The goodwill being shown in the negotiations with the UK is so great that Brexit voters must be wondering if they made a wrong decision. The degree of warmth and positive vibes are hard to believe. Pass me a tissue.

EU's Tusk: Not preparing for ‘no deal’ Brexit scenario

There is no basis for a new appointee to follow a different course than the one we are on. The financial system remains in a post recovery state, not an extremely healthy one. Same with the US and global economy. Inflation concerns are weak in spite ...

The contest for next Fed chair is coming down to two pretty different choices

That is, the strongest Yuan. This pair measures the value of the USD vs CNY.

China sets #USDCNY reference rate at 6.6493, weakest Yuan fixing since August 25

The same distance covers 5 out of 7 continents. Not many 'safe' flies from this swatter. But of course NRA would support Kim and nuclear proliferation. Its the only safe course of action. To Australia: make every spouse a wanted spouse.

North Korea preparing long-range missile test: RIA cites Russian lawmaker

Presumably the Republican "answer" will be much higher short term interest rates because the tax reform package, infrastructure initiatives and insightful new net fiscal stimulus measures will be so powerful to the demand side of the economy. And ...

Trump pick for Fed vice-chair confirmed

Do gapping markets protect stop losses with your platform?

The truth about the stop loss – why only losing traders don’t use stops

These are very small numbers hardly painting a picture of economic robustness. The terms of trade improved markedly offsetting the currency effect of the broad CHF index. The fundamental picture remains very much clouded by the safe haven effect ...

Setting the Swiss Franc Free Wasn’t That Bad After All

Yellen has bèen correct. That means she has not been dovish at all nor hawkish but has struck the right balance. I'm fed up with such reports and comments which suggest that there are political dimensions at the FED. Over 5 decades of fed watching ...

Fed’s Changing, and It's Not Just the Balance Sheet

Talk, talk, talk but no communication. The people of NK are the target audience. These quirky countries have large populations who just want to enjoy a happy, long life for themselves and families. At that level it is no different from all of ...

U.S. Sees ‘Four or Five’ Ways to Resolve North Korean Crisis

So what drives productivity? Competition, free and fair trade, political stability and intelligent leadership. Most countries are failing these 4 including the West. The wonder is that productivity is still positive. Resort to sanctions and huff and ...

Productivity is key to economic growth: Why is it slowing down in advanced economies?

Money laundering is illegal.

Geneva Police Confiscate Euro Bills Clogging Up Toilets

You have some learning to do. A mortgage is leverage. The real problem is laziness in entering into contracts.

Canada flagged as hidden $14 trillion credit bubble stokes global crisis fears

WTO has 164 member countries and this report has focussed on a few experiences of one country. Its healthy to look to improve all of the processes available to WTO in managing its progress towards achieving objectives. But is very clear from history ...

U.S. trade envoy says WTO dispute settlement is 'deficient'

Every loan has a lender and a borrower - no matter what you call it. Each lender and borrower takes on the responsibilities inherent in the loan contract. Provided neither side is underwrittten by a third party (usually the government itself after ...

Canada flagged as hidden $14 trillion credit bubble stokes global crisis fears

Labour market data and commodity themes do not support pull back. AUDCAD also supportive of further upside.

AUDUSD Bulls Fight to Keep Rally Alive

Every country

Nations should maintain free trade amid fragile world economy, China says

"Enter through the narrow gate. For wide is the gate and broad is the road that leads to destruction, and many enter through it." The narrow path described in the article does not promise a lot though. And is a good reminder of the EU's problems not ...

The Euro’s Narrow Path

Federal Government has negative net worth but all other sectors are in positive net worth situations with net worth of USA around 7 times GDP, or roughly $140 trillion - net, net.

The US government just passed $20 trillion in debt for the first time ever

New Zealand is well used to MMP type outcomes and, frankly, there is no political drama beyond the desks of ever hopeful journalists. There are no real policy issues to guide voters so the personality gap was narrowed when a drab Labour man resigned ...

Minor New Zealand parties in focus as hotly contested election gets tighter

Still a tepid pace of recovery. Fewer sanctions and promoting more free trade are required.

Worldwide PMI surveys indicate fastest economic growth for over two years