September 2, 2015
The previous month of August will always be a month to remember in the financial market. Despite the general believe that August is a less volatile month because many traders especially institutions always go on holiday around this time of the year. But this time around, the reversal was the case; volatility was a matter… View Article
August 27, 2015
The Swiss economy over the past couple of month as show some signs of a possible recession. This economy is believed to be the safe haven when the global economy is in a downturn but unfortunately, the Swiss economy is now under pressure. Earlier this year, The Swiss National Bank removed the 1.20 peg on… View Article
August 25, 2015
Gold rallied from the July lows of $1077 to test the $1167 level. Gold is believed to be a safe haven where investors put their money during period of economic uncertainty. During the last economic recession, gold price rallied to over $1920. Unfortunately, this level has been the highest price since 2011. The introduction of… View Article
August 11, 2015
Overnight, the Peoples Bank of China (PBOC) devalued the Yuan after a consistent fall in export by more than 8%. The Yuan dropped over 1.9% against the US dollar, the biggest drop since 2005. It will be recalled that the yuan has been really strong over the past years against the USD dollar. The need… View Article
July 28, 2015
The shanghai composite reached a record high of 15,046 in May 2015. This could be attributed to massive and excessive Quantitative Easing which was embarked on by the Peoples Bank of China (PBOC). This monetary policy was effective at driving and boosting economic growth and development across china. This saw massive improvement in economic activities… View Article
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