Yen

Foreigners Scramble To Buy US Debt Every Time Rates Rise

One of the persistent questions in 2017, has been how - with equities at all time highs - are Trasuryies and other corproate bonds so strongly bid, and why is the 10Y still trading at a level that is more suggestive of a deflationary slump than an economic rebound. The answer it turns out, is to be found offshore.

Global Stocks Hit New All Time High As Dollar Rebounds; Europe Volatile On Earnings Deluge

The levitation continues with S&P futures pointing to - what else - another higher open while European stocks swung between gains and losses on the busiest earnings days of the year (85 of the Stoxx 600 report) which has seen European pharma giant AstraZeneca plunge 15%, the most on record, after its flagship lung cancer trial Mystic failed to show benefits, while Deutsche Bank slumped 4% on a 12% plunge in FICC revenue.

Bitcoin Is Like The Internet In 1995

"On August 9, 1995, the internet had its "mainstream" moment. That’s when Netscape held its IPO and released its web browser, Netscape Navigator, to the world... I think we’ll look back at Japan’s legalization of bitcoin as its Netscape moment..."

Bitcoin: Fake Asset Or Security?

What the success of bitcoin says about the world of dollars, euros and yen is unsettling at a number of levels, but then again, bitcoin is ultimately just a brilliantly designed virtual market that, initially at least, promised security and anonymity.  Whether those qualities can endure as the audience grows is a very intriguing question that investors need to consider.

Global Stocks Jump, Crude Booms As Yellen Looms

S&P futures were fractionally higher (+0.1% to 2,476) with all eyes on the Fed's rate decision as investors await another earnings deluge from companies including Facebook, Coca-Cola and Boeing. Asian and European shares were also higher, the Dollar rebound continued while oil rose above $48 as copper hit a two year high.

Former Forbes Bureau Chief Blows Whistle On 9/11 & Fukushima

"So this is some sort of global elite that have helped to orchestrate 9/11 and Fukushima?" ... "The forensic trail of evidence led to Peter Hanz Kolvenbach, the former head of the Jesuits and the P2 Freemason lodge in Italy. These people are aiming for a fascist world government under their control."

Japan's Shifting Power Alliances

The rise of nationalism in the U.S. will cause massive shifts in global trade alliances. One of the main beneficiaries will be Japan...

Euro Surges To 2-Year High In "Bipolar" Draghi Reaction; Futures Flat

"Draghi tried to talk the Euro down, even going so far as to suggest that ECB’s quantitative easing could be increased and prolonged," said Swissquote Bank's Yann Quelenn. "But the currency markets were not buying Draghi’s line, and neither are we. Available bonds are too scarce, and turn to a taper is too clear to disguise."