28 August, 2017 by The TZ Newswire Staff Comments Off on Forexlive Americas FX news wrap: EUR continues its run higher. Gold soars. Harvey dropping record rain on Texas.
Forexlive Americas FX news wrap: EUR continues its run higher. Gold soars. Harvey dropping record rain on Texas.
Forex news for New York trading on August 25, 2017
In other markets, the snapshot at the end of day is showing:
– Gold is up about $19 to $1310.35. The price cracked the $1300 level on dollar selling.
The markets in the US session had a couple of diversions. One was the London summer bank holiday. That
28 August, 2017 by The TZ Newswire Staff Comments Off on Project Syndicate: 3 risks for Americans from President Trump’s latest trade fight with China
Project Syndicate: 3 risks for Americans from President Trump’s latest trade fight with China
There may well be merit to the allegations, but punitive action would have serious consequences for U.S. businesses and consumers, warns Stephen S.
28 August, 2017 by The TZ Newswire Staff Comments Off on North Korea Fires Missile Which Flies Over Japan
North Korea Fires Missile Which Flies Over Japan
Three days after North Korea launched three short-range ballsitic missiles, a move which as we discussed last night was met virtually without any response by the US administration and which we said would embolden North Korea to proceed with further provocations, Kim Jong Un has done just that and moments ago Yonhap reported that North Korea has fired another missile. Form Yonhap:
28 August, 2017 by The TZ Newswire Staff Comments Off on What Is The Liquidity Trap?
What Is The Liquidity Trap?
Authored by Frank Shostak via The Mises Institute,
Some economists such as a Nobel Laureate Paul Krugman are of the view that if the US were to fall into a liquidity trap the US central bank should aggressively pump money and aggressively lower interest rates in order to lift the rate of inflation. This Krugman holds will pull the economy from the liquidity trap and will set the platform for an economic prosperity. In his New York Times article of January 11, 2012, he wrote,
28 August, 2017 by The TZ Newswire Staff Comments Off on Japan govt warns North Korea missile headed toward northern Japan
Japan govt warns North Korea missile headed toward northern Japan
NHK and Reuters headlines
– Japanese government warns North Korea missile headed towards Northern Japan
– Government warns people in Northern Japan to tak precautions against possible North Korean missile
The Japanese government issuing an emergency warning. While North Korea is often firing off missiles
28 August, 2017 by The TZ Newswire Staff Comments Off on The Value of Low Interest Rates and Tom Brady
The Value of Low Interest Rates and Tom Brady
By Patrick O’Hare – The bull market for stocks is more than eight years old now, which makes it the second-longest bull market since the end of World War II. There has been a lot of change in the last 8+ years, yet the one constant throughout…
28 August, 2017 by The TZ Newswire Staff Comments Off on Ideology as Addiction
Ideology as Addiction
By Charles Hugh Smith – Solutions abound, but they aren’t one size fits all ideologies. It isn’t just coincidental that ideology shares so many dynamics with addiction. Though ideology is a faith-belief dynamic rather than a chemical process, both require…