Overview: The US dollar is trading with a heavier bias ahead of the July CPI report. The intraday momentum indicators are overextended, and this could set the stage for the dollar to recover in North America. Outside of a handful of emerging market currencies, which include the Mexican peso and Hong Kong dollar, most are trading lower. Losses in US equities yesterday and poor news from another chip maker (Micron) weighed on Asia Pacific equities. Europe’s Stoxx 600...
Read More »Gordon Miller: What’s Your Absorptive Capacity for User-Generated Innovation?
It’s often the case that lead users — the most sophisticated, committed, and energetic users — are an excellent source of innovation ideas. Those customers who are most engaged are thinking the most intensely and the most creatively about what they want from the usage experience. We came across a particularly instructive example: video game modders. Who are modders, what do they do, and what can we learn from them? Professor Gordon Miller has studied this important...
Read More »Ep 38 – Jp Cortez: Fighting for Sound Money
Jp Cortez of the Sound Money Defense League joins Keith and Ben on the Gold Exchange Podcast to talk about problems with central planning, the morality of sound money, which states are topping the Sound Money Index and why, and what you can do to support grass roots initiatives in the fight for sound money. To connect with Jp and the Sound Money Defense League click here. Connect with Jp on Twitter: @JpCortez27 Connect with Keith Weiner and Monetary Metals on...
Read More »Are Older Workers Propping Up the U.S. Economy?
Are 55 and older workers propping up the U.S. economy? The data is rather persuasive that the answer is yes. The chart of U.S. employment ages 25 to 54 years of age and 55 and older reveals a startling change. There are now 20 million more 55+ employed than there were in 2000, an equivalent of the entire workforce of Spain. This unprecedented demographic / employment transition is worth a closer look. As the second chart shows, some of this increase is due to the...
Read More »It Is Time to Put the Red Flag to Red-Flag Laws
Nothing is certain except death and taxes, but antigunners exploiting tragedy to pass more gun control laws is close behind. On cue, the recent mass shootings in Buffalo, Uvalde, and Highland Park have brought demands for the typical disarmament stew of “assault weapon” and “high-capacity” magazine bans, licensing requirements, and universal background checks. Increasingly, red-flag laws or extreme risk protection orders (ERPOs) are being added to that list of...
Read More »Vitalik Buterin glaubt an Crypto-Zahlungen für den Mainstream
Immer mehr Anbieter ermöglichen Crypto-Zahlungen – vor allem online. Doch von einer Akzeptanz dieser Zahlungen des Mainstreams sind wir dennoch weit entfernt. Vielmehr sind Cryptocoins primär zu einem Investitions- und Spekulationsobjekt geworden. Ethereum News: Vitalik Buterin glaubt an Crypto-Zahlungen für den MainstreamVitalik Buterin jedoch glaubt an diese Akzeptanz und die damit verbundene Mass Adoption für die nahe Zukunft. Auf der Korean Blockchain Week 2022...
Read More »US Dollar Offered but Stretched Intraday
Overview: The US dollar is trading heavily against all the major currencies, led by the Norwegian krone and euro. Emerging market currencies are also firmer. However, risk-appetites seem subdued. Even though most large bourses in Asia Pacific advanced but Japan and Hong Kong, European markets are nursing small losses and US futures are little changed. Benchmark 10-year yields are firmer with European yields 3 bp firmer and Italy’s premium over Germany slightly...
Read More »Dog Days
Overview: The dog days of August for the Northern Hemisphere are here and the capital markets are relatively subdued. Equities are firmer. The notable exceptions in Asia was China, Hong Kong, and Taiwan. The MSCI Asia Pacific Index has advanced for the last three weeks. Europe’s Stoxx 600 slipped almost 0.6% last week and has recouped most of it today. US futures are steady to firmer. The US 10-year yield is struggling to stay above 2.8%, while European benchmarks...
Read More »CME Group to Launch Euro-Denominated Bitcoin and Ether Futures on August 29
CME Group, the world’s leading derivatives marketplace, announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review. Designed to match their U.S. dollar-denominated counterparts, Bitcoin Euro and Ether Euro futures contracts will be sized at five bitcoin and 50 ether per contract. These new contracts will be cash-settled, based on the CME CF...
Read More »CME Group to Launch Euro-Denominated Bitcoin and Ether Futures
CME Group, the world’s leading derivatives marketplace, announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review. Designed to match their U.S. dollar-denominated counterparts, Bitcoin Euro and Ether Euro futures contracts will be sized at five bitcoin and 50 ether per contract. These new contracts will be cash-settled, based on the CME CF...
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