Yes or No. Scotland Is Independent Already. 70% No !
Hearing book makers are already paying out bets on “no” votes. So that punter who placed the £400k bet would have collected his winnings. The market talk is for 70% “No” vote now… Continue reading
Hearing book makers are already paying out bets on “no” votes. So that punter who placed the £400k bet would have collected his winnings. The market talk is for 70% “No” vote now… Continue reading
Welcome to the EM round up. It happens once or maybe twice a year. This year, it started on the first day of January but soon erased losses into February, not without weakening… Continue reading
A short week for China coming in on Tuesday, unfazed by market action and the USDCNH holding its own against the mighty USD duck with the PBOC guiding the USDCNY fixing lower during… Continue reading
I have a theory. The AUDUSD can rise beyond reasonable expectations for prolonged periods but declines are sharp and fast because folks(hedge funds etc) cannot afford the negative carry of shorting the AUD… Continue reading
We have been hearing about low vols and more low vols since June but there was nothing we could do about it. And now I am hearing that JP Morgan’s fund is up… Continue reading
Scotland, land of the world’s favourite whiskies and the birthplace of Adam Smith, the father of modern economics. Bernie and I were discussing Scotland back in March this year during the run up… Continue reading
Seasoned traders are all prone to biases. For some weeks now, I have been re-conditioning my brain that I should not look at Iron ore prices when trading the AUD, trying hard to… Continue reading
The USD dollar is in a lonely place this year as central bankers break ranks in their hierarchies and mostly losing heart. The typical job of a central banker is to manage 1.… Continue reading
“The welfare of each is bound up in the welfare of all.” ~ Helen Keller This cannot be more true in the new world order. There are 24 nations in the developed markets,… Continue reading