It’s been a long time coming, but weight of evidence has finally seen the US dollar break its trading range against the euro.
Weekly musings from your editor.
Weekly musings from your editor.
Wall Street staged a late rally as the Fed decided interest rates now look “about right”.
UBP’s Tim Price analyses the global credit bubble. His conclusion: not everyone gets out of this room alive.
Hello? What was Wall Street doing yesterday? As the full realisation of a Democrat sweep sunk in, markets finally went the way one would have expected.
The New Zealand labour market is finally showing signs of weakening, reducing the prospects for further increases in rates.
A Democrat majority in the House and a stalemate in the Senate have not overly affected stocks but the gold market seems to think it means an end to the world’s problems.
Weekly musings from your editor.
As it approaches midnight in Washington DC, the Democrats appear to have swept the House of Representatives, and picked up three of six Senate seats to date.