One of the biggest headlines yesterday came from the Federal Reserve of the United States. Fed’s Powell, its Chairman, said that the Fed is looking into the benefits of a digital currency.  At this point, read more…

The world hit by the coronavirus pandemic watches the largest economy in the world to see how and when it is recovering. The sooner, the better for other economies due to the spillover effects.  In read more…

Today starts the OPEC-JMMC Meeting, and it is as good an opportunity as any other to remember the price of oil dropping below zero. It remains the theme of the year, a historical moment that read more…

The week ahead is full of central bankers speaking at various events. Part of the forward guidance principle, central bankers’ communication is important to make sure financial market participants understand their message. ECB’s Lagarde already read more…

Financial markets wait for the most important event of the trading year to unfold – the U.S. elections. If the pandemic were not enough to bring uncertainty in financial markets, the American elections contribute to read more…

COVID-19 hit the world’s economy from all possible angles. It did so by creating huge unemployment, forcing solid small businesses to close, disrupting the way people work, and threatening the very functionality of our societies. read more…

The Australian job data for September 2020 was just released several hours ago. It showed a mixed picture, with unemployment rising less than expected, and the number of employed people falling, but less than expected read more…

Bitcoin ended the previous week on high heels – both in terms of regaining the $11,000 level and in terms of positive news. Square, the online payments processor, announced a $50 million stake in Bitcoin.  read more…

The earnings season for the third quarter started with the financial sector reporting first. J.P. Morgan, one of the largest investment banks in the world, reported smashing results, taking the market participants by surprise.  COVID-19’s read more…

Yesterday’s Consumer Price Index (CPI) in the United States kickstarted a move higher in the USD. The EURUSD pair fell from 1.18 to 1.1730, while the GBPUSD suffered an even major decline. The move higher read more…