Posts tagged 'Economy'

Metals Minute168: Omnibus $1.65 Trillion Buy Gold Bill

Metals Minute 168: Omnibus $1.65 Trillion Buy Gold Bill

December 21, 2022
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The metals were mixed this week as of this morning, with gold up.
Unexpected Market Volatility After Fed Chairman's Speech

Unexpected Market Volatility After Fed Chairman's Speech

December 16, 2022
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Stock markets responded with volatility to comments made by Federal Reserve Chairman Jerome Powell at the December FOMC meeting.
Nigeria Limits Bank Withdrawals  to Encourage CBDC Usage

Nigeria Limits Bank Withdrawals to Encourage CBDC Usage

December 16, 2022
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eNaira is the central bank digital currency (CBDC) issued by the Central Bank of Nigeria. Learn about CBDCs here.
The Knowns and Unknowns of the Economy

The Knowns and Unknowns of the Economy

December 15, 2022
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Unknowns always exist. Some unknowns are known, and some are unknown.
China and Saudi Arabia Sign $50B In New Agreements

China & Saudi Arabia Sign $50B In New Energy, Security, and Investment Agreements

December 14, 2022
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China signed several memorandums and more than 40 new energy, security, technology, and bilateral investment agreements with Saudi Arabia.
India & U.A.E. Central Banks Discuss Trading Local Currencies

India and U.A.E. Central Banks Discuss Trading in Local Currencies

December 13, 2022
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In November, the central banks of India and the United Arab Emirates discussed potential mechanisms to trade in their local currencies.
BIS Warns Pensions are Hiding $80T of High-Risk FX Swaps

BIS Warns Pensions are Hiding $80T of High-Risk FX Swaps

December 6, 2022
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Today, we will discuss a not-well-understood element of high finance, posing one of the most significant portfolio threats we have ever discussed.
Fed Chairman Powell Commits to Ongoing Interest Rate Hikes

Fed Chairman Powell Commits to Ongoing Interest Rate Hikes

December 2, 2022
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Fed Chairman Jerome Powell spoke on Fiscal and Monetary Policy about the economic outlook, inflation, and the labor market.
Congress to Intervene in Railroad Strike Negotiations

Congress to Intervene in Railroad Strike Negotiations

December 1, 2022
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President Biden released a statement calling on Congress to immediately pass legislation to adopt the Tentative Agreement between workers and operators.
Metals Minute165: Best Month Since 2020

Metals Minute 165: Best Month Since 2020

November 30, 2022
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Central banks have been purchasing gold at a rate not seen since 1967, when the US Dollar still had some official gold backing.