Investing in CurrenciesTurkish Lira’s Offshore Rates Jump as Carry Positions Unwind – BNN Bloomberg6 months ago(Bloomberg) -- The cost of borrowing Turkish liras overnight in the offshore market jumped on Thursday before a long weekend...
Investing in CurrenciesPimco Sees Value in Local EM Debt as Fed to Spark Yield Hunt – BNN Bloomberg6 months ago(Bloomberg) -- Local currency debt from emerging markets will provide the best returns for investors once the Federal Reserve begins...
CurrenciesStrong Dollar, Nvidia Suspense Keep Emerging Markets in Check – BNN Bloomberg6 months ago(Bloomberg) -- Most emerging-market currencies posted losses Wednesday amid concern the dollar’s recent selloff had gone too far. Stock investors...
Stock MarketChina’s stock woes: funds shun equities for bonds, ETFs, luxury homes in downbeat market6 months agoFour months after the State Council, China’s cabinet, unveiled a nine-point document aimed at restoring investors’ confidence and attracting long-term...
Investing in CurrenciesEmerging Currencies Jump to Record High Ahead of Jackson Hole – BNN Bloomberg6 months ago(Bloomberg) -- An index of emerging-market currencies climbed to a record high Monday as investor appetite for riskier assets grew...
CurrenciesIsraeli Shekel Slides, Volatility Jumps on Elusive Cease-Fire – BNN Bloomberg6 months ago(Bloomberg) -- Israel’s shekel slumped on Monday and the nation’s bond yields jumped to the highest since Aug. 1 as...
Investing in CurrenciesLongest Rally in 13 Years Takes S. Africa Rand to Best in World – BNN Bloomberg6 months ago(Bloomberg) -- South Africa’s rand is on a winning run not seen in 13 years. The ninth consecutive day of gains...
Investing in CurrenciesCarry Trade That Blew Up Markets Is Attracting Hedge Funds Again – BNN Bloomberg6 months ago(Bloomberg) -- A popular yen-centered carry trade that blew up spectacularly two weeks ago appears to be creeping back.Japan’s currency...
Investing in CurrenciesWhy Ethiopia Ended Half a Century of Currency Control – BNN Bloomberg6 months ago(Bloomberg) -- For the past half-century, Ethiopia tightly controlled the official value of its currency, the birr. That changed in...
Investing in CurrenciesAsian Currencies Race Ahead on Prospects Fed Will Ease Rates – BNN Bloomberg6 months ago(Bloomberg) -- Asian currencies continued to gain on predictions that the Federal Reserve will cut interest rates even as the...