Global Money Trends

Staying on Top of Volatile Global Markets

ECB chief Draghi Rocks Global Markets – Signals Tapering of QE

     On January 31st, 2017; the Trump administration fired the first shot in a “Currency War’ with the Euro-zone, when Trump’s top trade adviser Peter Navarro accused the German finance ministry of using a “grossly undervalued” Euro to “exploit the US and its EU partners”, in written comments in the Financial Times. Navarro, the head of Mr Trump’s new National Trade…

Jun 27, 2017

No Recovery in Sight for Crude Oil prices, from Great Crash of 2014-15

    Three years ago, on June 12th, 2014; after four days of fighting, Iraq’s security forces abandoned their posts in Mosul as ISIS militiamen took over army bases, banks and government offices. The jihadists seized huge stores of American-supplied arms, ammunition and vehicles, apparently including six Black Hawk helicopters and 500 billion dinars ($430-million) in freshly printed cash. Some 500,000 people…

Jun 05, 2017