Quantitative easing cannot manufacture real demand. But it can cause stock and bond prices to rise, and the newly printed money makes it way into the capital markets.

The gold price drop is more a temporary result of the stratospheric rise of the dollar against other currencies rather than a lack of appeal from the yellow metal. But as I warned last week, I have no idea when this will reverse.

The cash that hedge funds, institutions and money managers raised – money from the yen and euro carry trade as well as money from the sale of assets during the first few weeks of October.

A new index redefines what's Israeli; results from Bermuda and Colombia; news from all over the globe; and - salmon.

“Whatever it takes”, Mario Draghi's agenda for the European Central Bank (which he heads) to act against the risk of a deflationary spiral into depression, today was defined further as the ECB slashed interest rates to 0.05%.

Adding currency exposure – at least in the form of a carry trade product – can improve risk-adjusted returns compared to other alternative investments.