By Nicholas – Published on February 9, 2018
World markets continue to be sold, with most assets now joining the equity exchanges in a torrent of red pixels. All of the major US indices were down for the day, with the Dow Jones Industrial Average posting a psychologically significant 1000 point loss. Today that number isn't as dire as...
By Nicholas – Published on December 15, 2017
The Federal Reserve raised rates on Wednesday, taking their target rate to 1.25%-1.5% Despite the dollar getting a touch more yield, gold seemed to react very well to the news. Going into the meeting there had been a lot of talk about how continuing the tightening cycle could be bearish for the...
By Nicholas – Published on November 6, 2017
There has been talk of the of the US Dollar's (USD's) impending demise for years. It is easy to cite any number of reasons why the USD is on its last legs, but to date, it is still the most used currency around the world. One of the biggest reasons why the USD is so popular is probably...
By Nicholas – Published on October 25, 2017
According to reports from the Nikkei Asian Review, the Shanghai International Energy Exchange (SIEE) is in the last stages of preparation before launching a crude oil futures contract that will be both open to international entities, and priced in Chinese Yuan. China recently overtook the United...
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