Forex Market Commentaries From FXCC – Daily Commentaries on the biggest stories from the world of Forex Trading & Currency Exchange.
The current vogue in market analyst circles, when commentating on data produced by various government bodies or respected publishers, is to micro-analyse each minuscule movement and produce reams of discussion on each small variance. Whereas previously a movement of circa 0.5% would be regarded as irrelevant ‘noise’ given it could be a statistical blip or […]
Just Above Zero Is The New Norm Read More »
Sacrifices were the essential elements in Greek and Roman religious rituals. Sacrifices could be offered for thanksgiving, to ask for something, or to satisfy the gods. Sacrifices could be of meat, other food, or drink. The last are usually called libations. There were various types of animal sacrifice, including suovetaurilia, for a pig, ox, or
The Greeks And Romans Are To Make Sacrifices Read More »
As the dust settles with regards to Greece and Italy can we expect their respective crises to ‘do a Libya’ and simply disappear from the mainstream media’s glare as if the crisis is over, or will the stark realisation emerge that nothing has changed other than (day by day) the problems get deeper as certain
Give Me Your Tired, Your Poor, Your Huddled Masses Yearning To Breathe Free Read More »
There’s a media ‘joke’ doing the rounds at the moment, it has all the wit of a German attempting stand up during an open mike session at the Comedy Club so please don’t shoot the messenger but here goes..there’s only one person who Obama can lose the 2012 election to, Angela Merkel.. Apparently the Washington
People Who Live In Glass Houses (or the Whitehouse) Shouldn't Throw Stones Read More »
It’s difficult to know who the phrase “pouring money down the drain” is more appropriate for, the County officials who took on the debt, or the bond holders? What’s fascinating is just how deep and dirty the municipal bond market in the USA has become over recent years. The process is simple, if an area
The Sewage Hits The Fan In Jefferson County Alabama Read More »
“It took a lost weekend in a hotel in Amsterdam And double pneumonia in a single room And the sickest joke was the price of the medicine Are you laughing at me now? May I please laugh along with you?” – Lloyd Cole At times when the troika, IMF, the EU, the G7, or G20
Lost Weekends Leading To A Lost Decade Read More »
The headlines read; the parliament is convening in order to orchestrate a vote of confidence, or to potentially vote on new austerity measures, or to potentially dissolve parliament and create a new ‘unity government’ (an unelected coalition)..but this isn’t Greece this is Italy, largest debtor by measurement of government bonds there is and this debacle
Italy's Genie Is Out Of The Bottle Read More »
Taking a step back it has been incredible to witness the ‘volte-face’ performed by Greek politicians. How quickly the door has been slammed in the face of the democratic process and how those politicians have re-grouped in order to protect the banks and markets is breath taking. Not once but twice in the space of
As Focus Shifts To Italy, Next In The Firing Line Will Be France Read More »
La Dolce Vita, Italian for “the sweet life” or “the good life” is a 1960 comedy-drama film written and directed by Federico Fellini. The film is a story of a passive journalist’s week in Rome, and his search for both happiness and love that will never come. Generally cited as the film that marks the
Potemkin villages or Potyomkin villages (Russian: Потёмкинские деревни) is an idiom based on a historical myth. According to the myth, there were fake settlements purportedly erected at the direction of Russian minister Grigory Potemkin to fool Empress Catherine II during her visit to Crimea in 1787. According to this story, Potemkin, who led the Crimean
Cannes, the Modern Day Potemkin Village Read More »
