Bond expert says Japan hikes could spark a decade of repatriation
The Bank of Japan could be forced into hiking rates sooner than expected if the Japanese yen weakens beyond 150 to the dollar, according to Bob Michele, global head of …
DXY US Dollar Currency Index
Apple raises iPhone 15 prices in China and India; cuts prices in U.K.
Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on September 12, 2023 in Cupertino, California. Justin Sullivan | Getty Images Apple hiked the …
UK economy contracts in July as mild recession looms
Empty tables in the rain outside an Italian restaurant near a closed down pub in central London, UK, on Tuesday, Aug. 16, 2022. The Office for National Statistics are due …
Currency intervention only necessary ‘if we see market failures’
This picture taken on August 23, 2022 shows a view of the exterior of the headquarters of the Bank of Israel, the country’s central bank, in Kiryat Ben-Gurion in Jerusalem. …
India oil minister Hardeep Singh Puri
Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of “de-dollarization” — or moving away from the U.S. dollar to settle …
China’s deflation could spill over into a global concern, economists say
SHENZHEN, CHINA – MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and …
Yen breaches 145 level against USD, raises expectations BOJ may intervene
Japanese yen and U.S. dollar banknotes are arranged for a photograph in Tokyo, Japan. The U.S. dollar pushed to a fresh two-decade high versus major peers on Thursday, propelled by …
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, …
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 …
Former Israeli Deputy Central Bank Governor Predicts Recession for Israel’s Economy in the Coming Year
Protesters attend a demonstration on Kaplan Street against the Israeli government’s plan to overhaul the justice system on July 11, 2023 in Tel Aviv, Israel. Noam Galai | Getty Images …