Japan nearly blew up global markets this week – here’s how it could happen again
“A carry trade is essentially just trying to benefit from a higher interest rate in one area, funding it out...
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Emerging Stocks Resume Drop on Tech Decline; Currencies Rebound – BNN Bloomberg
(Bloomberg) -- Equities in emerging markets resumed their decline after a two-day respite as Asian technology stocks continued to suffer....
All About ZiG, Zimbabwe’s Latest Shot at a Stable Currency – BNN Bloomberg
(Bloomberg) -- Zimbabwe’s sixth attempt in 15 years to establish a national currency is already running into trouble. The ZiG, short...
Swiss Franc Rally Is Supercharged by Search for Safe Havens – BNN Bloomberg
(Bloomberg) -- The wave of risk aversion that ripped through markets at the start of the week has supercharged the...
UK Property Surveyors Brace for Sales Surge After BOE Rate Cut – BNN Bloomberg
(Bloomberg) -- UK property surveyors expect a jump in home sales in the coming months after the Bank of England...
Wall Street slips after morning rally; some AI darlings drop
NEW YORK (AP) — U.S. stocks slumped Wednesday after a morning rally evaporated, but the losses on Wall Street weren’t...
African Central Banks Step in to Prop Up Slumping Currencies – BNN Bloomberg
(Bloomberg) -- African central banks are stepping up uncoordinated interventions in their markets to prop up their slumping currencies and...
Ethiopian Central Bank Sells Dollars at Special Auction – BNN Bloomberg
(Bloomberg) -- The National Bank of Ethiopia sold dollars to commercial lenders as it seeks to close the gap between...
UK House Prices Rise the Most Since January, Halifax Says – BNN Bloomberg
(Bloomberg) -- UK home prices resumed growth after a three-month lull, gaining at the strongest pace since January in a...
Carry Trade Out of Danger Zone But Watch Yuan, Citi Quants Say – BNN Bloomberg
(Bloomberg) -- China’s yuan is more at risk of being squeezed by the unwind of global carry trades as positioning...
