FED needs to act before inflation is a problem. And the Admin has artificially boosted demand via debt finance with higher deficits at a time of very low unemployment. Such imbalances are the logical and predicted outcomes of the policies ...

Trump says he doesn't like what the Fed is doing

Its mutual. USA making world and eventually US slow down while pushing up inflationary pressure short term. FED has no alternative but raise rates and make USD even more attractive.

Fed’s Evans: Unusual For The President To Comment On MonPol - ‘Fair Question’ To Ask Why Rates...

European Union has made moderate progress in lowering unemployment and now we face slowing global growth with EU unemployment rate more than double that of USA. EUR set to enter a downward trend and increasing tensions between members. Better to get ...

ECB’s Mersch: Monetary Policy To Evolve In A Data-Dependent Way

USA started this sequence this year so no crocodile tears please.

Another ominous Yuan fix?

Labor market indicators are more informative for an economy which is open to trade. As full employment nears demand at the margin would be met by importing - the main reason up until now that inflationary pressures have been moderate. But policies ...

Williams Says Fed Rate Hikes Helping Curb Financial Risk-Taking

USD will benefit from big imbalances this year but will suffer greatly as 2019 progresses as USD strength and higher interest rates rip through the canvas like a hot air balloon.

Trade war escalation will cut China’s GDP by 1.6 per cent and US’ by 0.9, estimates IMF

A major movement away from free markets in the USA has created serious imbalances. Imbalances include - financial markets including money markets (eg Lehman like stresses), housing market, fiscal imprudence, away from free trade towards the old ...

"I've Never Seen A Slump Like This That Didn't Spread To The Whole Country"

Not with global growth slowing down now would it be sensible to get positive about commodities and their currencies.

3 charts that show the turnaround in Australia's mining sector

Lower growth in China will hit most economies but most of all USA. See previous posts.

Beijing is finally accepting lower growth as the trade war hits, says Barclays economist

A booming economy is not good news if growth exceeds the capacity to produce (inflation). A booming economy is not good news if it is financed by public debt and ever higher deficits. Forget emerging market debt. US debt and US inflationary ...

Soaring US dollar threatens trouble for emerging markets

Interesting that USA has very low unemployment and very high living standards when it has been mismanaged for so long? Don't tell me Trump has achieved those in 20 months and completely turned the tables on the rest of the world in that time! You ...

Trump says steel and aluminum tariffs will remain

A second is a long time in politics.

Boris Johnson calls on Tories to back Theresa May

Yes. In spite of all my hopes for an agreement over many quarters this past week's image emerging is a Union Jack kite flying but with no-one hanging on to the string. Its coming down to the Brussells bureaucracy versus a disunited kingdom. UK has a ...

EU's Juncker On Brexit: 'We Want A Deal'

People who believe that the USA economy can achieve sustainable growth while the rest of the world goes into recession are wrong. A lot of course is at stake, not least the US share market, US unemployment and severe Republican embarassment. ...

Index of Commodity Prices Sept 2018

Trump is about deals when the issue is free trade. Deals are about power and brinkmanship. Free trade has the potential to raise global welfare and living standards. 10 years on from the GFC we don't need a power broker leading USA but a wise ...

Trump says steel and aluminum tariffs will remain

I think that this is a free trade agreement but I'm unsure.

United States-Mexico-Canada Agreement

Don't believe this bullsh that you can track risk day to day.

USD/JPY at nine-month high as risk returns

USD can make plenty of gains on being closest to generating fresh inflationary concerns. 2018 is a year for the USD. Its simply a late Obama cyclical upswing with an inflationary Trump cherry on top. No more no less.

Can the US dollar continue to make gains on reduced risk appetite?

Please also read up on the shadow banking system which facilitated banks leveraging into mis-priced debt (illegally) like pigs in a trough. If banks have a right to cheat depositors with impunity using illegal tactics then I don't need to look at ...

Two Myths of the 2008 Meltdown

EUR will struggle at this altitude but USD has easy access to more oxygen. USD has 20% upside for this stage of the economic cycle and DM/CHF nexus well above normal on the same basis. Relatively strong USD versus EUR is the sensible bet.

EUR/USD Breaks Out of Consolidation to Test Key Neckline