11 Aug
China’s Stangflation
Finger pointing at US inflation US threatens to eclipse China’s stagflation moon Pending the CPI data, the New York Fed survey seems to confirm an out-of-control trend.But Beijing’s producer prices (+9.7%) combined with the Covid risk appear to be the real tail risk. But Beijing’s producer prices (+9.7%) combined with the Covid risk appear to...
08 Aug
Euro Choppy to End the Week
Eur/Usd plummets after US employment data Strongly weakened chart picture for Eur/Usd. After failing to return above 1.19 or so, the pair reversed course and then accelerated to the downside at the publication of U.S. employment data, which fell to 5.4% from the previous 5.9%, in the direction of the line that has been rising...
08 Aug
Bitcoin Trading Nigeria and El Salvador
Bitcoin: Africa outperforms all continents in trading Bitcoins are a rather strange cryptocurrency that, like all cryptos, is favoured in those countries where not only is having a bank account a privilege or a problem, but it is young people who make money transfers from abroad. This is why Africa is overtaking all other continents....
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