How is US forcing ZTE? US has not asked ZTE to close its business or stop selling its product or conduct its business in anyway ZTE like. US is only stopping the supply of components to ZTE because ZTE is selling these US components to countries ...

The Washington Post and CNN have typically written false stories about our trade negotiations...

If he is not, he would have been assassinated by now. During these past years, it was reported that he has foiled numerous attempt to oust him by you-know-who. And you can see him systematically and cruelly eliminate many top ranked officials (his ...

North Korea: Will Never Engage In Economic Trade With United States In Exchange For Giving Up...

Higher yield don't necessarily lead to appreciation of a currency. It is demand for that currency that lead to appreciation of that currency (classic demand and supply rule). Will people put their money into something that give better return for ...

US Dollar Pacing to Fresh Yearly Highs as US Yields Jump

My personal view on NK's 180 degree sudden turn is not about their nuke test mountain site collapse. It is more about the Kim's family hold to power. (you can see that NK is always referring to Libya / Iraqi cases where their dictator met with ...

North Korea: Will Never Engage In Economic Trade With United States In Exchange For Giving Up...

Higher interest rate do moderate economic growth. And that is the intent for monetary policy to arrest inflationary upside pressure. Fed has raised rate steadily for the last 2 years, in fact, accelerating its rate raising last year. Today, US ...

US Dollar Pacing to Fresh Yearly Highs as US Yields Jump

Euro Area may on the surface seem to 'recover' from the previous crisis but the underlying debt issues have not really been solved. If not for the QE, the debt issue would have spin out of control. Now that the possibility of QE is coming to an end, ...

Merkel says it is right and good to further develop the ESM rescue fund

From just this statement, you can see China is behind it. NK is playing on Trump wanting to appear more 'successful' than Obama as a bargaining card. When Pompeo stated that US corporation will help NK to rebuild its economic, it triggered China ...

North Korea: Will Never Engage In Economic Trade With United States In Exchange For Giving Up...

There are many things that I monitor. One particular thing that I monitor is Kim's attire. The day when he don a suit and tie is the day when he want to integrate to the world. (The Chinese leadership has transited from their Mao-style attire to ...

U.S. Secretary of State Pompeo says denuclearization by North Korea will require robust...

What do you think?

Draghi: Risk-reducing and risk-sharing in our Monetary Union

These Chinese businessmen can use bitcoin to transfer their money to circumvent the financial embargo. Isn't that what Bitcoin is famed for? Bypassing state control and sanction?

Playing US Sanctions: China Walks a Fine Line in Iran

One way to objectively assess whether weather play a significant role in affecting customer spending and sales is to look at digital online purchases/spending. If you shop online, you are not affected by weather element. I doubt these people will ...

BoE’s Broadbent: Weak Economic Data Could Be Temporary, Influenced By The Weather

They should ask as the first question: "Do you know what is NAFTA?"

How Do Americans Feel about NAFTA?

If it is about the number of hikes, the current discussion center on whether we will have the 4th rate hike in 2018. Currently the market has already priced in about 30% for a 4th rate hike (10% more than 2 weeks ago). US 10-yr yield has also touch ...

US Consumer Price Index - April 2018

You have to appreciate that the rationale to raise interest rate (for BoE and EU case) is not just solely on the consideration of economic strength. One of the important consideration which one of the hawk in BoE has said in an interview some time ...

BoE’s Carney: UK Economy & Inflation Has Been Weaker

It will not be a loss if you pick up a valuable lesson out of it. For my case, I treat it as an expensive school fee. Some food for thought: For me, as long as I am still in the game, there is no loss and profit. They have no meaning. They only have ...

BOE Inflation Report, May 2018

Hmm ... don't really like the word temporary weakness being used every time you hit a soft number. On the other hand, you seldom see people in BoE or EU say the strong growth in the GDP is TEMPORARY. A weak number is a weak number. A strong number ...

Bank of England stays on hold, but have markets overreacted?

Don't think he is joking. My personal experience in the past is 95K loss at the click of a SINGLE mouse click.

BOE Inflation Report, May 2018

I tend to see forex trading in another light. I see forex trading as a business transaction no different from how other businesses are conducted. You go out to the market, let say, you want to buy a iphone. Apple say, this is the iphone, this is the ...

BOE Inflation Report, May 2018

It only shows that this guy is honest. Who actually knows what he is doing?

RBNZ's Orr: Door is open to both rate cut and rate rise

That is why bitcoin has to trade above $6,000. If the cost of production is more than the cost of sale, there will be no production and the product will suffer a natural death. But the cost of production is ever increasing because of the increase in ...

The Case For A FedCoin Is Growing, and To Challenge Bitcoin (BTC)