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An Economics Education by Bitcoin - Part I By Brian Blum For those unfamiliar with Bitcoin, there are better ways to begin understanding it than this article; I'd recommend Wikipedia for starters...
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Roberto Jacobs, 1 April 2016, 17:37 #bitcoin
USD/JPY: Expectations of the Interest Rate Increase in the USA Have Significantly Decreased At the closing trading session in Asia Japanese stock index Nikkei Stock Average fell by 3.6% to 16164.16 points...
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Roberto Jacobs, 1 April 2016, 17:23
USD Still Vulnerable ahead of NFP Report – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the US dollar continues to remain on the defensive ahead of the release today of the latest non-farm payrolls report...
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Roberto Jacobs, 1 April 2016, 12:49
JPY: Stronger Yen Hits Business Confidence in Japan - MUFG Lee Hardman, Currency Analyst at MUFG, suggests that the weakness in the Japanese equity market and the strengthening of the yen likely reflects as well a further loss of investor confidence in Abenomics following the release overnight of...
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Roberto Jacobs, 1 April 2016, 12:47
Euro Rises As Eurozone Manufacturing Growth Improves The euro strengthened against the other major currencies in the Asian session on Friday, after data showed that the Eurozone manufacturing growth improved more than initially estimated in March...
Currency
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Roberto Jacobs, 1 April 2016, 12:43
US: Less Dovish Fed Speak – Investec Research Team at Investec, notes that in terms of US economic data yesterday, the main takeaway was further improvement in US manufacturing, with the March Chicago PMI reading showed an increase of 6pts last month to a better than expected 53.6 (vs. 50...
Currency
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Roberto Jacobs, 1 April 2016, 12:40
GBP: Final Reading of Q4 UK GDP Revised Up – Investec Research Team at Investec, notes that yesterday saw UK Quarterly GDP growth for Q4 last year was revised up a touch, to +0.6% from +0.5% previously estimated. Key Quotes “For the year 2015 as a whole, growth was also revised up by 0.1pp, to 2...
Currency
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Roberto Jacobs, 1 April 2016, 12:37
BOJ’s Sakurai: Current Yen Not Too High vs its Level in 2012 Bank of Japan’s (BOJ) Sakurai, while commenting on exchange rate said the current level of Yen is not too highs compared to the one seen in 2012...
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Roberto Jacobs, 1 April 2016, 11:27
BoJ Tankan Worsens – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, suggests that the downward risk to USD/JPY is greater under worsening Japan-US economic conditions...
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Roberto Jacobs, 1 April 2016, 08:58
There is No Basis for Continued Depreciation of the Yuan - Xinhua Xinhua News Agency reporting comments from China’s foreign ministry on the Yuan and country’s fiscal policy...
Currency
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Roberto Jacobs, 1 April 2016, 08:00
USD: Evidence of FX Reserves Rebalancing – Nomura Research Team at Nomura, suggests that the FX reserves rebalancing may explain some of the weakness in USD...
Currency
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Roberto Jacobs, 1 April 2016, 07:33
USD/JPY is Vulnerable to a Resolution - Scotiabank Eric Theoret, CFA, CMT FX Strategist at Scotibank explained that JPY is steady consolidating its recent gains, trading around the mid-point of its multi-month range...
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Roberto Jacobs, 31 March 2016, 20:31
GBP Voltility and Tin Hats - Rabobank Analysts at Rabobank explained that the value of the UK trade weighted index has plunged around 6% since the start of the year...
Currency
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Roberto Jacobs, 31 March 2016, 20:20
AUD: Temporary Strength but Long Term Weakness to Prevail – ANZ Research Team at ANZ, suggests that the recent rally in the AUD has coincided with a basing in commodity prices, but in fact it represents a repricing of global recessionary risk...
Currency
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Roberto Jacobs, 31 March 2016, 14:05
CAD: All Eyes on January GDP Data - BBH Research Team at BBH, suggests that the Canada reports January GDP today. Key Quotes “It is expected to rise 1.1% y/y vs. 0.5% in December...
Currency
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Roberto Jacobs, 31 March 2016, 14:02
Sterling: Unsettled by Politics - ANZ Research Team at ANZ, suggests that the opinion polls on the outcome of the referendum on EU membership (23 June) continue to show a very close-run contest...
Currency
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Roberto Jacobs, 31 March 2016, 13:59
Turkish Lira At More Than 4-Month High Vs U.S. Dollar After Strong GDP Data The Turkish Lira firmed against the U.S. dollar in European deals on Thursday, as Turkey's economy expanded at a faster-than-expected pace in the fourth quarter of 2015...
Currency
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Roberto Jacobs, 31 March 2016, 13:43
Renminbi Series: Yuan-Hibor Turns Negative First Time Ever Remember the Hibor? That came notoriously famous as after this Yuan based, Hong Kong interbank offered rate, in January reached 66.8% in January...
Currency
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Roberto Jacobs, 31 March 2016, 13:41
Euro Higher After Eurozone Consumer Price Inflation The euro gained ground against the other major currencies in European trading on Thursday, after data showed that inflation in the euro area improved modestly in March, albeit remaining negative due to sharp falls in the energy prices...
Currency
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Roberto Jacobs, 31 March 2016, 13:17
Pound Rises As U.K. GDP Revised Up The British pound strengthened against the other major currencies in the early European session on Thursday, after data showed that the U.K. economy expanded more than previously estimated in the fourth quarter...
Currency
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Roberto Jacobs, 31 March 2016, 12:28