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Market Talk – December 8, 2020

ASIA: Asian economies – including India, China, Singapore and Indonesia – are set to brush aside the COVID-19 pandemic’s impact and would enter the ‘Goldilocks’ phase in 2021, as per a Morgan Stanley research. Goldilocks economy — not too much deflation, not too much inflation — sustains moderate economic growth. In other words, that is […] read more

Market Talk – November 19, 2019

ASIA: China and South Korea entered into a defense agreement that could dent South Korea’s relationships with the US and Japan. The agreement will work on developing security ties and ensuring stability in the region. This comes about after China accused the US of meddling with affairs in the region. Recently US President Donald Trump […] read more


Monetary History of Sicily Akragas Akragas, modern day Agrigento (to the Romans Agrigentum), according to legend, was founded by Daedalus and grew to become a wealthy and powerful state on the southern coast of Sicily. These colonists from Gela became very prosperous and the city was famous for its lavish lifestyle. Part of the great […] read more

Market Talk- February 9, 2018

Another weak session for Asia, but following the US close that was never going to be a surprise! All core traded heavy throughpout the day but China’s Shanghai index lost most reflecting a 4.05% decline. Financials, insurers and real-estate were pretty much to blame, but we can not rule out todays data release. Although the […] read more

ECB Claims South is Richer than North = No Bailouts

The ECB has made a study a few days ago claiming that those in Southern Europe are richer than those in Germany to support the view that no more bailouts will take place of banks. The ECB now claims that Cypriots are more wealthy than the Germans. The average assets of a German household is just […] read more

Market Talk – March 25, 2019

Asia: Little in the way of news from Asia. China promises wider financial access for foreign investors as US-China trade war talks enter a crucial stage. In an announcement to the UN in Geneva, Japan’s ambassador said his country has not developed fully autonomous weapons systems and has no plans to do so. Most of […] read more

Market Talk – June 7, 2021

ASIA: China bought fewer American products in May versus the prior month, while exports to the U.S. rose, according to customs data released Monday. China bought $13.11 billion dollars worth of goods from the U.S. in May, down from $13.94 billion in April, data accessed through Wind Information showed. May’s figure marked the lowest monthly […] read more

Market Talk – September 21, 2020

ASIA: ByteDance and Oracle Corp issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue to operate in the United States. ByteDance said on Monday that it would own 80% of TikTok Global, a newly created US company that will […] read more

Market Talk – October 13, 2021

ASIA: India’s economy, which contracted by 7.3 percent due to the Covid-19 pandemic, is expected to grow by 9.5 percent in 2021 and 8.5 percent in 2022, according to latest projections released by the International Monetary Fund on Tuesday. India’s growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World […] read more

Market Talk – January 26, 2021

ASIA: The IMF expects the US and China to be by far the most successful at steering their economies through the pandemic, leaving Europe and other emerging markets trailing in their wake. In its updated forecasts for the global economy, the fund predicts that by 2022 recoveries in the US and China will leave their […] read more