Open trading account 
U.S. and China are said to be discussing Chinese market access and trade in a more calmer way. That's significant improvement over last week's retaliatory rhetorics. Better risk tone to start the week has seen JPY and CHF pairs trade higher. EUR/CHF appears ready to challenge last week's high near 1.175 with 1.185 and 1.20 the next targets.
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U.S. RETAIL SALES NUMBERS
U.S. Retail Sales Numbers
As the most important piece of U.S. data this week and the only report that could have altered the market’s expectations for tapering, U.S. retail sales successfully united the movements in U.S. assets. The dollar traded higher against all of the major currencies as Treasury yields increased and equities weakened. Even commodity prices were driven lower by the rise in the dollar. All of this price is consistent with increased expectations for Fed tapering and is a b…
As the most important piece of U.S. data this week and the only report that could have altered the market’s expectations for tapering, U.S. retail sales successfully united the movements in U.S. assets. The dollar traded higher against all of the major currencies as Treasury yields increased and equities weakened. Even commodity prices were driven lower by the rise in the dollar. All of this price is consistent with increased expectations for Fed tapering and is a b…
Can Global Youth Unemployment Lead to WWIII?
I read an article in Wall Street Journal about Pope Francis visiting Brazil and addressing youth unemployment. Pope called upon leaders to serve the poor and it is certainly true for any form of leadership. Recently, the International Labor Organization (ILO) published a damning report on global youth unemployment earlier this year, highlighting that in the global labor market 75 million youth are unemployed. It just concerns me that with increased globalisation, and manufacturing in the West b…
Dark Secrets of Your Therapist.
I came across this interesting (and truthful) article about therapy and therapists. I agree with it and thought it’s worth sharing. In a nutshell, the person on the couch isn’t the only one with problems. Your therapist will never tell you: 1.“Your childhood was bad? Wait till you see your bill.” Among those who seek psychological help in the U.S., 40% undergo therapy with a social worker, psychiatrist or psychologist. All that talk doesn’t come cheap. There is no set charge, but therapis…