The Corellian Academy’s Post

Markets are moving already and this week could be a monster 🤷🏽♀️🤯💣️😭 Eurozone could come under increasing pressure so lets take a look at what our head of strategy Mo had to say about the prospects for EURO on last nights 'Edge' webinar #TradingStrategy #Eurozone #LearnToTrade

🚢🌊 The Admiral Bot & Seven Oceans Discord Server keep you updated with top-tier news, markets, crypto, gaming, and more! Plus, our Admiral bot skillfully summarizes Discord Channel chats for you. Dive into the latest highlights: - 🔥 Kim Jong-un steps up military focus with a visit to an ICBM base. #NorthKorea - 💸 Record $50M fine for American Airlines over disabled passenger mistreatment. #Aviation - 🚀 LeBron & Bronny James make NBA history as a father-son duo! #NBA - 📈 $BTC derivatives expiry looms with $4.17B at stake. #Bitcoin #Crypto - 📰 Ukraine urges North Korean soldiers sent by Russia to surrender. #Ukraine #Russia - 🤖 Tesla eyes Cybercab self-driving tests in Palo Alto. #Tesla #AutonomousTech - 🚨 Trump accuses UK Labour Party of election bias. #Election2024 - 📰 BRICS summit launches with a new investment initiative from Putin. #BRICS - 🔥 Iran's President attends the BRICS summit, hinting at key discussions. #Iran #BRICS - 🚨 U.S. confronts Israeli claims on a Hezbollah-linked site beneath a Beirut hospital. #MiddleEast - 📰 Tristan Tate challenges Romania's legal delays amidst innocence claims. #LegalMatters - 🚨 U.S. confirms North Korean troop presence in Russia. #Geopolitics - 🔥 Journalists criticize IDF for location-sharing safety risks. #MediaEthics Join the conversation and never miss an update! 🌐💬 Be part of this enriching journey on the Seven Oceans Discord Server: https://lnkd.in/esUPeDc7 #JoinTheCommunity #DiscordNews

💶 The Eurozone: Navigating Challenges and Seizing Opportunities in a Unified Currency System The Eurozone represents one of the most ambitious economic experiments in modern history, but it’s not without its challenges. From economic divergence to sovereign debt crises, the road has been rocky. Yet, the opportunities for enhanced integration, global influence, and innovation are vast. 🌍 In my latest Medium article, I dive into the complexities of the Eurozone’s unified currency system and explore how it can navigate these challenges to achieve long-term success. #Eurozone #Economics #GlobalEconomy #EuropeanUnion #Currency #MonetaryPolicy #FiscalPolicy #Innovation #Sustainability #EconomicIntegration #LinkedInInsights #FinancialMarkets #Euro

13 June 2024 YUAN HAS OVERCOME U.S. DOLLAR ON RUSSIAN MOEX Following U.S. sanctions against Russia, "exchange trading and settlements of deliverable instruments in U.S. dollars and euros are suspended" on its leading financial marketplace, the Moscow Exchange, Russia's central bank said. Companies and individuals can continue to buy and sell U.S. dollars and euros through Russian banks, but someone at a large, non-sanctioned Russian commodities exporter told Reuters: "We don't care, we have yuan. Getting dollars and euros in Russia is practically impossible." As a result of closer trades and political ties between Moscow and Beijing, Chinese yuan has overcome the dollar on MOEX becoming the most traded currency, accounting for 53.6% of all foreign currencies traded in May. Dollar-rouble trading volume on MOEX is around 1 billion roubles ($11 million) a day, according to LSEG data, while euro-rouble trading stands around 300 million roubles daily, and yuan-rouble trading daily volume regularly tops 8 billion roubles. #economy #markets #financialmarkets #usa #russia #china #dollar #usdollar #euro #sanctions #banks #moex #ruble #yuan #moscow #beijing #currencies #ukraine #dedollarization

Kerry Lutz and Yvonne Blaszczyk, explore the future potential of gold as a currency, emphasizing the need for international coordination and the impact of central bank buying on this trend. They highlight the fragility of the current financial system and advocate for gold as a means of wealth preservation amidst geopolitical turmoil and evolving trade alliances. Their discussion touches on the implications for countries like China and Russia and the challenges associated with transitioning to gold-backed currencies in the global economy. They stress the importance of understanding the system's vulnerabilities, avoiding herd mentality, and strategic planning in anticipation of potential economic collapse, drawing parallels to the Titanic. #china #gold #currency #geopolitics https://lnkd.in/g2CVSZCe

The Secret History of World Reserve Currencies Revealed #cos #conventionofstates #conventionofstatesnow #brettonwoodsagreement FULL VIDEO: https://lnkd.in/d5-g24qV Follow us: https://lnkd.in/dgdVVveY https://lnkd.in/dS2CRBBN Discover how countries attain and lose world reserve currency status through military and economic power. Learn about the Bretton Woods agreement and its impact on global finance. #WorldReserveCurrencies #BrettonWoodsAgreement #GlobalFinance #EconomicPower #MilitaryPower #CurrencyHistory #FinancialSystem #InternationalEconomics #MonetaryPolicy #GlobalCurrency

🪆📉 The Rouble Trap of 1998 Russia's 1998 financial collapse is a stark reminder of the risks in emerging markets. Here’s what happened: 🪆 High-Yield GKOs: Russia’s short-term bonds promised huge returns but masked fiscal fragility. 🪆 Commodity Dependence: Falling oil prices crippled an economy reliant on energy exports. 🪆 Currency Peg Collapse: The rouble’s peg to the U.S. dollar drained reserves and became unsustainable. 🪆 The Crash: Capital flight and fiscal strain led to rouble devaluation and a default on domestic debt. The Fallout: 🪆 Investor Losses: Billions wiped out, shaking global confidence in emerging markets. 🪆 Economic Instability: Inflation surged, though devaluation eventually boosted exports. 🪆 Contagion Effect: The crisis rippled across global financial markets. 💡 Lesson: High yields carry hidden risks. Overreliance on commodities and rigid currency policies can spell disaster for economies and investors alike. #RoubleTrap #FinancialCrisis #Russia1998 #EmergingMarkets #InvestorLessons