Showing 1005 Results for brexit
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Showing 1005 Results for brexit
Search instead for brexit
April 11, 2016
The revelation that David Cameron’s father had offshore accounts through Panama has continued to plague Cameron and could create a nudge toward the tipping point come the BREXIT vote in June. “I know that I should have handled this better, I could have handled this better. I know there are lessons to learn and I will […]
March 31, 2016
After an initial opening surge in the Nikkei, briefly topping 17k, sellers appeared and drove prices lower to close the day -0.7%. The JPY was weaker throughout the morning session but had also turned stronger to balance the Nikkei swing. With the 10yr JGB having turned negative recently, this will squeeze banks and foreigners in […]
March 30, 2016
Janet Yellen signaled that the Fed is grappling with the problem I have been warning about: the dollar has become the de facto currency and the Fed is indeed becoming the world’s central bank. Yellen has admitted that everyone is lobbying the Fed to surrender its domestic policy objectives for international ones. This is precisely […]
March 28, 2016
The Nikkei was the bright spot in Asian equity markets today closing up 0.8% whilst the JPY decline would have cost 0.3% of that gain. It was far better than the declines we saw in mainland China which closed -1.7%. Yuan gained small ground today and was last seen 6.5212. Given the majority of the […]
March 24, 2016
The ramifications for the refugee crisis in Europe are crossing the “pond” and arriving in the USA. There are mainstream politicians now calling for visa requirements for EU citizens because they do not know who are terrorists among them. Even Ted Cruz has been forced to jump sides after adopting Trump’s positions in part. Where Trump […]
March 22, 2016
Shortly after the European open news broke of the Belgium terror attacks and we saw the usual flight to quality. Treasuries rallied, as did Gold and the US Dollar while stocks fell and in particular airlines and travel companies. At one stage we saw the DAX down over -1.5% with CAC, IBEX and FTSE not […]
March 21, 2016
With Japan on national holidays it was left to Shanghai and Hang Seng to show the rest of the world the way forward. With the help of the PBOC, adding ample liquidity and fixing the Yuan rate at 6.4824 (compared to 6.4628 on Friday) stocks saw a healthy 2%+ gain for the day. HSI closed marginally firmer. In […]
March 19, 2016
https://www.youtube.com/watch?v=EbINrdyAXlE This came precisely on our target. This past week was the tipping point for Europe. The start of the real decline in the euro where mainstream capital begins to question whether negative rates can really reverse or stimulate the economy unfolds after 2016.202. This comes into play March 13/14, 2016. This is not my personal […]
March 17, 2016
We are entering a period of major political change driven by the economy. This is what has driven our forecasting models as well. This is by no means a personal opinion or a desire on my part to see some sort of upheaval. The entire purpose of providing this type of forecasting is to PROVE […]
March 16, 2016
Asia closed mixed in a session dominated by central bank thinking and with the uncertainty of holding recent gains. The BOJ was vocal only in that they stated it was too early still to monitor the effects of the recent negative move. The JPY returned to previous highs and in late US trading Nikkei futures have dropped […]