Study Shows Majority of Bitcoin Trading is Fairy Dust
In the article, Bitwise, an asset manager in the process of trying to list the first-ever bitcoin exchange-traded fund, said their analysis showed that “substantially all of the volume” reported on 71 out of the 81 exchanges was wash trading, a term that describes a person simultaneously selling and buyingRead More
New Brexit Vote: Second Referendum or No-deal
On Tuesday, March 12, the British Parliament will hold a second vote on the adoption of the Brexit plan, agreed with the EU. The January 15 vote ended in a resounding failure, considered the worst in the last century.Read More
Major China and the United States indexes are Vulnerable after a long rally
China and the United States returned to optimistic rhetoric about the trade agreement conclusion proximity and negotiations progress. Despite the fact that the initial deadline has already been passed, the markets are extremely positive about this news.Read More
Yuan Revaluation will be a Grave Mistake for the Chinese Economy
U.S want China to revaluate yuan a claim that can hardly be met by the Chinese if they do not want repeat Japanese 2 lost decadesRead More
Chinese Equities Enter a Bull Market on Trade Optimism
What sounded like mission impossible a couple of months ago, now seems doable. President Trump announced late Sunday that he will delay the U.S. increase on Chinese tariffs which were scheduled for 1 March.Read More
Why Trade Wars End is Good News for the Dollar
Markets cheer trade news talksGlobal markets demand for risky assets persists due to hopes for trade negotiations progress and confirmation of the Fed’s soft position. Sources close to the negotiations report that the United States and China are getting closer on key issues, that feeds hope of ending the tradeRead More
Is the Italian Government Thinking to Touch Gold Reserves?
The populist Italian government is looking at a controversial source of income to help cover the costs of its spending spree: the gold treasure held by the Bank of Italy (Bankitalia).Read More
Next Global Crisis – Strengthening U.S. Dollar Index or Weakening Euro?
Judging from the way the dollar index is weighted, the best bet for another surge to the upside will be a weaker Euro, Japanese Yen and British Pound.Read More
Russia – Not the Rating it Needs but the Rating it Deserves
Yesterday I took part in a discussion program on the Russia-1 TV channel. The topic was an urgent one – Moody’s raised Russia’s sovereign rating to investment grade (Baa3). The dispute was quite interesting. I am especially ‘impressed’ with the little verbal duel with a glorious demagogue communist, one ofRead More
What Does the Growth of the US Markets Mean?
The USD demand came back at the start of trade in London: the EURUSD pair has dropped to the lowest mark of the trading spectrum since November returning to 1.1300.Read More