Opinions, Page 6
U.S. Dollar Index Should Be Big Winner if Draghi is Dovish
A few times last week I wondered about how European Central Bank Mario Draghi was sleeping these days since in a few days he will holding one of his most important press conferences in the history of the ECB. I came to the conclusion that he’s been sleeping fine becauseRead More
Shutting Down Government May Be Trump’s Best Negotiating Weapon
September is set to begin with the United States Congress facing two major issues: raising the debt ceiling, which is the legislative limit on how much the government can borrow, and passing a spending bill. According to the U.S. Treasury, Congress needs to raise the debt ceiling by September 29.Read More
Now Is Not the Time for Trump to Push for Tax Reform
According to White House chief economic adviser Gary Cohn, President Donald Trump will begin campaigning for his long-awaited tax reform plan this week. Late last week, Cohn said the announcement would be made this Wednesday while the President visits Missouri.Given Trump’s record so far in passing key legislation that areRead More
Mayweather vs. McGregor: The Money Fight is All About Money
All records are expected to be broken in this event, from the total revenues that have been estimated to reach around $700 million, the insane amount that both fighters will gross of the income, and the rising inflation in tickets’ price.Will Mayweather vs McGregor Break All Revenues Records?Two years ago,Read More
No Confidence for Jacob Zuma Equals No Action for the South African Rand
History books are not short of country leaders holding on to their posts, when everything and everyone indicate that they should relinquish power. Back in the day, it was difficult and expensive to rally support and a unified voice from the masses, now, however, thanks to the growth of technologyRead More
Is Bitcoin Ready to Steal the Safe Have Status from Gold?
There’s an old stock market saying; “put 10% of your wealth into gold and hope it goes down”.This saying underlines the well-known fact that when gold rises in value it indicates that other assets are performing terribly and fear is gripping the market. If we look at recent events, especiallyRead More
All the Reasons why Bitcoin Price Breaks Above $4000, What’s Next?
Bitcoin prices have been on a roll ever since the fork completed on August 1 and the bitcoin network managed to survive through that phase. During this period, we have seen the bitcoin prices push through $3000, which had been a huge psychological bugbear on the prices and the bullsRead More
North Korea – How Much of a Threat?
By the end of World War II, the United States and the Soviet Union took over the Korean country, ending a long Japanese rule of 35 years. During the cold war, both countries remained in a perpetual state of war, faced equal economic, political and social status.However, the fall ofRead More
Bitcoin Split is the New QE
The 1st August Bitcoin fork event was a long time coming with talks of Armageddon doing its rounds in the Cryptoworld as the tussle between the Bitcoin mining cartel and Bitcoin’s core developers hit fever pitch.We saw the evolution of Bitcoin Cash resulting in Bitcoin Cash running alongside Bitcoin andRead More
Takeaways from the August Super Thursday, Maybe not So Dovish
The Bank of England’s Monetary Policy Committee met last week and there were some interesting developments. We will try to sieve through the plethora of information and pick what we think were the salient points.First of all, we start with the interest rate decision. The July meeting’s split was 5-3Read More
Bitcoin Fork Explained
On Tuesday a cluster of disgruntled Bitcoin activists, digital miners and entrepreneurs managed to forge a new version of the world’s most famous cryptocurrency, and Bitcoin Cash was born. It didn’t take wry commentators long to name the incident ‘Bitexit’, rather inevitably, though it could become just as epochal asRead More
Will Hassan Rouhani’s Inauguration Affect the Markets?
When it comes to geopolitical tensions, Iran has been under the spotlight and sharing the stage with US President Donald Trump, whose sentiments towards the nation are no secret. He has not minced his words when it comes to his disdain for the Joint Comprehensive Plan of Action, or JCPOA, colloquiallyRead More
Will Bitcoin Network Split to Two on August 1st? All the Things You Need to Know About it
The probability of a blockchain split on August 1st has abated somewhat in the final week of July, though uncertainty remains over what is actually going to happen in a matter of days that could change sentiment for Bitcoin and cryptocurrencies in general, on a permanent basis, depending upon theRead More
Gold Nearing Trigger Point for Upside Breakout
Gold’s close on Friday over a significant level on the charts may be a strong sign that investors are finally committing to the long side after a mostly sideways trade since late February.If you look at the Weekly December Comex Gold futures chart, you’ll see that the market has beenRead More
Will Trump and Putin Establish a New World Order or a New Cold War?
Fake News or a U.S – Russian AllegianceNews of a second meeting between Trump and Putin has hit the wires with the markets and, quite likely Republican voters, somewhat bewildered, joining the ranks of the G20 Summit dinner guests, whom were quite likely watching in disbelief as the U.S President BFF’d theRead More
SegWit Versus Segwit2x: Get Ready, Bitcoin Civil War Starts Now
Next Month TimelineBitcoin Civil War Can Split the Currency in Two SegWit Versus Segwit2xSo, What’s Next?With plenty of uncertainty in recent months over the heavily anticipated Bitcoin Fork event, we have seen cryptocurrency valuations recover from June and early July’s volatility, as miners, businesses and the development community show more alignmentRead More
RBA Debelle’s Comments May Have Killed the AUD/USD Rally
Bullish Australian Dollar investors held a great party last week, but as the saying goes, “Every party needs a pooper, that’s why we invited you”. That “you” was Reserve Bank of Australia (RBA) deputy governor Guy Debelle. I really don’t think he was invited to the party, but if I’mRead More
Watch Out – Ethereum Hashrate is Unstable
What is Hashrate?Cryptocurrency MiningWhy Ethereum Prices Crash? Twice?What’s Next for Ethereum?Oh Yes, August 1stSo, what’s going on in just a couple of weeks?Ether fell below $190 at the end of the last week, a 13% fall on 14th July alone, in what had been a choppy week, with prices having fallenRead More
Mobile Phone Bill Indicator Says Fed Should Delay Next Rate Hike
Where did inflation go? That’s a good question. If you ask U.S. Federal Reserve Chair Janet Yellen, she may tell you that it’s out there, but not ready to reappear in the numbers until wages start to rise. This may be true but why would wages rise?In the past, workersRead More
Are Precious Metals Breaking Down, or Are We Setting up for a Big Rally?
The Macroeconomic PerspectiveGold and Silver are assets which have been of great importance for thousands of years. Up until a few decades ago, gold was explicitly linked to currencies (such as the US$) and was broadly used as money. In the past few decades – particularly following Nixon’s decoupling of theRead More