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FX Daily, January 04: Greenback Continues to Consolidate Recent Losses

FX Daily, January 04: Greenback Continues to Consolidate Recent Losses
Author: Marc Chandler
Categories: FX Trends

The US dollar is sporting a softer profile across the board, though remaining largely in the ranges seen over the past couple of sessions. At the same time, the news stream suggests that the global synchronized growth cycle strengthened late last year and is bound to carry over into the New Year.

Cool Video: Is the Third Major Dollar Rally Since Bretton Woods Over?

Video Bloomberg
Author: Marc Chandler
Categories: FX Trends

To many, the question about the fate of the third major dollar rally since the end of Bretton Woods was resolved last year. The dollar fell broadly. It marked the end the greenback's ride higher. However, I remain less convinced that this is really the case. And that is what I discuss in this three-minute clip from Bloomberg's What'd You Miss.

Swiss executives predict strong economic year in 2018

Swiss executives predict strong economic year in 2018
Author: Swissinfo
Categories: Swiss Markets and News

Eight out of ten Swiss business executives anticipate a positive economic outlook for the country in 2018, according to an annual survey carried out by the SonntagsZeitung newspaper. Is it a sign that moods are changing after a 2017 that many would describe as turbulent? Or rather another indication of the Swiss exception, the country having largely escaped much of the economic and political turmoil that marked the past decade?

Happy 2nd Birthday Bail-in Tool! We Suggest Gold As The Perfect Gift

Eurozone
Author: Jan Skoyles
Categories: GoldCore

Happy 2nd Birthday Bail-in Tool! We Suggest Gold As The Perfect Gift. Two years since bail-in rules officially entered EU regulations. EU bail-in rules have wiped out billions for savers and and businesses, with more at risk. Future of many failing banks now rests on depositors who may no longer be protected by deposit insurance.

Industrial production: The Chinese Appear To Be Rushed

All China's Dollars, Aug 2016 - Jan 2018
Author: Jeffrey P. Snider
Categories: China

While the Western world was off for Christmas and New Year’s, the Chinese appeared to have taken advantage of what was a pretty clear buildup of “dollars” in Hong Kong. Going back to early November, HKD had resumed its downward trend indicative of (strained) funding moving again in that direction (if it was more normal funding, HKD wouldn’t move let alone as much as it has). China’s currency, however, was curiously restrained during that time.

Several Simple Suppositions and Suspicions for 2018

How it works
Author: MN Gordon
Categories: Debt and the Fallacies of Paper Money

The New Year is nearly here. The slate’s been wiped clean. New hopes, new dreams, and new fantasies, are all within reach. Today is the day to make a double-fisted grab for them. Without question, 2018 will be the year in which everything happens exactly as it should. Some things you will be able to control, others will be well beyond your control.