I love that chart because it shows the solidarity between the countries of the EU to help each others in order to be more equal than it's the case today. In the US it's totally different. The rich states will always be rich and the poor states will ...

Brexit: EU's Donald Tusk 'suggests 12-month flexible delay'

Good for you Bones but as far as I'm concerned Nigel Farage works only for himself and couldn't care less about his compatriots or the UK.

Brexit: EU's Donald Tusk 'suggests 12-month flexible delay'

I agree with you but don't forget that all the construction projects that are made by the EU can be accomplished by any firm within the EU. Of course it would not make any sense for a UK company to bid for constructing a road or a bridge in Romania ...

Brexit: EU's Donald Tusk 'suggests 12-month flexible delay'

If I were a Brit I would prefer Theresa because she has a set of b***s that Corbyn is lacking. All Corbyn does is criticize without ever proposing a viable solution. Corbyn is small change compared to the majority of his predecessors. Why did the ...

Brexit: EU's Donald Tusk 'suggests 12-month flexible delay'

"Economy Has Changed Since 1960-1970s Inflation Because Fed Now Has Less Ability To Cut Rates". This is totally wrong. The economy has changed for sure but the Fed has the same ability it had in the 60s and 70s. The problem is that the Fed let the ...

Fed’s Evans: Being Symmetric On Inflation Helpful For Fed Policy

I hope Mr. Villeroy is wrong regarding the euro area inflation. If inflation goes down further there is a risk of deflation and this would be disastrous not only for Europe but also for its trading partners.

ECB'S Villeroy: Euro Area Inflation Is Expected To Fall In The Course Of 2019, Reflecting The...

I may not agree with everything that he stated but he gets all my respect because I think he is honest and qualified to be a member of the FOMC. We need more honest and qualified people to run the financial system of this country instead of people ...

Evans: Risk Management and the Credibility of Monetary Policy

Looks like the Austrian government is following in the foot steps of President Trump trying to get the central bank to do what the politicians want. In any case no central bank has ever been totally independent from politicians.

Austrian central bank says government threatens its financial independence

Since 2017 UK FCA is following ESMA rules offering only a 25:1 leverage.

Business as usual: GKFX is NOT leaving UK

The best news is that labour shortages have decreased. I guess taking in 50,000 migrants from Syria is paying off in the short term. I wonder what this will do when the next recession hits.

Business Outlook Survey - Spring 2019

The Brexit rollercoaster makes traders money. The economic data less so these days maybe this week will be better.

Slew of UK data eyed as Brexit endgame remains elusive

"The GBPUSD hasn’t been the most exciting currency pair lately" … is this a joke? Lots of money was made selling the GBP against all the major currencies every time the MPs voted down Theresa May's Brexit deal. Waiting for next vote. This reminds me ...

GBPUSD Wedge Pattern to Offer Clues

The EU Trade Commissioner Cecilia Malmstrom is dreaming. We only want a deal with the EU to sell more of what we produce but this doesn't mean that we want to buy more from the EU. President Trump is a wheeler dealer so watch out EU.

EU's Malmstrom believes U.S. trade deal can be done quickly

The #1 person who wants a cheap $ is in the picture above. This way US exports will be easier to sell in other countries and imports will be more expensive in the US. This won't affect people who can afford a Mercedes or a BMW and will not help ...

Fed's Evans - Data has strengthened a little bit recently

I bet that the porn collection that the man had was worth more than my stamp collection. I got to change hobby!

Man sues parents for throwing away his $26K porn collection

If you work 1 day a month or more you are considered to be employed full time. If a person is unemployed for a year that person is considered no longer looking for work so the person drops out of the statistics. This is why the US participation rate ...

The Fed Takes a Second Look at Its Good-News Story on American Jobs

After Brexit, if the UK is smart it will drop all the nonsense ESMA rules imposed on traders. While it's true that limiting leverage protects traders from losing more money than they can really afford it also has the negative effect that it limits ...

Business as usual: GKFX is NOT leaving UK

It very much look like that PM Theresa May isn't too optimistic about her Brexit deal since she's making preparation for a no-deal Brexit. This doesn't inspire confidence.

UK PM Spokesman: Talks Will Take Place In Smaller Working Groups Looking At Specific Issues

The DAX is now at Friday's EOD level so I guess I can't complain that it forgot to go up today.

Redemption Monday