Global supply chains are breaking, borders rising within nation-states, stock exchanges are convulsing with fear, and recession looms over the global economy.
The coronavirus has disrupted world order
bloomberg.com/opinion/articl…
Well, finally Crude did what it was supposed to. Took a lot of patience! I now think it should stop for a while to digest the moves, trade to form a choppy right hand shoulder before the next leg lower, which I think is to below $40, maybe $30. Let's see...
This is what happens to price of #gold when a few countries try to use it to de-dollarize but the rest of world still operates on a #dollar payment system. They have to sell the gold to get dollars. This will eventually change. But not yet.
#Turkey#Iran#Venezuela
Good morning from #Germany for which Turkey definitely matters. Not least German comps have exported goods worth €22bn to #Turkey in the past 12 mths, just shy of a record. Turkey is the 16th most important export destination for Germany.
Turkey is no threat to Europe's banks
"as a percentage of European banks’ balance sheets, Turkey exposure is 0.4% for Germany, 0.2% for the UK, 0.5% for Netherlands, and 0.4% for Spain."
-Goldman Sachs
Greek Alt Minister @alexischaritsis says that among other debt relief measures, Eurogroup is discussing refinancing 11bn of IMF debt. "It's a critical discussion, as this debt is very expensive... a refinancing by the ESM would result in very important short-term debt relief" 2/2
Just to put things into perspective: #ECB's adverse scenario in #Greece's bank stress test looks far less stressful than earlier stress tests. mb.cision.com/Main/14824/251…
Oops! It appears Eurozone Core CPI inflation to creep higher, AP‘s Sinche writes. Eurostat has reported a stable Core CPI at 1.0% YOY for March, BUT Core CPI readings accelerated in #Italy (0.9%), #Spain (1.2%) and #France (1.3%) and held at an elevated 1.6% YOY in #Germany.
54K Followers 54K FollowingYour 24/7 Website For Real Time Forex News, Live Foreign Exchange Rates, FX Charts and Technical Analysis. First For Forex News. newsroom (@) forexstat.us
81K Followers 507 FollowingFrom the trading floor - IG dealers share news 24 hours a day. Tweets are not investment advice. Your capital is at risk. 68% of retail CFD accounts lose money.
1K Followers 12 FollowingResearch on US / Global Markets | Market Insights | Vested Platform
(Disc: Not part of our SEBI regulated business)
Email : [email protected]
14K Followers 184 FollowingBitcoin for generations. Secured by three, controlled by you. Next gen financial services built on Multi-Institution Custody.
✉️ [email protected]
374K Followers 13 FollowingInter is a metaverse company, creates fun and exciting experiences, fostering collaboration and innovation across our portfolio.
6K Followers 769 FollowingFish where others don't, example: 🇭🇰 , 🇸🇪 , 🇸🇬 , 🇪🇸 , 🇮🇹 CAGR +13%, Aim for margin of safety with rev growth, now also on @Healthstockpick
92K Followers 6K FollowingUpdates and commentary on startups, economics, geopolitics, political risk, global markets and tech. Focus on Greece & Europe.
23K Followers 2K FollowingΑναλύσεις και ρεπορτάζ για την οικονομία, την πολιτική, το χρηματιστήριο. Email: [email protected] - Facebook: https://t.co/BAiG1CH0Ve
16K Followers 11K FollowingΤο bankwars.gr είναι ένα χρήσιμο εργαλείο ενημέρωσης για τραπεζικές, οικονομικές και πολιτικές ειδήσεις, έγκαιρη και έγκυρη ενημέρωση.
30K Followers 351 FollowingFollow MarketWatch's coverage of all the latest economic news. Curated by @jbartash and @grobb2000. Calendar: https://t.co/RRWk8X9ddZ
167K Followers 171 FollowingOfficial X account of U.S. Ambassador to the Hellenic Republic Kimberly Guilfoyle. Social Media Terms of Use: https://t.co/VxHZ93crIj
826K Followers 126 FollowingThe European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.