Dollar Collapse Talks ‘Nonsense,’ Says Analyst: ‘Designed To Panic People Into Buying What Doomsters Are Trying To Sell’
De-dollarization talks have gained ground recently, with the Chinese yuan and a proposed new BRICS currency among those…
OPEC+ Decision On Oil Production Cuts Just Roiled These Already Volatile Assets: What’s Going On?
As The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, announced a reduction in…
Bank Of England Hikes Interest Rates To 4.25%: Pound Edges Higher, UK Stocks Hold Steady Ahead of Wall Street Open
The Bank of England raised interest rates by 25 basis points to 4.25% Thursday, as widely anticipated by the market, in a 7-2 vote.
Further tightening of monetary policy will be required "if there were signs of more persistent price pressures," the central bank said in a statement.
Is Balaji Srinivasan’s $1M Bitcoin Prediction Realistic Or Outlandish? Analyst Weighs In
Balaji Srinivasan, Coinbase's (NASDAQ: COIN) former CTO, made a bold prediction on Saturday. He believes Bitcoin's (CRYPTO: BTC) price could skyrocket to $1 million by June 17 due to the
Everybody Wants The 4-Day Work Week, But Could Wall Street Ever Make It Happen?
The notion of a four-day work week is gaining traction, as a pilot program in the U.K. proved…
Why Paul Krugman Thinks Common Brazil-Argentina Currency Is A ‘Terrible Idea’
Nobel laureate and noted economist Paul Krugman has poured cold water on the concept of a shared currency between Brazil and Argentina, c
US Stocks Look To Close Volatile Week On A High — Fed’s Preferred Inflation Gauge, New Home Sales Data, Tesla, AMC In Spotlight
Stocks could be in for a higher opening on Friday, as indicated by the trading in the index futures. Key economic data will have a bearing on the day’s market direction, although conviction in the potential move could be less due to the thin trading volume that is characteristic of pre-holiday trade.
As Putin Visits Belarus, Rouble Plunges To Weakest Level In 7 Months Against Dollar
The Russian rouble plunged to its weakest level in over seven months against the dollar on Monday and was on the path to its biggest single-day drop since July.
Bill Ackman Reveals Short Position Against Hong Kong Dollar: ‘Only Matter Of Time Before Peg Breaks’
Billionaire investor and founder of Pershing Square Holdings, Ltd. (OTC: PSHZF) Bill Ackman has revealed he has a large notional short position against the Hong Kong dollar saying the
This Country Will Now Use Gold To Buy Oil Rather Than Dollars
Ghana's government is negotiating a new policy regime where it will use its gold rather than its U.S. dollar reserves to buy oil products, Vice-President Mahamudu Bawumia said in a Facebook post on Thursday.