rose98734 - Proof of Brain

rose98734

1 day ago

Argentina has spent $1.1 billion in just three days to prop up the peso This involved the Argentinian Central Bank dipping into it's scant dollar reserves in order to sell the dollar and buy pesos, after the peso crashed 10% following Milei's severe…

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0.004 POB

8 days ago

The chart that shows why the Federal Reserve cut interest rates So the Federal Reserve cut interest rates by 25 basis points, taking the Fed funds rate from 4.25% to 4%. In the lead up to the decision (which was well trailed) inflation…

10

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0.005 POB

16 days ago

French credit ratings in the spotlight The French government fell yesterday when the French Assembly passed a motion of no confidence in Prime Minister Bayrou, killing his budget. The previous Prime Minister Michel…

16

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8.917 POB

23 days ago

Foreign Central Banks Now Hold More Gold Than US Treasuries Here's the chart: source The chart says "first time since 1996", but the gold on the central banks balance sheets back then was lega

12

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0.008 POB

about 1 month ago

French bond yields converge with Italy's across the board - is a new eurozone crisis brewing? French political turmoil has reared it's head again; it looks like Prime Minister François Bayrou won't be able to pass a budget through the French Assembly. There will be a…

10

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0.034 POB

about 2 months ago

The resignation of Governor Kugler allows Trump to appoint Jay Powell's replacement to the Federal Reserve's board now Governor Adriana Kugler did not attend or vote in the FOMC meeting last week (where they voted 9 - 2 to hold interest rates in her absence). The official reason given was that…

9

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0.003 POB

about 2 months ago

Trade war: Canada's situation is different from the EU's When the EU followed Japan and signed up to 15% tariffs, many commentators predicted that Canada would "cave" to Trump too. But Canada's situation is different to that of the…

17

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0.008 POB

2 months ago

A summary of the terms of the trade deals Trump has negotiated so far President Trump has just announced a trade deal with Japan and the Philippines. What can we learn from these deals, and the deals already announced with the UK, China, Vietnam…

10

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0.007 POB

2 months ago

Will Trump fire Fed Chairman Jerome Powell? Attacks on Fed Chairman Jerome Powell are happening almost daily as the Trump administration tries to force him to step down early. At the start of July, Trump posted the…

12

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0.005 POB

3 months ago

Copper futures in New York are now 25% higher than in London Here is the chart comparing the futures price of copper on New York's COMEX exchange to the price on London's LME exchange: source Until Trump's inauguration in

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0.041 POB