Saxo Bank

China’s Move to Overthrow the Dollar: Will It Be a Success?

China’s Move to Overthrow the Dollar: Will It Be a Success? China is known as one of the fastest-growing major economies worldwide. Despite this, its currency is barely used in the global market, placing it just next to pound, euro, and yen. This year, the long-held desire of China to overthrow its competitors will likely get a boost. At present, China is considered to be the largest importer of oil…


AT&T: The Real Risk For Stock Investors

AT&T: The Real Risk For Stock Investors By Richard Cox Valuations in AT&T are now trading within striking distance of the 2015 lows. Heightened competition in mobile and diminishing demand for traditional cable services have only been exacerbated by the building concerns over the viability of potential deals in acquiring Time Warner. We believe the real risk here is that investors are so heavily positioned for a bullish outcome that…


Stock Market Rallies Continue Setting New Records

Stock Market Rallies Continue Setting New Records By Richard Cox Stock markets have resumed their rallies after the summer sluggishness. The SPDR S&P 500 Trust could continue to benefit on multiple fronts. Donald Trump’s pro-growth agenda could get another shot in the arm once his Federal Reserve selections are finalized. Stocks are once again moving higher as markets have resumed their rallies after the summer period that was characterized by…