Heightened uncertainty has been caused by new Covid cases in community and return to nationwide lockdown to highest level of security. RBNZ would have been way out of line to raise the official cash rate hours after the lockdown was announced. But ...

Monetary Policy Statement August 2021

Afghanistan is inhabited by many and diverse peoples: the Pashtuns, Tajiks, Hazaras, Uzbeks, Turkmen, Aimak, Pashayi, Baloch, Pamiris, Nuristanis, and others. The Taliban's ideology has been described as combining an "innovative" form of sharia ...

Taliban declares 'war is over' as president and diplomats flee Kabul

If we do not fight evil in our own country then we do not deserve a country.

Taliban declares 'war is over' as president and diplomats flee Kabul

Are you in the wrong story?

Taliban declares 'war is over' as president and diplomats flee Kabul

Clearly the majority of Afghan people want to have a Taliban regime. This is extremely puzzling. In the end there is no winner here is there? God does not support violence against innocent people and does not support unbridled bigotry, prejudice, ...

Taliban declares 'war is over' as president and diplomats flee Kabul

Forex markets wait for Pandemic progress. Otherwise just boring, boring, boring.

US Dollar steadies after weak China data; Fed minutes eyed

This article circles around like a hungry shark but never focuses us on the central issue. Huge economies are again vying for supremacy of political clout while smaller economies are like page boys at a royal wedding. The rules governing ...

Are we nearing another monetary reset?

Pandemic evidence supports view that world economy will struggle for remainder of year. Therefore bets against this view are likely to fail in the short term.

Australian Dollar's Chinese Slowdown Adds to Domestic Covid Headwinds

If Germany is struggling that means the world is really struggling putting pressure on central banks not to withdraw stimulus early and be forced to reintroduce it later this year. Bearish USD.

EUR/USD testing YTD lows after woeful German data, bears gunning for 1.16 next?

This is worthwhile analysis and suits my current prejudices. Unemployment lies just below 5.5% which contradicts a surging CPI inflation rate view - recall we never saw anything like surging inflation when the unemployment rate was 3% in USA and ...

Inflation Tipping Point

Less hope and more glory. I mean that 'fibre' used to be a UK characteristic to be relied upon. Crises have come and not yet gone but greater commercial freedom and business focus will come through. We read of Germany's boom based on economic ...

London Defined Boris Johnson. Then Brexit Changed the Metrics

Good. China needs PBOC to show prudence and vigilance. PBOC independence is a treasure for CCP.

The PBOC Emphasizes The Need For Flexible And Targeted Monetary Policy

What is unbiased is the low degree of volatility here and elsewhere in pairs. This remains a high risk period for global economy and high demand continuing for safe havens. EUR is not a safe haven. USD is a 'safe-ish' haven but not what it was. Toss ...

EURUSD puts some breaks on sell-off; bias still bearish

No mention of trade sanctions and tariff bombs in this article hurts the credibility of this simplistic article.

How has the COVID-19 pandemic affected global trade?

Negative for USD. A house divided cannot stand. US politics reversing through history. Civil War was 1860s so not a long ways to go. John, Bobby, Martin were 1960s. MAGA is an odd acronym to preserve.

Infrastructure Hits Senate Speed Bump as Debate Slows to Crawl

It must be noted that market volatility has been extremely low for several years now relative to other periods (avoid normal). Piece by piece we will all monitor future days and on that day when the evidence can no longer be suspected then we want ...

AUD/USD Threatens Key Technical Level as Chinese Inflation Data Nears

Is the evidence of Pandemic end point so strong today as to encourage New Zealand to lead the whole world out of the wilderness? No.

ASB economists say the RBNZ 'should consider' starting lifting interest rates 50 basis-point...

The world is in denial both regionally and 'co-operatively' about many other issues and equating 'climate change' with 'motherhood and apple pie' hold us back from addressing them. Sound policies depend on a host of factors including natural ...

'Lagging at the back of the pack': Australia's energy transition among worst in OECD, research...

Take heart from AUD/NZD which is trying to head for parity but with many failed attempts over the years. AUD of course needs a healthy global outlook.

Australia's RBA downgrades resource export outlook

The evidence continues to point ahead to weakness in USD on political grounds and infection of the economy which has very poor vital signs. Its strongest support is safe haven support which relies on more evidence of risk off. Record highs on shares ...

US Dollar set for second week of gains as focus turns to Fed