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The Weekly Gold Digger (Aug 28 2015)
This is a sample entry from Leslie Burton’s newsletter, The Weekly Gold Digger, published on Friday, August 28, 2015. Gold has finally shown some support the last two weeks. The Gold chart is showing a...
View ArticleProspect of a Global Currency War is On the Rise
On one hand the Chinese currency debacle has tripped up sentiment, but on the other hand the markets have not shown progressive anxiety, and the shelf-life of the crisis appears fairly short.
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TWIG Note – China Devalues
This is a sample entry from John Payne’s newsletter, This Week in Grain, published on Tuesday August 11, 2015. The market was handed a bit of a wild card early this morning, it will be really...
View ArticleGlobal Macroeconomic Prospects Are Improving
With a number of longer-term moving averages signaling reversals in several currencies, fresh record highs in a number of global equity market measures and crude oil prices managing to hold $10 to $12...
View ArticleRenminbi edges down against greenback
The currency of China marked losses against the world's reserve currency on Thursday after the national statistics office released data noting June export data was underwhelming, according to...
View ArticleYuan edges down against dollar
The Chinese yuan slipped on Wednesday against the world's reserve currency after the People's Bank of China set a lower reference rate, according to Reuters. The exchange rate was 0.17 percent lower...
View ArticleCotton futures enter bear market
Prospects for strong supplies prompted cotton futures to slip in value on Thursday, one day after falling into a bear market, according to Bloomberg. The health of crops in the U.S. is strong, which...
View ArticleYuan dips after PBOC cuts exchange rate
The Chinese yuan fell toward its lowest value since late 2012 against the world's reserve currency on Thursday as a consequence of the People's Bank of China reducing the daily exchange rate while the...
View ArticleYuan marks slight weekly losses against dollar
The Chinese yuan endured slight weekly losses against the world’s reserve currency this week after the central bank of the Asian nation reduced the daily reference rate, according to Bloomberg....
View ArticleYuan leads upward drive of Asian currencies
The Chinese yuan spearheaded Asian currencies' climb in value against the world's reserve currency on Tuesday as the renminbi rose after scraping its lowest value since late 2012 last week, according...
View ArticleYuan pushes toward top gain in four weeks as questions linger
The Chinese yuan was set to mark its biggest gain in roughly four weeks on Monday against the world's reserve currency as confidence spread about a reversal of recent losses, according to Reuters. The...
View ArticleYuan dips for sixth consecutive day against dollar
The Chinese yuan slumped for a sixth-straight day on Friday against the world's reserve currency, dropping to its 16-month trough against its top rival monetary unit, according to Bloomberg. Concerns...
View ArticleYuan continues downward dip against dollar
The Chinese yuan touched its 16-month trough against the world's reserve currency on Wednesday after private data showed factory production in China is slumping, according to Bloomberg. The Purchasing...
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