The ECB shows over the last years, that it is really a special centralbank … following the footsteps of the German Bundesbank, now an affiliate of the ECB. The ECB is now the last “one” standing … the only one on the planet you can trust … what a difference to the BoE or even [...]
China is about to allow Chinese domestic institutions to buy shares (after Hongkong) in London and New York as well … A good move as it will diversify their retirement savings and at the same time makes the Yuan more tradeable and opens up the capital market … only Problem … it is a stream [...]
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