Market Update (9 februari 2015)

Kredietcrisis

World record debt of $199trn could drag economies into another crisis – study (Russia Today)

China’s Record Trade Surplus Highlights Weak Domestic Demand (Bloomberg)

US ‘not sustainable’ as global growth leader – Canada’s finance minister (Russia Today)

Russia could introduce price controls on food — report (Itar-Tass)

Valutacrisis

Moscow & Cairo to drop USD, use national currencies in bilateral trade – Putin (Russia Today)

SNB Has Room for Further Deposit Rate Cut, Jordan Says (Bloomberg)

SNB will be active in FX market if needed-Jordan (Reuters)

Greek finance minister: The euro will collapse if Greece exits (Business Insider)

Greenspan Sees Greek Exit From Euro as Just a Matter of Time (Bloomberg)

Currency Devaluations Are an Undeclared War (Bloomberg)

Geopolitiek

Ukraine Passes Law to Shoot Deserters (Newsweek)

NYT Still Pretends No Coup in Ukraine (Consortiumnews)

Is Putin Bent on Reshaping the World Order? (Bloomberg)

Sarkozy: Crimea cannot be blamed for joining Russia (Russia Today)

US May Hinder Breakthrough of Ukraine Reconciliation Talks in Moscow (Sputnik News)

BRICS

Putin says Russia will never succumb to unipolar world order (PressTV)

China signs deal with AU to connect Africa’s big cities (The AfricaReport)

Goud

Chinese farmer finds 7.85kg gold nugget worth $250,000 on the ground (Guardian)

Dubai Gold Jewelry Demand Higher After Slow Star to Year (Bloomberg)

Grafiek/Cartoon van de dag

Leningen op balans Griekse banken van steeds slechtere kwaliteit, aantal wanbetalingen neemt toe

Russische valuta- en goudreserves dalen snel door zwakke roebel

Gigantische goudklomp gevonden in China

Ondertussen in Oekraïne…. (lees meer)

Game theory!