People forget that the size of the global market economy has exploded during the past 25 years with China, especially, rejoining the world market and is now roughly the same size as USA but with 25% of US living standards. So plenty of reasons for ...

$12 trillion of QE and the lowest rates in 5,000 years ... for this?

Of course the difference here is that UK would have to leave if referendum votes Yes to leaving the EU. I wonder if some people are shaking the Government up a bit by saying 'Yes to leaving' in the polls but will actually vote 'No to leaving' by a ...

Betting odds, poll indicate rising chance of Brexit

For a single currency to work among many independent nations there is a prerequisite for unanimous commitment to economic union. The Euro has already been under pressure for 8 years and not much is stacking up on the positive side. That is, its ...

Draghi: On the importance of policy alignment to fulfil our economic potential

And the Euro of course.

George Soros warns Britain leaving could be end of EU

Ahe important as input to unit labor costs. Ahe shows no uptrend; neither do unti labor costs = no inflationary pressure from the labor market yet. Downtrend in ADP is clear if check chart over the period since GFC.

ADP: Employment Increased by 173,000 Jobs in May

US unemployment rate could rise as participation on rising trend. Threat of Brexit to EUR is very significant.

EUR/USD: Trading the US Non-Farm Payrolls

Another positive number for the market to ignore. Who is the whale trader with a massive short?

Australian PSI: Services sector moves back to expansion in May

If UK votes to leave the Union then this will mean many doubts about the survival of the EU and also even more doubts about the survival of the Euro single currency. Taking the Euro closer to another major crisis is the primary issue about Brexit ...

UK voters leaning towards Brexit, Guardian poll reveals

ADP shows decling trend in jobs growth

ADP: Employment Increased by 173,000 Jobs in May

Goldilocks numbers. Surprisingly strong growth, surprisingly low inflation. Election the big hurdle.

Australia’s Economy Accelerated Last Quarter; Currency Surges

Australia running at 3% to 4%pa growth; Switzerland static to 1%pa. So AUD/CHF goes down. Best of luck reconciling the two.

Switzerland's Gross domestic product in the 1st quarter 2016

Someone's short and wrong with deep pockets. Nick Leeson scenario.

International Trade in Goods and Services, Australia, Apr 2016

The US Great Financial Crisis was not the first for that country and not the first for the world. Each episode is different (with similarities) and we learn something new. Since debt requires two willing parties to be created then when does it ...

Chart shows China’s debt bubble bigger than subprime bubble

Subtle point

Most economists say Brexit will harm economy: poll

Growth momentum building up again in NZ and Australia

NZ terms of trade rise 4.4% in March quarter

Election July 2. Political risk money has moved into NZD, now vulnerable either way. Consider AUDCHF for longer term payoff and for exciting ride.

AUD/USD Contrarian Play

Hard US evidence is not convincing about either timing or quantum. As for direction, I remain agnostic. Fed still investigating negative rates (Europe, Japan, Switzerland, Denmark) and global economy anaemic..

That Rate Rise Is Coming: Fed's Bullard Says Everyone Seems Prepared

Most traders fail. Economists have something to fall back on. UK has had 43 years to come to an intelligent conclusion. And the hard evidence is............

Most economists say Brexit will harm economy: poll

This is partial and static equilibrium analysis. We need general and dynamic equilibrium analysis with the rest of the world in your model when looking at one country. Greece has already been down this track. But what Greece needs is to get out of ...

A paradigm shift is under way on deficits

Historically, the share market does very well after a tightening phase begins - provided the FED has credibility, is alert to inflation threats and communicates well. I score FED very highly on these three items.

Yellen: Rate hike probably appropriate in the coming months