Potus ignoramus

Mnuchin said to ask about Fed option that could avoid rate hikes

Only two years left of Trump is big positive on horizon. Get government out of market interference globally and out of interference with policymakers he appointed himself.

El-Erian: Fed will have to go through with another rate hike next month or risk appearing...

Trouble is its not just Europe but global.

ECB's Lane says don't be 'overly dramatic' about slowdown

Trump started the trade violence and the logical consequences are diverse. WTO does need reform within the context of an overhaul of all international institutions. In 1950 there were 2.5 billion people on earth, today 7.5 billion. USA has unfair ...

G20: The WTO's future is at stake

USA economic policies have stopped global growth momentum which might have needed the FED to tighten. You have to laugh at the Pres blaming the FED for slowing every country down.

Here's what to expect from Fed Chief Powell's most important speech yet

I doubt that monetary aggregates are relevant any more. Do they include crypto?

Monetary developments in the euro area: October 2018

I think you are correct. The long period of deal shaping has allowed time for factions merely to define their positions and harden them (and try to defend their several positions). What should be a debate about how to leave remains a debate about ...

UK Fin Min Hammond: If Renege On Brexit Vote We Would Leave Britain Fractured – Sky

US policies are anti-business, anti-market and anti-growth. In the context of US support for Saudi Arabia state terrorism anyone describing such policies as spectacularly successful has little knowledge of history.

Why a US-China Tariff Ceasefire Is Coming Soon

The Chinese financial system is in the process of development from a very primitive system towards what westerners would recognise as sophisticated (such as the USA system which nearly brought the whole world financial system to its knees - in a ...

China's central bank skips open market operations for 22 days

UK people: 1. Yes. Let's leave the EU. 2. Yes. We need a new leader to see it through. 3. Yes. We support the right of everyone in our democracy to make their own decision. 4. Yes. Scotland wants to remain in UK. 5. Yes. We support democracy and ...

EU27 has endorsed the Withdrawal Agreement and Political Declaration on the future EU-UK...

Clearly this issue is becoming more toxic for forex traders and a basic rule is to know what you are going to do whatever the immediate outcome, including doing nothing. For longer term bulls a negative outcome (sharp fall in GBP) should be seen as ...

Would market shock force parliament's hand on Brexit?

Yes puchases would have been brought forward (earlier) to avoid the higher duties imposed from a later date.

World trade falls, with tariffs making their mark

Treasury is responsible for USD intervention policy. A possible rally in USD will put Mnuchin in the same position as Powell.

I am extremely happy and proud of the job being done by US Treasury Secretary Steven Mnuchin

I'm long with respect for downside. Using GBPCHF preferred pair now at 1.28. Could spike down to 1.15 (post Brexit low is really 1.20 so some leeway for knee jerk. But upside is disproportionately large since the popular view is so bearish. 1.45 is ...

May's Brexit Deal: If She Doesn’t Have the Votes, What Comes Next?

DUP has 10 votes out of 650. May has 275 excluding 42 rebels. Each and every MPs vote will be up for public scrutiny. DUP is flying a dangerous kite.

DUP’s Foster: We Are Wasting Time, ‘Very Very Clear’ Withdrawal Agreement Will Not Be Passed...

Europe will slow down too as exports brake causing slower growth and smaller current account surplus. Data have already turned. EUR also sensitive to flaky politics and economics. USA mid terms now out of the way. In short term USD higher we agree ...

JPMorgan Sees Euro 2019 Rebound Versus Dollar on U.S. Slowdown

Don's to blame

It looks like the US economy is slowing

Getting back to the article it would have been helpful to have set out his/her expected votes in the Commons which add up to a failure. I've done this in another post and May just needs 50 votes to join the non-rebel Tory numbers to get it through. ...

May's Brexit Deal: If She Doesn’t Have the Votes, What Comes Next?

Agreed

After my conversation with Theresa May, our positions remain far away. If there are no...

Trading Brexit. Using current level of GBP/CHF (my preferred pair) of 1.28 then you can use your own probabilities of outcomes to generate an expected return, say 6 months (this is an investor's approach - no short stopping). Scenario A has the pair ...

After my conversation with Theresa May, our positions remain far away. If there are no...