While in 1970, trade represented about 29% of the world's gross domestic product (GDP), as of 2018, it exceeded 60% of world GDP. At the beginning of the 15th century, with the arrival of colonization and the discovery of America, what began as a commercial phenomenon that we call triangular trade, became, over time, the [...]
Ruchir Sharma believes that next year the inflation of the dollar will be noticed. For Sharma, the next few years will be better valued stocks that preserve their value. Morgan Stanley’s head of emerging markets and global strategy commented that commodities such as gold would do well for the next 3-5 years, and included bitcoin [...]
The list of economic indicators shown below is of high relevance for both Switzerland and the Swiss franc (CHF), its current fiat currency, and therefore should be followed carefully by traders and investors who trade with this currency (currency pairs like the USD/CHF and EUR/CHF). […]
The list of economic indicators shown below is of high relevance to New Zealand and therefore for its currency, the New Zealand dollar, and should be followed carefully for traders and investors who trade in this currency. However, is important to take into account that this country does not publish indicators very often. […]
The German IFO survey is one of the most studied, since it shows the status of the largest economy in the eurozone. It frequently indicates the economic evolution of the entire euro area and, in addition, it generates immediate effects on the common currency: the euro. This week, the IFO survey has shown that business confidence levels [...]
EUR/USD stops at the 1.1000 zone and turns lower. Investor sentiment could determine the pair's short-term trend in the coming sessions. In this article we present the most important technical levels to consider. The EUR/USD currency pair deepens bearish movements and accumulates two consecutive days of losses since last week after the price was rejected [...]
Risk aversion remains the predominant sentiment in the markets, supporting safe havens and affecting risk-related assets. This dynamic is well illustrated by the performance of the euro against the Swiss franc. Following President Trump’s statements yesterday, threatening to withdraw from phase one of the trade agreement with China, the franc reached 1.05038 against the single [...]
Large macroeconomic imbalances in many economies make recovery difficult. Countries such as Spain or Italy foresee an exorbitant increase in their levels of public debt, with IMF forecasts that put the debt at 120% and 150%, respectively. In recent weeks, the harsh global pandemic the economy is going through has put the world in check. [...]
The International Monetary Fund (IMF) has released the update of its forecasts for the world economy and the effects caused by the Coronavirus. In ForexDominion we have analyzed the report published by the organization. A few days ago we knew the forecasts on the world economy, which were published by the IMF. A highly anticipated [...]
Monetary policy is the discipline of economic policy that controls monetary factors to ensure price stability and economic growth. It brings together all the actions that the monetary authorities (central banks) have to adjust the money market. Through monetary policy, central banks direct the economy to achieve specific macroeconomic objectives. To do this they use [...]