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flash crash

Does The Flash Crash In Sterling Prove China’s Absence All Relating To The Precarious State of ‘Dollars’?

By |2016-10-07T11:29:57-04:00October 7th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

On January 10, the South African rand crashed about 9% in just a matter of minutes. It was the largest move for the currency since October 2008, an ominous yet poignant sign of just how bad everything was globally at that time. CNY had been pummeled up until the PBOC acted but a few days before. Even though the world [...]

The Pressure Builds

By |2016-05-31T12:05:48-04:00May 31st, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

Two weeks ago, Chinese stock futures traded in Hong Kong flash crashed. Between 2:14pm and 2:16pm local time on May 17, the Hang Seng China Enterprises Index suddenly liquidated due to an intense burst of sell orders that crashed through the whole of the futures market depth. At the start, the index was trading at around +1% but fell to [...]

Down The Rabbit Hole

By |2015-04-26T20:37:25-04:00April 26th, 2015|Commodities, Currencies, Economy, Markets, Stocks|

When logic and proportion have fallen sloppy dead And the white knight is talking backwards And the red queen's off with her head... Grace Slick, White Rabbit 'Twas brilling, and the slithy toves Did gyre and gimble in the wabe: All mimsy were the borogoves, And the mome raths ougrabe Lewis Carrol, Jabberwocky   For those of a certain age [...]

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