Gold demand increases along with uncertainty thanks to Trump, Brexit and North Korea
Gold demand increases along with uncertainty thanks to Trump, Brexit and North Korea
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Europe
Crypto-Cornucopia Part 2 - "This System Is Garbage, How Do We Fix It?"
Authored by Dr. D via Raul Ilargi Meijer's The Automatic Earth blog,
Part 1 "Bitcoin Is A Trust Machine" here.
GE Slashes 12,000 Jobs In Troubled Global Power Business
A day after labor unions warned that General Electric was planning thousands of job cuts in its troubled power-generation unit, GE confirmed that it’s planning to cut 12,000 jobs globally in its power business as the company’s new leadership tries to revive the company’s moribund stock price.
China Commodity Carnage Continued Overnight As Brexit Fears & Bitcoin Cheers Dominate
Once again weakness in the US carried through to Asia with stocks unable to hold any National-Team-inspired gains, but it was the contagion to commodities that was most notable (as a hike in exchange fees snuffed out a lot of speculative fervor)
- European equities have followed suit from their Asia-Pac counterparts to trade higher across the board
- Markets await Brexit headlines amid Barnier deadline
- Looking ahead, highlights include US weekly jobs and potential comments from ECB’s Draghi.
ASIA
A Two-State Solution For Europe?
Authored by Judith Bergmann via The Gatestone Institute,