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FX Daily, January 29: A Brief Word

FX Daily, January 29: A Brief Word
Author: Marc Chandler
Categories: FX Trends

The US dollar is modestly firmer, but nothing to suggest a outright correction rather than consolidation. However, have a dramatic drop over the past month, much more than we think is justified by macroeconomic developments and interest rates, we think the dollar may have overshot.

FX Weekly Preview: Market Confusion and New Inputs

FX Weekly Preview: Market Confusion and New Inputs
Author: Marc Chandler
Categories: FX Trends

Many investors are confused, and the official communication only fanned the confusion. Before turning to next week’s key events and data, let's first spend some time, working through some of the confusion. There was no change in policy last week. The US did not suddenly become protectionist. It did put tariffs on solar panels and washing machines.

Swiss fact: nearly half of Swiss rental properties owned by individuals

Swiss fact: nearly half of Swiss rental properties owned by individuals
Author: Le News
Categories: Property, Swiss Markets and News

If you rent a home in Switzerland it is more likely to belong to an individual than a big real estate company or pension fund. In 2017, 49% of residential rental properties in Switzerland were owned by individuals, according to Statistics published by the Swiss Federal Statistical Office. The highest rate of rental home ownership by individuals was in the Italian-speaking canton of Ticino (71%). The lowest rate was in the Lake Geneva region (41%).

Silver Bullion: Once and Future Money

Marcus Aurelius Denarius
Author: Jan Skoyles
Categories: GoldCore

Silver Bullion: Once and Future Money. “Silver is as much a monetary metal as gold” – Rickards. U.S. following footsteps of Roman Empire which collapsed due to currency debasement (must see table). Silver bullion is set to rally due to a combination of supply/demand fundamentals, geopolitical pressures creating safe haven demand, and increasing inflation expectations as confidence in central banking and fiat money erodes.

Emerging Markets: Week Ahead Preview

Emerging Markets: Week Ahead Preview
Author: Win Thin
Categories: Emerging Markets

EM FX closed Friday on a mixed note, but still posted solid gains for the week as a whole. Best performers last week were ZAR, PLN, and CZK while the worst were ARS, PHP, and IDR. The bearish dollar environment remains intact and so we see further gains for EM FX this week. However, we continue to warn that divergences within EM are likely to assert themselves.

December Durable Goods

US Durable Goods Order, Jan 1993 - 2018
Author: Jeffrey P. Snider
Categories: The United States

Durable and capital goods orders and shipments all increased in December by growth rates consistent with those registered in the months leading up to the big storms Harvey and Irma. We continue to find evidence that accelerated growth in October and November was nothing more than the anticipated after-effects cleaning up after those hurricanes.