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Olduvai III: Catacylsm
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Oil Producer’s Currencies Are Collapsing As Brent Breaks Below $40

Oil Producer’s Currencies Are Collapsing As Brent Breaks Below $40  Not helped by weakness in China trade data, questions over global growth and inflation expectations are growing. Oil-exporting nations  (and growth-linked currencies) are getting monkey-hammered… Just when traders thought the bottom was in… As Reuters notes, with lower oil prices likely to add to global deflationary […]

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Aussie Dollar Tests Long-Term Trendline As China Contagion Spreads

Aussie Dollar Tests Long-Term Trendline As China Contagion Spreads Last week, we asked “Is Australia the next Greece?” It appears, judging bu the collapse in the Aussie Dollar, that some – if not all – are starting to believe it’s possible after last night’s 15-month low in China Manufacturing PMI. As UBS previously noted, China’s real GDP growth cycles have […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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