Trump Border Tax and the Dollar Appreciation

Finance Investment Trading

The proposed ‘major’ border tax on goods, manufactured by the US corporations overseas is causing a lot of discussions. One of the commonly raised questions is whether the latest dollar rally is posed to continue, adding to disbalances in global economy. The dollar growth following the Trump election was based on expectations of policy changes. …

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Bitcoin Trading Volume Drops on Chinese Exchanges

Finance Investment Trading

Bitcoin trading volume drops on major Chinese Exchanges after transaction fees were reinstated. After many years of no-fee bitcoin trading, the major exchanges introduced a flat fee 0.2% per transaction. NEWSBTC reports: The one-hour trading volumes across most major Chinese bitcoin exchanges took a big hit. Earlier tonight, OKCoin’s volume dropped by 89% compared to …

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Crude Oil Prices: Potentially Bearish Factors

Finance Investment Trading

On November 30, the OPEC countries  sand Russia achieved an agreement to curb crude oil production in order to support crude oil prices. The decision was considered, bold, but not unexpected after the prices of crude plummeted from above $100 down to $25 a barrel. The major goal of the parties was to reduce the …

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Trump’s Withdrawal from TPP

Finance Investment Trading

As promised during campaign, Trump signed official withdrawal from TPP, effectively ending the negotiation with the potential Asian-Pacific partners. Killing TPP stems from the idea of the new administration that compared to the collective negotiations, individual negotiations with each country will lead to better ‘deals’ for the US. The opinions on TPP are polarized and …

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No-Fee Trading is Stopped on Chinese Bitcoin Exchanges

Finance Investment Trading

The major Chinese bitcoin Exchanges stopped no-fee trading at the threat of crack down by the regulators. No-fee trading, in which no fee was charged to buy or sell bitcoins and all profit of exchanges came from from withdrawal fees, was standard practice on bitcoin exchanges in China for several years. No cost transactions made …

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Can US Oil Imports from OPEC be Stopped?

Finance Investment Trading

Can US survive if OPEC oil imports are stopped? OPEC suppliers shrugged off the goal of new administration of cutting the oil imports from ‘hostile’ countries. The idea of oil independence was dismissed as total nonsense. Bloomberg reports: The U.S. is “closely integrated in the global energy market,” Saudi Arabia’s Energy and Industry Minister Khalid …

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Trump Administration May Purge Climate Science

climate science

Scientists are copying data, expecting possible purge of climate science by the new administration. Hours after the new administration took office all references to global warming and climate change disappeared from the White House website. Several government agency websites posting information and reports on global warming were also taken down. Below are a few excerpts …

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Oil Production Cuts by OPEC Proceed as Planned

Finance Investment Trading

OPEC and Russia officials reported that they are satisfied with the rate of oil production cuts. Currently, the production is cut by 1.5 million bpd, and it is supposed to be reduced by the total of 1.7 million bpd by the end of next month. WSJ reports: Saudi energy minister Khalid al-Falih said OPEC’s 13 …

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New Projects May Increase Global Oil Production

crude oil price

As OPEC countries and Russia are cutting oil production, the other market players are looking to expand their market share. The total number of oil and gas buyouts on the rise, totaling at around $60 billion in the fourth quarter of 2016. The deals include purchases of land by oil and gas companies for future …

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FHA Insurance Rate Cut Suspended

Finance Investment Trading

FHA insurance rate cut was suspended by HUD. The insurance rate cut was announced by the Obama administration on January 9 and scheduled to go in effect on January 27. The rate cut was justified by relative health of the fund with capital reserve reaching 2.35% compared to 2% required by law. The new Trump …

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