This past Friday was one of the busiest days of central bank news in a very long time. European Central Bank President Mario Draghi made a speech in which he left no doubt that action will be forthcoming to boost inflation if nothing changes in the near term. China cut it’s state mandated 1 year […]

The last four weeks have seen quite the run for Dollar bulls. The Bank of Japan expanded its asset purchase program by about 15% to 80tn Yen per year. The European Central Bank showed it’s solidarity on the aim to expand the balance sheet by 1tn Euros. Commodities continue to drag the respective EM and risky […]