By: Omar Eltoukhy Hi Everyone!! First of all, I would like to thank everyone who took the time to post a “thank you” or “Merry Christmas” to the site and via email. That is more appreciated than you can know. It is not often we take time off...
Another rate cut and another currency appreciation. Following in the footsteps of the ECB and once again their decision anticipated by the market, the RBNZ cut their rate last week to 2.5% but the NZD did not fall as one might expect for two reasons. Firstly a large...
One of the tweets I read on Friday following the drama the day before, and from a reputable analyst and author, John Netto, said that ‘Market Historians will come to know 2015 as the year of ‘’Misinterpretation of Central Banks’ As the post Draghi autopsy continues,...
Santa Claus may well be coming to town in three weeks but not before Mr.Drahi who hits the scene as soon as Thursday with his much anticipated monetary policy decision and another twelve eclectic individuals closing in on Austria’s Friday Opec meeting with their...
I thought of just writing one paragraph this week. No-one knows what is going on! It would be about the lack of direction, the distortion of policy and economics by central banks across the globe, the inevitable growing mistrust of their opinions and the dangers of...
To discuss the economic consequences of Fridays deadly attacks in Paris so soon after the event, seems disrespectful. The emotional effect in Europe and that includes the UK , and beyond, has been profound and a state of shock and sadness prevails. Of course it does...
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