japanese yen | The Property Chronicle

The bloodbath in bitcoin has only just begun

by Matein Khalid | Sep 20, 2017 | The Macro View

Jamie Dimon, the unanointed king of Wall Street and chief executive of New York banking colossus JP Morgan did not mince his words. He called bitcoin “a fraud”, a speculative bubble comparable to the Dutch tulip mania of the 17th century and declared he would fire any...

The bullish case for Japan’s undervalued stock market

by Matein Khalid | Sep 11, 2017 | The Macro View

The North Korea crisis has led to a 1000 point decline in the Nikkei. Japan is the cheapest developed world stock market in 2017. Any spasm of risk aversion leads to a rise in the Japanese yen and a correction in its Nikkei Dow averages lower. The Japanese stock...

What Trump’s political scandal means for investors

by Matein Khalid | May 22, 2017 | The Macro View

Image (c) iStockphoto The financial markets have finally cottoned on to the increasingly sordid political realities created by the Trump White House. Trump could well be impeached for obstruction of justice if he tried to pressure FBI Director James Comey to drop an...

The latest on oil and gas shares

by Matein Khalid | May 16, 2017 | The Macro View

The 11% fall in the price of crude oil in the past month on panic selling in the energy futures pits of New York, London and Singapore has unnerved the world’s leading oil and gas exporters. Saudi Arabia will both extend last November’s OPEC output deal beyond and...

What next for G-10 currencies and crude oil?

by Matein Khalid | May 6, 2017 | The Macro View

The euro, the French stock market, OAT-German debt interest rates spreads, the Volatility Index (VIX) and the ghosts of Vichy, Oradour and Algérie française convince me that Emmanuel Macron will be the next President of France on Sunday. So I see no reason to abandon...