The services sector in China continued to expand in February, albeit at a slightly slower pace, the latest survey from Caixin showed on Monday with a services PMI score of 54.2. more...
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US Dollar Forecast: Dollar Strength Tempered by Tariff Talk: Powell Hints of Four-Hike Potential The US Dollar wiped-out early week gains after talk of tariffs on Chinese steel and aluminum gripped markets’ attention. This obscured the earlier testimony from new Fed Chair Jerome Powell, when he talked down the ‘Fed Put’ while hinting towards the possibility of four hikes out of the US this year. British Pound Forecast: The Song Remains The Same – Brexit ...
It's called snow and it's cold and awful. We're lucky to be inside where it's safe and warm
Investors have a short memory when it comes to stock market crashes. For a simple reason: crashes do not last long, as central bankers come to the rescue with lower interest rates that make alternative investments less appealing. The trouble is that central bankers don’t lower interest rates, forever. In fact, they raise them as soon as there are signs that the economy is overheating and inflation heads above official targets. In either ...
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