If there is any truth to the statement that central banks can move financial markets, then we can expect a lot from the second half of June. In a matter of merely three days, between June 13 and June 15, our monetary knights in the US, the Eurozone and Japan will meet and discuss monetary policy. A few days later, their British peers will follow suit.
... »Attention: Central Bank Week Is Coming
June 6 2018
Edin Mujagić
Gold Back Above $1300/Ounce After Trump Cancels Korea-Summit
May 30 2018
After the gold price closed below $1300 per troy ounce earlier last week, the gold price broke through the $1300/ounce barrier on Friday. The reason was clear: after peace between North and South Korea seemed a matter of time, peace negotiations went sour yet again. After weeks of peace talks between north and south, which should have resulted in a meeting between Kim Jong-Un and Donald Trump on June 12th in Singapore, Trump decided to cancel the Singapore summit due to “open hostility”
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Olav Dirkmaat
China Could Push Up Interest Rates in the US, But Will It?
May 24 2018
How big is the chance that China will use its own currency – the yuan – as a countermeasure in the trade war with the US? In my view, the chance that China will do so is negligible. Another possibility to hit back and harm the US is by stopping to buy and/or selling US Treasuries. This
... »Edin Mujagić
At the ECB: Abnormal Monetary Policy is the New Normal
May 16 2018
Boring. Meaningless. Not even slightly entertaining. These are some observations that I have found on Twitter with regard to the most recent ECB board meeting. I saw, however, a press conference that, if I would have to rank all ECB press conferences on a scale of importance, would certainly make it into the top 3 or even to the first place! Especially if you are a precious metals investor. Let me explain why.
... »Edin Mujagić
