Although Asian core all closed lower it really wasn’t that bad – at least in the Asian cash time zone. The JPY traded above the 110 level as cash rebounded at the close but then saw the late safety rally (US time zone). It was the large cap Hang Seng that appeared nervous in late […]
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It should come as no surprise that the Merkel government has been trying to hide the extent of the ongoing refugee crisis in Germany. The Merkel government appears to be trying to keep police surveillance of border controls top secret. Despite the fact that Merkel did close the Balkan route into Germany, the federal police […]
The US sanctions voted on by Congress against Russia are outrageous and an act of war that history will write as this may have been the line in the sand crossed by the USA to punish Russia for Hillary’s loss. Clearly, the new sanctions have important implications for Europe because they target any company that contributes […]
