Search Results for: Deutsche Bank

Australia’s household debt-to-income ratio is at an all-time high

Australia household debt income ratio

The Bank for International Settlements has warned that record household debt levels amassed in the past decade have left Australians among the most vulnerable to a sharp rise in global interest rates. According to the Reserve Bank of Australia, household debt-to-income ratio for Australia is at an all-time high of 189%. …

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Making America great again the Trump way

Making America great again the Trump way

President Trump won the 2016 US presidential elections with the promise of making America great again. Read superficially, the slogan does not mean much; but analyzed based on the proposed policy changes by the Trump administration, one starts to figure out what President Trump means by making America great again. …

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China and Japan dump billions of dollars

Dollar being dumped Japan China

Over the past few years the dollar has staged an impressive comeback. Not because there’s anything fundamentally good about this currency’s future prospects, but because for the interim, most of the economies in world aren’t doing so hot. For a lot of investors, it is the lesser of many evils …

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Eurozone needs €2.4 trillion in QE, experts warn

ECB EU QE Mario Draghi

The eurozone will need at least another three years of quantitative easing and €2.4 trillion of firepower to revive its flagging fortunes, Standard & Poor’s has warned. With unemployment stubbornly high and growth still bouncing along the bottom seven years after the financial crisis, the European Central Bank will need …

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Chinese stock market plunges more than 6%

Chinese stock market crash markets red yuan

Chinese stocks plunged on Tuesday as the yuan weakened against the dollar, reigniting fears that Beijing may be intent on a deeper devaluation of the currency despite the central bank’s comments that it sees no reason for a further slide. Concerns that companies may pull more money out of China …

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JP Morgan’s secret London gold vault located

JP Morgan 60 Victoria Embankment London

In a world defined by “financial innovation”, where $1 of hard collateral can spawn over $1000 in repoed and rehypothecated liabilities (and assets), where “shadow banking” is far more important than traditional bank liabilities (and to this date remains completely misunderstood), and where every month the central and commercial banks force create …

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Global derivatives: $1.5 quadrillion time bomb

Finance chart derivatives

When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements (BIS) data show around $700 trillion in global derivatives.  Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion – …

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China’s stock market is about to collapse

China stock market crash

It’s been an ugly week for Chinese equities, but today’s performance is a whole other level of ugly: Today marked the fourth largest decline of the Shanghai Composite in two decades. We’ve discussed the insane valuations on the Shanghai and Shenzen stock-exchange before. As our regular readers will know, today’s fireworks have been a long …

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CRYPTOCURRENCY: The Future Of Money & Blockchain Technology

Cryptocurrency Bitcoin Ethereum Future Money Blockchain Technology

With the age of computers and the Internet revolution has come many tremendous changes to how daily transactions and activities are processed across the world. Messages are now sent almost instantaneously through email, text messaging, Web-based messaging, and chat applications. Individuals and families can stay in touch with each other …

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Central banking elite met today behind closed doors

Bank gate

From Filip Karinja, for Birch Gold Group Today the financial heavyweights in the world of finance met behind closed doors to discuss the future of the global economic system. Held in Washington, the meeting was titled, ‘Gold, renminbi and the multicurrency reserve system’. Co-hosted by the World Gold Council, the purpose of the …

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Bankers dishonest by training, not by nature: study

Banker smoking cigar USD dollar

A Swiss study has set out to establish once and for all whether bankers are scheming, untrustworthy scoundrels. The study of more than 200 international bankers put their honesty to the test and found them to be fundamentally decent human beings, until they were reminded about what they did for …

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Guccifer 2.0 hacks Clinton Foundation, received % of TARP bailout money

guccifer-2-hacks-clinton-foundation-tarp-bailout-money

Documents reportedly hacked from the Clinton Foundation servers have identified major Democratic donors and troubling ties between TARP aid given to banks and their political contributions. One folder is outright labeled “Pay to Play.” A Hacker calling himself “Guccifer 2.0,” who claimed responsibility for previous breaches of the Democratic National Committee and …

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Italy’s public debt hits new record high

Italy's Finance Minister Pier Carlo Padoan

The amount of public debt racked up by the eurozone’s third largest economy reached a new record of €2.2 trillion in May, up by €23.4 billion in a month, the Bank of Italy said on Tuesday. The hike was attributed to increased Treasury liquidity, the fall in the euro and …

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A ‘tsunami’ is about to hit the debt market

Tsunami city debt market bonds

A tidal wave may be coming to the bond market, and it’s not going to be pretty. At least that’s the view of Matthew Mish, credit strategist at UBS. To Mish, the elevated rates of default in the commodity sector and high risk bonds are a harbinger of things to come for …

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Federal Reserve is unable to raise interest rates

Federal Reserve interest rate decision

From Filip Karinja, for Birch Gold Group The Federal Reserve has announced that it will keep rates as is for the time being, at 0.5%. Previously, the Fed said it would carry out four increases in 2016, each by 25 basis points. However, as the months pass, the Fed seems to be stalling. …

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Iran joins growing list of countries to ditch US dollar

US dollar cut up

Iran no longer uses the US dollar in foreign trade transactions, replacing it with other currencies, the deputy governor at Iranian Central Bank told the Tasnim News Agency Saturday. “In trade exchanges with the foreign countries, Iran uses other currencies, including Chinese yuan, euro, Turkish lira, Russian ruble and South Korean won,” Gholamali Kamyab …

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JP Morgan and RBS: sell stocks now

JP Morgan RBS stock market sell stocks

From Filip Karinja, for Birch Gold Group Following the worst start to a year in the stock market, Week 2 of 2016 sees the likes of the Royal Bank of Scotland (RBS) and JP Morgan issuing a simple warning to clients: Get out of the stock market ASAP! Don’t worry, we were shocked …

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