dollar

Anniversaries, Smart Money, and Regulation: It’s all about Trust!

Jordan Eliseo

It’s been a quiet month for gold, with the yellow metal up slightly, despite a reduction in net longs, minor ETF outflows, and a rally in risk assets. Sentiment has definitely turned though, with a buy-the-dips mentality emerging amongst banks, including UBS and Credit Suisse, whilst Peter Grandich thinks “the... Show More

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The consequences for the US from the devaluation of the Chinese Yuan

Saxo Capital Markets Australia

The devaluation of the Yuan is setting in motion events that will directly affect the US economy. Saxo’s chief economist Steen Jakobsen says the consensus on the recycling of excess capital from Asia to the US bond market will change. There will also probably be “a significant reduction in China’s... Show More

Despite a surprise decision by the Reserve Bank of Canada to cut interest rates this week, the case for a corresponding RBA cut at its next policy meeting on...

David Bassanese

Despite a surprise decision by the Reserve Bank of Canada to cut interest rates this week, the case for a corresponding RBA cut at its next policy meeting on Tuesday, February 3 is not especially strong. Our view is based on several factors, the most important of which is that... Show More