Showing 8159 Results for the euro
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Showing 8159 Results for the euro
Search instead for the euro
November 29, 2017
COMMENT: Mr. Armstrong; Your warning about the European Banks has come to a head today. Société Générale has announced it is closing 300 branches and firing 3450 staff. Everything you have been saying is proving to be correct when nobody else seems to even discuss the matter. I hope you come back to Paris. A […]
November 28, 2017
Asia responded to an uncertain US session with its own uncertainty! The Nikkei was almost unchanged despite the move back into the Yen. The currency traded back toward the 111 level but stopped shy by only a few Sen. The Hang Seng alos closed almost unchanged but we saw a small positive move back for […]
November 27, 2017
It was the strength of the Yen that took top discussion point today in Asia, or alternatively, the US Dollars weakness. Having shown early gains, the Nikkei tended to drift and was probably influenced by a much weaker China market. The Shanghai index finished near 1% lower as concerns start to grow following the sell-off […]
November 24, 2017
The EU Commission is deeply concerned that Italy is under pressure to spend frivolously because of the upcoming elections. The EU is now scrutinizing Italy’s huge sovereign debt. Because of the vast size of the Italian economy, the high level of total debt is a major concern for the Eurozone as a whole. The EU Commission […]
November 23, 2017
Asking €747,000 QUESTION: Possible Correlation with ECM-peak in Nov. 2017? Mr. Armstrong, just today I became aware of your story and your life’s work. Your theory is captivating, especially in the light of a series of unsettling changes in my work environment. All of this near Nov. 24-25, a predicted turning point within your ECM […]
November 22, 2017
Another solid day for Asia with many talking that the key takeaway was the Hang Seng clearing the 30k mark, the first time in 10 years. It even managed a close above this psychological level adding another 0.6% to the 36% already achieved this year. The Nikkei also added 0.5% an impressive performance given that […]
November 22, 2017
Merkel faces the worst crisis of her career and many behind the curtain are starting to wonder if she will even survive. The German Federal President Steinmeier could not actually order new elections immediately. The procedure in this regard is quite complicated in Germany. The earliest possible alternative would be to hold new elections come […]
November 21, 2017
Asia followed the strong US sentiment encouraged by better than expected data. Much of the moves however, can also be explained by increasing capital flow away from troubled areas. Mondays flow was forced after news that the German Chancellor Angela Merkel failed to form a government suggesting new elections. With the Euro losing ground we […]
November 20, 2017
Asia closed mixed in a fairly quiet session but ahead of what could be a wild week. The Nikkei’s decline was very much reflected in the Yen’s strength. Financials again weighed on the index but this is a reflection of both low volume of shares traded and the shape of the yield curve (2’s – […]
November 20, 2017
QUESTION: Mr. Armstrong; Your post of November 16th where you state that the ECB is looking to freeze accounts in a banking crisis, does that mean they will no longer honour the claimed insurance of €100,000 per account? PH ANSWER: No. They will not pretend to eliminate that insurance, they just will “suspend” it […]