Political uncertainty in the aftermath of Sunday’s elections in Turkey may have a profound impact on the country’s already struggling economy.
Could the ‘Ukraine Crisis’ turn out to be a much bigger one than anyone currently thinks? Well, it’s got all the hallmarks of a crisis…
The latest from Ashraf Laidi (@alaidi). Chief Global Strategist at City Index / FX Solutions, founder of http://www.AshrafLaidi.com, All ideas are my own, not to be taken as advice. London
By MoneyMorning.com.au I can be awfully cynical about Warren Buffett sometimes. There’s something about that folksy, down-home, man-of-the-people persona, and the gushiness of his fan base. It doesn’t sit well with the reality of being the man that even Goldman Sachs, the ‘vampire squid’ of legend, comes running to when it gets into trouble. But […]
The Fed has restored the world of unlimited money and that was a signal to get out of yen. JPY fell hard on the day with EUR/JPY rising more than 200 pips to the highest since 2009.
By MoneyMorning.com.au In Texas these days, there’s a feeling of absolute and unwavering confidence in the concept of an US energy revolution. From the depths of reserves to the richness of the energy, an incredible transformation is taking place. We’ve been talking about the significant impact of the US’s oil production for a while now, […]
• More soothing words from Fed Chairman Bernanke and a better-than-expected US durable goods orders figure sent stocks sharply higher overnight in the US, with the Dow Jones average recovering all of Monday’s loss and more to close at near the record high and the VIX index falling back to last week’s levels, before the […]
Even if you’re no watch fan you will have heard of Rolex. It’s known for its craftsmanship and favoured by many looking to invest in timepieces. That investment will be worthless though if you end up buying a fake. Bloomberg spoke to one watch dealer who gave us his top tips to spot a fake […]