Pfizer Announces COVID-19 Vaccines Shipment Delays
The euro today fell against the resurgent dollar following yesterday’s speech by Jerome Powell saying that it was too early to consider tapering of the Fed’s bond-buying program. The EUR/USD currency pair’s decline...
Dutch PM Rutte Resigns Over Childcare Subsidy Debacle With Italian politics once again in shambles (heading for its 132nd government in 160 years), Europe is now...
It has been a relatively quiet week for the euro. Currently, EUR/USD is trading at 1.2124, down 0.25% on the day. ECB notes low inflation, high...
Futures Slide On Doubt Biden Can Pass $1.9 Trillion Stimulus; Reflation Trade Fizzles US equity futures and global shares slumped on Friday after Joe Biden unveiled...
Oil runs out of steam Crude’s steady ride higher appears to be running out of gas. Much of the rebound in oil prices has been vaccine...
The euro today fell to new 4-week lows against the dollar as investor sentiment towards the single currency remained bearish extending yesterday’s losses. The EUR/USD currency pair’s decline was also fueled by the dovish...
The euro has declined for a second successive day. Currently, EUR/USD is trading at 1.2119, down 0.32% on the day. Euro remains under pressure The markets...
Stocks, Yields Rise On Expectations Of "Biden's Trillions"
Blain: Distracting Times Authored by Bill Blain via MorningPorridge.com, "Some men are born mediocre, some men achieve mediocrity, and some men have mediocrity thrust upon them....
Rating agencies’ drawbacks come to light again In times of crisis, markets understandably pay particular attention to the actions of credit rating agencies. For example, during...
Italian Government Near Collapse After Renzi Pulls Ministers From Ruling Coalition As if there wasn't enough chaos in the world. Yesterday we reported that under the...
Italian Government Near Collapse After Renzi Pulls Ministers From Rulling Coalition As if there wasn't enough chaos in the world. Yesterday we reported that under the...
Futures Fall Ahead Of Key Inflation Print On Impeachment Wednesday The dollar rebounded from Tuesday's selloff, as global markets dropped with S&P futures down 8 points,...
The euro today inched higher against the US dollar reversing a 3-day downtrend fueled by the positive investor sentiment but posted meagre gains. The EUR/USD currency pair ended up trading largely sideways...
S&P Futures Rebound Even As Treasury Yields Blow Out Into "CTA Redline" Territory Global stocks and US equity futures rebounded from the recent selloff as investors...
Overview: The capital markets were stabilizing today after dramatic moves yesterday. Equity markets are recovering, and the dollar is paring yesterday's gains. Most equity markets in...
Italian Government On Verge Of Collapse Amid Battle Over EU COVID Relief Under the leadership of Premier Giuseppe Conte, Italy's government has enjoyed a degree of...
Last week, IHS Markit reported that sentiment in Mexico’s factory sector had slipped again during December 2020. The organization’s manufacturing PMI had declined for the second...
The Perfidious Effects Of Money Printing Via SchiffGold.com, There were a number of inauspicious records set in 2020 and the impacts will continue to reverberate through the economy...
This is a talk I gave for IGIER at Bocconi (zoom, sadly) Jan 11 2021. Olivier Blanchard also gave a talk and a good discussion followed....
The euro slide has continued on Monday, as EUR/USD has fallen for a third straight day. Currently, EUR/USD is trading at 1.2145, down 0.62% on the...
Key Events This Busy Week: Trump Impeachment #2, Powell Speaks; Inflation Data, Earnings Season Starts In another week which will likely be dominated by political events...
The EUR/USD pair declined today, falling for the third trading session in a row, despite the improving investor confidence in the eurozone. The euro fared far better against other major rivals, though. The sentix eurozone economic...
Futures, Bitcoin Slide As Buying Frenzy Fizzles; Dollar Jumps US equity futures and world stocks dropped from Friday's record highs on Monday as a mood of...
The US election in early November was an inflection point. Stocks have rallied. The dollar has been sold. The rise in US yields has dragged up...
The Slow Implosion Of The European Union Authored by Bruce Antonio Laue via Taki's Magazine, It was just supposed to be a trading organization, a way...
S&P Futures Hit Record High Above 3,800 Ahead Of Dismal Payrolls Report While there is broad consensus that today's payrolls report will be ugly, with economists...
After setting record highs in early December, global equities vacillated on market concerns over the resurgence of COVID-19 to end the month with a rebound to...
Vltava Fund’s letter to shareholders for the fourth quarter ended December 2020,discussing the three types of inflation being: monetary inflation, asset price inflation, and consumer price...