I remember a wager made here in 2012 that gold would beat the S&P 500 by 2020. The price promptly crashed and it has barely broken even since. I recall that US shares were“obviously”doomed to crash (2015–) or that government bonds were“guaranteed”to lose money (2010–). Oops. Van...
This week also sees the latest episode in the comedy of errors that has been economic policymaking in Europe. The ECB will almost certainly cut rates, probably by half a percent; unfortunately for M. Trichet and co., it probably comes too late for the merchant of Venice or two gentlemen ...
Also, swap rates, otherwise known as interest fees, are charged to clients that hold positions overnight. Details of swap fees can be found on the broker’s website.Overall, if you take Admiral Markets vs well-known names, such as Plus500, Zulutrade, and XTB, the online broker comes in...
Over the weekend, China's Minister of Finance Lan Fo'anhinted at more debt issuanceas the country aims to shore up its economy. He also signaled that more stimulus could be on the way. Many investors and analysts had been hoping for a new major stimulus package to be unveiled at the br...
China’s Ministry of Commercecalledthe move “conducive to the normal trade between Chinese and American companies” in a statement, adding that it is now “entirely possible to find a solution that benefits companies on both sides.” After meeting with Raimondo on Monday, Wang struck a po...
If you are looking for something different to do, I urge you to head north to Hamburg on Friday, spend the weekend enjoying the city and go to the famous fish market early on Sunday morning.Discover the VeggieWorld Expo VeggieWorld is a consumer and trade fair for products and services supp...
"That said, given the vagaries of trade and other policies next year, the signal from the dots may be even less useful than ordinarily." Investors have been steadily scaling back expectations of how far rates may fall, in part reflecting solid economic news and speculation President-elect Donal...
1. The market was getting too frothy for some July had been a propitious time for crypto. Patient creditors at Mt Gox and Genesis received good news about getting their long-awaited payments and there was bullish talk of a crypto “Trump trade”, based on the idea that a Donald Trump pre...
Bitcoin was trading at around $87,000 after topping $80,000 for the first time over the weekend. Bitcoin has gained about 30% over the past week on hopes that a cryptocurrency-friendly White House and Congress could provide substantial benefits to the asset class. ...
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