The risk of automated trading: a case study Over the last decade, automated or algorithmic trading has taken the markets by storm. This does not come as a complete surprise, since enormous technological advances have created the possibility to trade at higher speed and frequency and recognize patterns faster than a human trader could ever […]
Bleecker Street Capital’s Frank Del Vecchio introduced the concepts of central bank foreign exchange reserves, reviewed several key trends in their allocation, and explained the reasons for those trends. The modern foreign exchange rate system began after the demise of the Bretton Woods system. In 1944, the Allies fixed their exchange rates to the US […]
California’s business nonprofit Bay Area Council has been nice enough to sponsor a trip to China for Governor Jerry Brown and over 100 of his close friends to celebrate his birthday! Just a little joke. It’s true that Governor Brown did celebrate a birthday recently, and that he and a large delegation of […]
Financial Times Video: The Shanghai stock exchange has rebounded in recent weeks on the back of upbeat economic data as well as positive sentiment towards its new leadership. Richard Stovin-Bradford and Julia Grindell discuss the outlook as well as some of the lurking risks for the world’s second largest economy.
Mark Mobius, the executive chairman of Templeton Emerging Markets Group told CNBC that he was looking to invest in the region, particularly in Eastern Europe. According to Mobius, the takeover of companies in Europe by Chinese and Middle East investors was another factor that would drive a recovery in the region. Mobius also said the […]
According to a Financial Times article, commodities and gold prices continued their winning streak since the start of the year, on expectations of further monetary easing in the US and a soft landing in China. An easier monetary policy is seen as a positive for gold, which is denominated in dollars. Bullion is also seen […]
For the fifth year running, commodities are beating equities. While the MSCI All-Country World Index of equities has dropped 13 percent in 2011 and Treasuries yield declined to near-record lows, the Standard & Poor’s GSCI index of 24 raw materials rose 2.1 percent. Goldman Sachs has remained bullish on commodities as well, expecting them to […]
Commodity financing is increasingly suffering from the credit tightness led by the European debt crisis. The liquidity of the market is once again threatened but compared to the peak of the credit crunch in 2008/2009, the current tightness of supply is on a significantly lower scale. Due to current market trends, financing institutions and borrowers […]