Oodles Soup

  A meeting taking place via conference call. 3 men and 2 women are sitting around a round table and talking to a client.  Man 1: …and if we move onto page 347 of your client report, you’ll see that by using various media channels, we’ll be able to boost sales and production. Woman: Exactly,…

Bitcoin booms while banks fall flat

Bitcoin continues to defy expectation. It recently reached and passed a milestone, that of the $10,000 mark, an incredible feat considering it was worth less than £1,000 at the start of 2017. Nobody can quite agree as to why it’s so strong, but a parallel to its soar in value is its huge popularity in…

South Korea powers ahead

South Korea is taking everything in its stride, including the threat of war. While the Pyongyang’s latest missile test landed somewhere in the Sea of Japan, the Bank of Korea (BOK) raised interest rates for the first time since 2011 as the economy exceeded even the highest of expectations. 3rd quarter figures show GDP growing…

Saudi sell-off puts a lot at stake

Oil is getting more expensive. The price of crude recently jumped after OPEC agreed to extend the production initially agreed in November 2016. Having fallen to $29.64 dpb (dollars per barrel) in January 2016, it now looks settled at round about $50-60. It’s vital for the global economy that the price of oil settle. Since…

2018: The Year of the Fintech

The UK is the best place to do business in the world, according to Forbes. It ranked particularly highly for technological readiness (4th) and the size and education of its workforce (3rd). Another list came out a week before the Forbes one, this time naming the UK as the world’s most popular start-up destination, according…

China’s new Silk Road

China’s economic boom has had severe consequences for US and European industry, leaving policymakers scratching their head as how to fight back. Now Beijing is trying to catch the West out again with the Belt and Road Initiative (BRI). If they succeed, global economic power could permanently shift eastward. On the face of it, the…

What now for globalisation?

Globalisation isn’t new. In fact, it’s a relatively old idea and one that’s been tried a couple of times before. The 1st globalist wave began in 1870, as a result of the Industrial Revolution and the Opium Wars, and ended in 1914. It was shaped by the European imperial powers, particularly Britain. WWI destroyed it,…

A (very) brief look at contrarian trading

One of the most exciting trading strategies is contrarian. Contrarian Trading, as the name suggests, is when you think market sentiment is wrong. For example, if a vast majority of the market is bullish on the euro then a contrarian would invest thinking it will plummet. Contrarian trading can be very profitable if you do…