Commentary / Economy
Add as a preferred source on GoogleRecent global fund managers' survey by the Bank of America Merrill Lynch (BofAML) showed that vast majority of the fund managers are worried over the health of the European banks. They are right in doing so. This chart f…
Recent global fund managers' survey by the Bank of America Merrill Lynch (BofAML) showed that vast majority of the fund managers are worried over the health of the European banks. They are right in doing so.
This chart from Forward Guidance of Bloomberg shows the capital shortfall for the European banks and its billions of euros.
At this point, a return of inflation could prove deadly for the banks.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
