Swiss Banks Curb China Travel After UBS Banker Arrested

Two major Swiss banks imposed restrictions on staff travel to China after a UBS employee was detained in the country, underscoring the challenges of doing business in a country which is a mecca for banks eager to capture and manage (for a generous fee) the fastest growing fortunes in the world, yet are challenged by a…

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Trader fatigue sets in but the the Sun always shines on TV

The stabilisation in equities on Friday helped calm FX carry as headlines around Brexit, and the Italian budget were more positive heading into the weekend. Newswires have been very friendly into the weekend. Bloomberg reported that Italy’s government might cut its 2019 deficit target to 2.15%. Remember, Italy PM Conte has said the government would…

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Sotheby’s Burned For $5 Million In Art Auction Fraud

A fine art consultant in New York and and an interior designer in Florida stole an elderly woman’s identity and used it to bid millions of dollars on famous paintings and defraud the renowned Sotheby’s auction house, federal prosecutors in Florida alleged in court filings. Both men involved have been charged with wire fraud conspiracy…

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One Bitcoin worth $600,000…

One Bitcoin worth $600,000… Bitcoin / Dollar BITSTAMP:BTCUSD JMAGlobalCapital From the very start of history, bitcoin             has be written off, this chart sums up the history behind the most valuable cryptocurrency.This charts states that bitcoin             could reach its ATH             in December 2019 and reach $600,000 in 2021. Between 2014 and 2016 it…

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Bolton Pushes Trump To Drop 1987 Treaty After Russia Unveils Advanced Nukes

US national security adviser John Bolton has advised President Trump to abandon the 1987 intermediate-range nuclear forces treaty with Russia after the Kremlin rolled out a nuclear-tipped cruise missile earlier this year in violation of the agreement. No wonder they needed all that uranium!  While the basis for Bolton’s recommendation is Russia’s new 9M729 ground-launched cruise…

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Daily Beast: “Dear God, Hillary Clinton. Please, Just Go.”

As fresh rumors swirl around a potential Hillary Clinton 2020 campaign, Democrats have a clear message for the twice-failed presidential candidate; you’re not helping, please go away, right now.  In an Op-Ed that can best be described as savage, the Daily Beast‘s Liz Mair makes the case that the “zombie” Clintons have risen from their political…

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