Even before Covid-19 struck, Wisconsin exports were declining despite a sideways-trending dollar… Figure 1: Real “exports” of goods originating in Wisconsin, deflated by US PPI-all commodities...
European bourses are drifting, hovering around all-time highs in quiet trade after a subdued session on Wall Street. Few investors are willing to take on big...
Markets await US inflation data Hurry up and wait best sums up the overnight session as the street treads water while remaining laser-focused on tomorrow night’s...
Markets eye US inflation It was a non-descript session overnight as markets settled into a pre-US-inflation waiting game. Thursday’s data could mean this week seems interminably...
More and more analysts are projecting that gold will be going at least as high as $3,000/ozt over the next few years. One analyst even claims that...
With the use of the remaining 2020 carry-over leave week off complete, it appears that in my absence, the more things change, the more they stay...
Currency markets struggle for direction After a week away, not a lot has changed in the currency space. Overall, the US dollar looks slightly weaker as...
Escobar: How St. Petersburg Is Mapping The Eurasian Century Authored by Pepe Escobar via The Asia Times, While G7, NATO and US-EU summits – all platforms...
Having hit a record high in late April, global equities peaked again in May after a choppy spell. Inflation appears to worry investors less now than...
European bourses are edging lower in cautious trade on Friday. The weaker start comes following a tech-led decline on Wall Street overnight and as investors look...
US economic data is good, but not yet supportive of the substantial progress that is needed for the Fed to seriously begin talking about tapering asset...
The U.S. dollar index recorded its best daily performance in almost nine months just as the BTC/USD exchange rate fell following Elon Musk's cryptic tweet. Bitcoin...
Overview: Stronger than expected US employment data, ahead of today's monthly report and compromise proposal on corporate tax by the White House to help secure a...
Oil trades at yearly highs Oil prices are extending gains for a third straight session, trading at a yearly high as the OPEC+ group maintained their...
The British pound is down considerably in Thursday trade. The pair is currently trading at 1.4101, down 0.47% on the day. British service sector surges The...
The euro is down for a second straight day. In the North American session, EUR/USD is trading at 1.2180, down 0.28% on the day. Germany Retail...
Markets are worrying about rising inflation, but to date, there has been no evidence yet of ‘demand-pull’ inflation amplifying cost-push pressures, especially in Asia. There is also...
The billionaire investor Ray Dalio believes China’s digital yuan will outpace the efforts of the United States dollar and its goals to create a central bank...
IceCap Asset Management: The Story Of The Year Submitted by Keirh Dicker of IceCap Asset Management, as excerpted from the May 2021 report: "Californication" The Elephant...
The Canadian dollar is almost unchanged at the start of the week. In the European session, USD/CAD is trading at 1.2064, down 0.06% on the day....
The US dollar, which confounded most observers by appreciating in the first quarter, has fallen broadly in April and May. The drivers, ironically, are the same: ...
Treasury yields are stuck in no man’s land as Wall Street now agrees with the Fed that inflation will be transitory. The underlying components of inflation...
Futures Jump, Meme Stocks Soar Ahead Of Key Inflation Print S&P futures rose on Friday after solid economic data and Joe Biden’s leaked $6 trillion federal...
Rising Eurozone economic sentiment and the prospect of further stimulus in the US have boosted the mood in the markets on Friday, helping European stocks inch...
The euro is almost unchanged on Friday. In the North American session, EUR/USD is trading at 1.2190, down 0.02% on the day. In Germany, Covid-19 cases...
Bank of Japan governor Haruhiko Kuroda questioned Bitcoin’s use case during an interview yesterday, business news outlet Bloomberg reported. The post Bank of Japan governor slams...
Euro steady, pound and yen show gains The dollar index was barely changed overnight, finishing just 0.05% lower at 90.00, nestled near to the top of...
Biden to present budget proposal President Biden’s Preliminary Budget is envisaging a USD1.8 trillion deficit next year, after tax rises. Of course, what the President would...
Futures Slide Ahead Of Data Dump, Yuan Rampage Continues U.S. stock index futures ticked lower ahead of an economic data dump that will reveal the latest...
The US dollar staged a surprising rally overnight on no particular news, after being on the back door for the past few sessions. The dollar index...