Emerging Market (n) – Country where politics matters at least as much as economics to market outcomes ~ Ian Bremmer, Eurasia Group Economic development requires effective governments ~ Angus Deaton, Princeton Emerging markets… Continue reading
Presenting the SHCOMP weekly Monkey vs Lemmings Chart ! DO NOT UNDERESTIMATE THE POWER OF CHINA ! First this on the 1st of July. World Bank censures China for interfering in financial sector… Continue reading
A new 6 year low in the AUDUSD at 0.7509 (note the outdated fx rates in the table above), iron ore prices sliding and unspectacular economic data – big drop in the June… Continue reading
US LIBOR 1M 0.1866 3M 0.28175 6M 0.4464 ECONOMIC NEWS AND DATA MAY Industrial Production +2.4% MoM, expected +1.8% MAY Industrial Production -2.3% YoY, expected -2.6% May Bank Loans and Advances -0.1% YoY… Continue reading
A great weekend in time for us to see more stars next week as folks rejoice on the SCOTUS ruling on same sex marriage. I have been speaking to various people and will… Continue reading
A great weekend in time for us to see more stars next week as folks rejoice on the SCOTUS ruling on same sex marriage. I have been speaking to various people and will… Continue reading
US LIBOR 1M 0.187 3M 0.2813 6M 0.44365 ECONOMIC NEWS AND DATA May Non Oil Domestic Exports -3.1% MoM, expected -3.2% May Non Oil Domestic Exports -0.2% YoY, expected +2.3% May Electronic Exports… Continue reading
Is today the real crunch day ? Monday June 22: Emergency summit After finance ministers failed to reach a deal in Luxembourg, eurozone leaders have been summoned to an emergency summit in Brussels… Continue reading
I had a strange encounter recently, hanging out at a club where I was a guest of a member and somehow managed to antagonise a lady with my singing and dancing “prowess” that… Continue reading
US Libor 1M 0.18475 3M 0.28605 6M 0.4484 Economic News and Releases : April Retail Sales +0.8% MoM, expected +1.2% April Retail Sales +5% YoY, expected +5.4% April Retail Sales Ex Auto YoY… Continue reading