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The International Monetary Fund could add the Chinese renminbi to a very important basket of currencies. The U.S. needs to be a part of the related discussion.
06/23/15 - 01:39 PM EDT
In highlights from this week's trading diary and posts, Kass discusses the ongoing Greek debacle, why Airbnb's valuation is full of hot air, and what the Fed's inaction really meant.
06/19/15 - 09:00 PM EDT
Investors in Chinese stocks may have been disappointed by MSCI's decision this week to delay the inclusion of that nation's A-shares in its indexes. But the sting won't last long.
06/11/15 - 03:12 PM EDT
Despite shelling out an estimated $2.5 billion in penalties over foreign-exchange manipulation, Citigroup says it took in just $1 million in illegal gains.
06/11/15 - 10:28 AM EDT
Major reserve currencies all seem to have weakened relative to the Chinese renminbi. If countries don't change how they do business, the Chinese currency is going to become stronger
06/10/15 - 10:57 AM EDT
Here are some guidelines on how to capitalize on the volatility in Treasurys, oil, gold and U.S.dollar.
06/01/15 - 08:54 AM EDT
The Chinese focus on longer-term results and their plans to attain reserve currency status for the renminbi seem to be succeeding, an event that may change world markets.
05/29/15 - 01:44 PM EDT
Despite continued worries over Greece, Europe's economy is starting to recover -- and stocks there are rallying as a result
05/28/15 - 05:43 PM EDT
Stocks slump on Tuesday as crude oil struggles to hold onto a level above $58 a barrel.
05/26/15 - 03:12 PM EDT
The fines follow a currency-rigging probe that lasted almost two years, and the U.S. Attorney General promised to keep prosecuting all those 'who tilt the economic system in their favor.'
05/20/15 - 02:59 PM EDT
Simon Smith, chief economist at FXPro, says Tuesday's surprising report that U.K. inflation has turned negative means the Bank of England will refrain from raising interest rates into 2016.
05/19/15 - 12:03 PM EDT
The two biggest stock exchanges in the United States have taken an interest in Bitcoin, and it may be time investors start paying attention.
05/18/15 - 11:19 AM EDT