $CME, $CBOE Nearly 50% of the cash that has poured into newly issued ICOs (cryptocurrencies) in recent years has been raised in Europe, research published Thursday showed. The report by Atomico, one of Europe’s […]
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 […]
The French Have a Reason to Be Scared, They Elected a Islamic Patsy The French branch of the Muslim Brotherhood published an official communiqué, saying: “Muslims think that the new President of the Republic will allow the reconciliation of France with itself and will allow us to go farther, together.” He has been dubbed a […]
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 […]
Most Europeans Favor Immigration Ban From Muslin-majority Countries A majority of Europeans want a ban on immigration from Muslim-majority countries, a new poll reveals. An average of 55% of people across the 10 European countries surveyed wanted to stop all future immigration from mainly Muslim countries. The Chatham House study, conducted before US President Donald […]
Euro Long Term Bearish Trend Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 1.06. The projected lower bound is: 1.02. The projected closing price is: 1.04. Candlesticks A black body occurred […]
The European Union is Breaking Apart Italian voters rocked Europe’s elite more at the weekend more than Austrian voters were able to steady it. With its shaky banks and massive economy, Italy is now in the throes of energized populists who are not friendly with the EU leaders in Brussels. A big Storm is on […]