Silver as an investment

Category Archives: Italy

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

Europe’s Secession Problems Aren’t Going Away

Authored by Ryan McMaken via The Mises Institute, Earlier this week, The New York Times noted that movements for greater local autonomy appear to be spreading throughout Europe. In some ways, the conflict in Catalonia is just the tip of the iceberg. The Times reports:  Coming on the heels of the Catalan vote, the Lombardy […]

Cable Plummets On Report Brexit Talks Headed For “Catastrophic Breakdown” If No EU Compromise

Having traded near sessions highs most of the morning session, sterling suddenly tumbled (even if Gilts refused to move) following a Bloomberg report that the UK is said to see Brexit breakdown if the EU refuses to compromise. In immediate kneejerk reaction, GBPUSD plunged 50 pips, to session lows on fears that Theresa May’s visit […]

Italy’s Parallel Fiscal Currency: All You Need To Know

Authored by Marco Cattaneo, from Basta con l’Eurocrisi, via GEFIRA, There is an increased talk in Italy about fiscal money as an instrument to resolve the economic crisis, which is not over yet. Despite the optimism shown by the Italian government and the EU, the Eurozone economy is far from being in an acceptable condition, and […]

Wave Of Eruptions Along Pacific ‘Ring Of Fire’ Leave 10,000s Displaced

The Pacific “Ring of Fire” is living up to its name. The 450 or so volcanoes that make up the ring outline have been unusually active this year, sparking evacuations on the Indonesian island of Bali and on the tiny island nation of Vanuatu. Parts of southwestern Japan, meanwhile, have been shaken by a series […]

World Stocks Hit 4th Consecutive Record High, Bonds Rise On ECB QE Report

World stocks rose to a 4th consecutive record highs, while the dollar headed for its worst week; U.S. stock-index futures are steady, with European and Asian stocks higher ahead of much anticipated US inflation data, which is expected to give cues on the outlook for the Federal Reserve’s interest rates. MSCI’s all world equity index […]

S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record […]

NYPD Says Harvey Weinstein Evidence Was Presented To Manhattan DA

It appears that the first casualty of the Harvey Weinstein sexual abuse scandal, may be none other than the Manhattan District Attorney Cyrus Vance, Jr. According to an explosive new article published by the New Yorker on Tuesday, Vance had evidence of Weinstein’s sexually predatory behavior toward a woman, but didn’t pursue the case. The […]

How Columbus Revolutionized The Global Economy

Authored by Ryan McMaken via Mises Canada, Columbus Day this year brought with it the usual acrimony, and this Salon article hit the usual talking points by declaring European settlement of the Americas to be “the most massive act of genocide” in world history. Salon quotes historian David Stannard who writes: “[O]n average, for every 20 natives alive at the […]

FX Week Ahead: Discretion And Common Sense Not Easy For “The Machines”

Submitted by Shant Movsesian and Rajan Dhall MSTA of fxdailyterminal.com Coming off the back of a mixed payrolls report which saw the headline number recording a negative balance for the first time in 7 years, the USD initially gained on the rise in wage inflation which recorded a 0.5% increase in average hourly earnings.   Into […]