EXMO affiliate program

Yen plays on the nerves of the White House

The "hawkish" rhetoric of the Fed representatives, the expectation of the publication of the minutes of the last FOMC meeting, the increase in the yield of US Treasury bonds and the increase of the probability of a monetary restriction in March to 22% were not particularly impressive for the "bears" for USD / JPY. The yen reacted rather nervously to the calls of US Treasury Secretary Steve Munchina to the IMF to carefully study issues related to competitive devaluation.

China expects GDP growth in 2017 at 6.5%, which is the worst indicator for the past 26 years.

As reported by the Russian service of the BBC, this forecast is contained in the plan for socio-economic development of the PRC for 2017.

Russia's economy is deteriorating in the direction of de-industrialization.

Since the beginning of 2014 in the Russian economy showed growth in all three sectors: mining, households (unincorporated family businesses, individual entrepreneurs, etc.), as well as agriculture, which helped food kontrsanktsii.

The Federal reserve system of the USA,

performing the function of the Central Bank may soon raise interest rates a Bank loan. This was at the hearings in Congress, said the fed chief Janet Yellen. She noted that  at the November meeting, the regulators recognized that arguments in favor of increasing rates to become more.

German carmaker Volkswagen AG plans to cut 30 thousand employees around the world,

including 23 thousand enterprises in Germany. The plan cuts agreed with the unions and will allow the auto giant to save € 3.7 billion annually until 2020. In exchange for the massive reduction of the company's management has pledged to create 9 million new jobs through the development of sector of electric cars and unmanned vehicles

The West wanted to harm Russia, and as a result suffered one Europe.

"Murphy's Law" in action: The West wanted to harm Russia, and as a result suffered one Europe. The specialists of the French Research Center in International Economics said that the losses caused as kontrsanktsii Moscow and EU sanctions.

The interventions of the central banks create prerequisites for the growth of BTC

After Brexit there is an increased likelihood of major interventions in the currency markets by the central banks around the world. This is a fundamental factor that will help Bitcoin move forward. Countries are already beginning to play in the strategy of "beggar thy neighbor", competing in the devaluation of its currency to gain a greater share of the world export market for the expense of others. While most central banks are doing it at the same time, we have to see how the value of Bitcoins will rise against major currencies in the long term.

India may become the largest economy in the world.

India has the potential to become the largest economy in the world, said chief operating officer of Facebook Sheryl Sandberg. Sandberg, who served as Director of Human Resources at the Ministry of the Treasury under President Bill Clinton, said that the Indian economy more than $ 2 trillion. It has the potential to create jobs and drive growth. "India has the potential to become the largest economy in the world. And if you look at the economic growth, especially in recent years, the workplace is very difficult situation in the world.