Gold-Based Monetary System To Bring Price Stability To Crypto

Authored by Maria Yavuz via CoinTelegraph.com, Gold-based monetary system Kinesis aims to bring price stability to the world of cryptocurrency and to prevent the decrease of its value. The company says it has already attracted interest from key players in the gold industry, which is estimated at $6.8 trillion…

China’s Inflation Comes In Hot; Here’s Why It Won’t Last

With China launching an aggressive fiscal and monetary stimulus over the past 2 months to keep its economy humming in response to Trump’s trade wars, coupled with the sharp depreciation in the Chinese Yuan ever since Trump launched his first round of tariffs on Chinese…

Saudi King Shelved Aramco IPO To Teach Son, Prince Bin Salman A Lesson

Less than a year after Saudi Arabia’s unprecedented monetary shakedown of wealthy princes and other Saudi oligarchs in November 2017, which among others ensnared Prince Alwaleed bin Talal who was an involuntary “guest” at the Riyadh Ritz-Carlton for months – until he emerged a free…

In Surprising Reversal, Pace Of Global Rate Hikes Approaches Pre-Lehman Period

Most of the post-Lehman era has been characterized by unprecedented easy monetary policy meant to inflate asset prices, and sure enough after 705 rate cuts, and $12.4trillion in QE, the S&P is just shy of its all time highs. However, over the past year, a…

Full ECB Preview And Draghi Scenario Analysis

Today at 13:45 CET/ 7:45am EDT the ECB will announce its latest monetary policy decision, with a conference to follow 45 minutes later. Unanimous expectations look for the ECB to leave its three key rates unchanged, with little in the way of fireworks expected given…

US Vs China – Is It ‘Art Of The Deal’ Or Economic Warfare?

Authored by Christopher Wood via Grizzle.com, While monetary tightening remains the main risk for global stock markets, the threat of a trade war continues to dominate the headlines… THE DONALD’S DEALMAKING The question raised by Donald Trump’s trade agenda with China remains, in essence, extremely…

German Air Force Only Has Four Combat-Ready Jets In Case Of Emergency

Germany better hope that Europe’s various artificial war-deterring monetary, customs, economic, political and so forth “unions” hold for the foreseeable future, as the alternative could be dire. According to Spiegel, only four of the Luftwaffe’s state-of-the-art Eurofighter jets are currently in good enough shape to…

Stocks Rebound As 10Y Slides Back Under 3%; All Eyes On Draghi

Markets have slowed down modestly ahead of today’s key event, the ECB’s monetary policy decision and Draghi press conference, which will likely feature repeated versions of the same question: how worried is the ECB president? From sagging business confidence to falling industrial output, the region…