China Presses on with Renminbi Internationalization
Over the past several decades, we have seen how China’s high economic growth and increasing economic integration with other countries have led to a dramatic increase in its clout in global output and trade. Over the past several decades, we...
Getting Technical with the Dollar
If the worst of the market panic is behind us, it is worthwhile exercise to see what the charts are saying about the dollar. One advantage of technical analysis is that the fundamental causes and considerations behind the large moves...
What does the UK yuan-denominated bond mean for the dollar?
On October 9, the UK announced it was beginning the launch of a yuan-denominated bond, becoming the first sovereign, besides China, to do so. It is spurring talk that this is the death of the US dollar. On October...
Market Stabilization has Yet to be Achieved
The US equity market was unable to sustain early gains yesterday and, although several Asian markets posted minor gains, Europe is seeing red again today. US equities are called lower as well. The European bond market rally continues, except for...
Heavy Trading in the Dollar Starts Off the Week in Currencies
The US dollar is trading heavier against most of the major and emerging market currencies. The euro and sterling remain within the ranges seen before the weekend while dollar slipped to JPY107 in a Tokyo-less Asian session. The US dollar...
The Dollar Correction May or May Not Be Over and Other Currency Moves
Last week was of two halves. The dollar correctly lower through midweek and then recovered. While the dollar's losses were pared, it still managed to fall against nearly all the major currencies. However, it finished the week on a firm...
Alibaba set to price IPO shares amid surging investor demand
Alibaba Group Holding the chinese e-commerce giant will sell $22 billion of shares on Thursday, finalizing a two week road show that pulled interest from world-wide investors and will likely be the world's largest initial public offering. Alibaba shares will be...
Sterling gets pounded after YouGov poll shows slim majority favor Scottish Independence
Sterling has been pounded by the YouGov poll that showed that those favoring Scottish independence have gained a slim majority for the first time. It does not matter than other polls have yet to confirm it. A "yes" vote was...
Why Businesses Must Focus On Long-Term Growth
Excessive short-termism is always a problem for policy, but the Global Crisis has brought it sharply into focus. This column introduces a report that discusses how a shift to longer-term solutions is necessary and possible. A key message is that...
The Cause Of Unethical Corporate Culture: Bad CEOs?
Curbing corporate misbehaviour is a key policy goal but fixing the problem requires an understanding of what causes it. This column develops an innovative empirical approach that identifies unethical CEOs as an important cause of unethical corporation behaviour. Curbing corporate...
Investing In Lithium: Time To Capitalise On The Future Of Energy Storage?
In the commodity world, lithium has been a rising star as its use and prevalence has skyrocketed in recent years. Even renowned investment sage Warren Buffett chose to invest in a little-known Chinese battery producer in 2008, eventually earning back...
What is Forex? – An Introduction to Forex Trading
Foreign exchange (Forex) is a type of financial trading in which the currency of a country is exchanged for that of another. With a daily turnover of over $4.9 trillion, the Forex market is the largest financial trading market in...
Who Are The Ones Manipulating The Gold Price? – Part 2
When the price of gold crashed in April, some analysts were quick to point out that the gold market may well be manipulated by large banks. However, the fact that authorities are turning a blind eye to the alleged manipulation...
Who Are The Ones Manipulating The Gold Price?
Gold has been touted a safe store of wealth, particularly when there are serious risks to global financial markets. However, gold suffers from wild price gyrations when the markets become too disruptive, and data suggests that gold prices are...
5 Major Geopolitical Risks Facing Commodity Markets In 2013
On January 14, Deutsche Bank published their 2013 market outlook in which they identified several geopolitical hotspots to worry investors and businesses. They include a wide range of developed and less developed economies, many of which are key producers of...