Unless you’ve had the misfortune of living in Zimbabwe or Argentina during a currency crisis, your bread and milk costs are usually pretty stable. But I believe we’re standing on a precipice for this current system of money.
Investors have retreated from European stocks after seeing political upheaval in Italy. The euro is once again facing an existential threat. What does this mean for world markets?
Each year millions of traders are fixed to their screens. They’re looking for trends and momentum in the forex market. According to the Bank for International Settlements, the average daily value of forex is around US$5.3 trillion!
Let’s talk gold. Gold, like every other asset, moves around a lot. Sometimes weird things happen that you don’t have a decent explanation for.
The sooner you embrace the cashless society, the sooner they can implement negative interest rates and stimulate inflation.
Italy wants to bail out BMP with taxpayer money. That’s the standard playbook which governments used in 2008. But the rules have changed.
When it comes to converting currency, I try to avoid the banks at every point I can. Fortunately, in today’s world we can use peer-to-peer currency exchanges to beat the banks.
The International Monetary Fund (IMF) officially added the Chinese yuan to its basket of currencies comprising its SDR. This has enormous long-term implications for the US dollar...
Italy’s stock market has been a rollercoaster ride this year. Italian banks have lost more than 50% of their market capitalisation.
Now the Brexit vote is over, the sterling will suffer yet another blow. With the Leave vote winning, we have seen a sudden loss of confidence in the Pound.