The bond market has taken the opposite bet, and the dollar has strengthened. By Wolf Richter for WOLF STREET. A hot theme widely banded about to pump up cryptos, gold, silver, and even stocks is the so-called “currency debasement trade.” The idea is that enough traders rally behind a common theme to move prices in their direction for long enough to make a …
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Dollar cuts losses, after Trump tones down tough talk on trade – Reuters
Dollar cuts losses, after Trump tones down tough talk on trade Reuters Markets rebound amid latest US-China tariff spat as traders look to possible ‘Taco trade’ The Guardian Global Markets Mixed Amid Renewed Trade Tensions The Wall Street Journal China-US tensions draw market bulls out of their shells as prospect of ‘taco’ trade looms South China Morning Post FX Daily: Dollar shows its vulnerable …
Read More »Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking looking healthy’
Financial markets suffered a rerun of their swoon in April, when “Liberation Day” tariffs shocked global investors, signaling that his latest China duties may end up hurting the U.S. more than their intended target. On Friday, President Donald Trump said he will impose an additional 100% tariff on China and limit U.S. exports of software, after China restricted its exports …
Read More »Gold’s Rally Is Helping China Build a World Less Dependent on Trump, US Dollar
A scorching gold rally is helping China get one step closer to its goal of building a world less dependent on US-centric financial markets. Beijing has already been accumulating reserves for a decade, building a bullion stockpile that is likely to be the sixth-largest in the world. Now the metal’s vertiginous ascent is adding support to its campaign. On Wednesday, …
Read More »Samsung Is Quietly Clearing Out Galaxy Buds3 Pro Stock, Amazon Is Selling Them for Pennies on the Dollar
Samsung and Apple have been locked in fierce competition across every product category, from smartphones and laptops to wireless earbuds. If you’re not interested in paying Apple’s premium prices for the latest AirPods Pro 3, Samsung’s Galaxy Buds3 Pro offer a fantastic alternative (that actually surpasses the AirPods Pro 2 in all key areas). Right now during Prime Day, Amazon …
Read More »Japanese yen, euro slide against dollar on fiscal concerns – Reuters
Japanese yen, euro slide against dollar on fiscal concerns Reuters U.S. Stocks Trade Mostly Higher The Wall Street Journal Morning Bid: Political jolts from Tokyo and Paris Reuters Political Surprises in Japan and France Catch Investors Off Guard Bloomberg.com Before the Bell: What every Canadian investor needs to know today The Globe and Mail Source link
Read More »Bitcoin Hitting New ATH While US Dollar Collapses: Analyst
Precious metals and Bitcoin (BTC) are rising to new all-time highs, alongside risk assets like stocks, as the US dollar (USD) is on track for its worst year since 1973, signaling a “generational” macroeconomic shift, according to market analysts at The Kobeissi Letter. The S&P 500 stock market index is up over 40% in the last six months, BTC hit …
Read More »Gold, Bitcoin (BTC) Extend Rally as US Dollar, Japanese Yen Fall on Politics
Growing fiscal concerns in some of the world’s biggest economies are adding momentum to a so-called “debasement trade,” as investors flock to the perceived safety of Bitcoin, gold and silver while pulling away from major currencies. The yen tumbled on Monday as pro-stimulus lawmaker Sanae Takaichi was set to become Japan’s next prime minister. The dollar, which has weakened about …
Read More »How this popular trade is boosting gold and bitcoin as hedges to a weaker dollar – MarketWatch
How this popular trade is boosting gold and bitcoin as hedges to a weaker dollar MarketWatch The retail investor crowd has a new trade it is chasing. It’s fueling bitcoin and gold rallies CNBC BlackRock IBIT and SPDR Gold ETFs Experience Dramatic Upsurge Amid Fiat Fears OneSafe Bitcoin News: Why Everybody’s Talking About the ‘Debasement Trade’? The Coin Republic Bitcoin and gold surge to …
Read More »The dollar grocery store staples that reverse aging, revealed by top plastic surgeon
We are what we eat, as the saying goes. And acclaimed plastic surgeon Dr Amir Karam said this is especially true when it comes to our skin and appearance. The San Diego-based aesthetician has revealed his inexpensive go-to ingredients available at the grocery store for keeping skin youthful and radiant. On Dr Karam’s list are foods that boost collagen and …
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