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Currency markets

Argentina devalues its currency, jacks up interest rates

by Adrian Jhonsan
Argentina devalues its currency, jacks up interest rates

Argentine far-right libertarian economist and presidential candidate Javier Milei celebrates the results of the primary elections with his sister Karina Milei at his headquarters in Buenos Aires on August 13, …

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Categories World

Russian ruble slumps to near 17-month low, moves past 100 against the dollar

by Adrian Jhonsan
Russian ruble slumps to near 17-month low, moves past 100 against the dollar

This pool image distributed by Sputnik agency shows Russian President Vladimir Putin meeting with the Tver region governor at the Kremlin in Moscow on August 9, 2023. Mikhail Klimentyev | …

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Categories World

ASEAN advances towards economic unity with the introduction of a new regional payments system

by Adrian Jhonsan
ASEAN advances towards economic unity with the introduction of a new regional payments system

Presiden Indonesia, Joko Widodo, memberikan pidato pada Pertemuan Menteri Luar Negeri Asosiasi Negara-Negara Asia Tenggara (ASEAN) di Jakarta, Indonesia pada 14 Juli 2023. Sistem pembayaran lintas batas baru-baru ini diterapkan …

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Categories World

Replacing Gold Exposure With Cryptocurrency Could Prove to be a Costly Error

by Adrian Jhonsan
Replacing Gold Exposure With Cryptocurrency Could Prove to be a Costly Error

Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes cryptocurrency is no substitute for …

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Categories World

What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

by Adrian Jhonsan
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …

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Categories World

Analyst suggests Japan’s BOJ has had a miscalculated approach towards inflation

by Adrian Jhonsan
Analyst suggests Japan’s BOJ has had a miscalculated approach towards inflation

Bank of Japan Governor Kazuo Ueda arrives to conduct an interview with a small group of journalists in Tokyo on May 25, 2023. Richard A. Brooks | AFP | Getty …

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Categories World

Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations

by Adrian Jhonsan
Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations

Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank on …

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Categories World

The Benefits of Limiting International Market Exposure for Investors

by Adrian Jhonsan
The Benefits of Limiting International Market Exposure for Investors

Investors may want to reduce international exposure right now and stick with the home court. According to Main Management CEO Kim Arthur, global markets will meaningfully struggle due to the …

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Categories World
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