Digital Revolution: Will Cryptocurrencies Take Over the World? Part IV
Part IV: Conclusions Summary Monetary systems have evolved over centuries, and there is nothing inherently “permanent” about the current system, which is composed of “public” money (i.e., paper bills that are the liabilities of central banks) and “private” money (i.e.,...
Dollar Recovers ahead of Fed Minutes and Retail Sales
Traders are betting the Fed will take a sledgehammer to crush inflation, but that wasn’t enough to really boost the dollar until fears of armed conflict in Ukraine sent investors into the reserve currency’s safety. The latest retail sales data...
Euro Rebounds, Sentiment Improved as Russia-Ukraine Tensions Ease
Overall market sentiment improved a lot after Russia said it pulled back some troops near the border of Ukraine. As worries of imminent war eased, Gold and oil price dip notably, while stocks rebound. Euro is staging a recovery, together...
Equities Stage Relief Bounce on Russia
… but inflation and central bank tightening remain the key risk. The big news this morning came from Russia, which sent stocks and US futures sharply higher, while Brent crude oil dipped back to $94 after rising to above $96...
Gold Jumps on Ukraine Risks, Swiss Franc Firm and Euro Weak
The forex markets are pretty steady in Asia session today, with major pairs and crosses bounded inside yesterday’s range. Sentiment is mixed as investors are awaiting to see Russia would invade Ukraine on February 16, as media reported. But the...
A new inflation reading shows the small business tipping point has been reached
More small business owners say they need to raise prices and don’t expect inflation to decline, a signal that higher prices have overtaken Main Street.