Market Update (9 januari 2015)

Kredietcrisis

China bulls refuse to back down as market skyrockets (CNN Money)

Russian Debt Safer Than U.S.? So Says China Rating House Dagong (Bloomberg)

Fitch Expected to Lower Russia’s Credit Rating from BBB to BBB- (Sputnik News)

Russian Stocks Rally as Goldman Touts Sberbank; Ruble Advances (Bloomberg)

World Bank sees slower track for global trade growth (South China Morning Post)

Most Americans Don’t Have Savings to Pay Unexpected Bill (Wall Street Journal)

Valutacrisis

Russian Roulette and the Monetary Policy Bullet (Foreign Policy)

Investors put €1.2tn into negative havens (Financial Times)

Centrale bank Zwitserland zet geldpers opnieuw aan (Hollandgold)

“The Entire Theory Of Monetarism Is Coming Undone In Spectacular And Empirical Fashion” (Zero Hedge)

Geopolitiek

Chinese media slams the West’s hypocrisy in CharlieHebdo reaction (BRICS Post)

U.S. forces ‘building pressure’ on Islamic State: military chief (Reuters)

Situation in Ukraine ‘nearing humanitarian catastrophe’ – Amnesty Intl (Russia Today)

How OPEC Weaponized the Price of Oil Against U.S. Drillers (Bloomberg)

Ron Paul on Paris attack: Bad foreign policy ‘invites retaliation’ (Breitbart)

BRICS

New Asian bank to go into operation by year end (Xinhua)

China to Boost Cooperation with North Korea in 2015: Foreign Ministry (Sputnik News)

The BRICs Will Be Cut to the ICs if Brazil and Russia Don’t Shape Up, Warns Phrasemaker O’Neill (Bloomberg)

Goud

WGC overstating Turkish gold reserves (Goldchat)

How Oil’s Fall Affects Gold (

Grafiek/Cartoon van de dag

New York Times gaat de mist in: Kirgizië word Kyrzbekistan. Dat zorgt voor verschillende hilarische tweets…

just remembered the time a presidential candidate talked about the country “Ubeki-beki-beki-beki-stan-stan”, and lol https://t.co/JgNLXAACZA

— Matt English (@matttomic) December 6, 2014

Wonders whether Sarah Palin can see #Kyrzbekistan from her house too. #nytimes

— mdtoorder (@mdtoorder) January 9, 2015