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Swiss Shockwaves
@Marco A day after the SNB decided to abandon the peg against the Euro, the ramifications of this announcement continue to shake the markets on a global scale. In Asia, bourses closed in the negative while safe havens assets, such as the Yen and Japanese government...
Central Bank Mayhem
@Marco Markets received a couple big shocks today after surprise announcements by the Reserve Bank of India (RBI) and the Swiss National Bank (SNB). The former announced an interest rate cut from 8% to 7.75% based on lower inflation data, in fact, India’s CPI stands...
The World Bank Cuts Growth Forecasts
@Marco The negative global trend continues today after the World Bank cut growth forecasts for 2015 and 2016 on increasing concerns over Europe and China. Investors across several markets reacted by moving capital towards safe havens such as the Japanese Yen and...