| THE DAILY UPDATE Thursday 31 March 2022 |
| Markets overreacting to fears of Japanese yen intervention |
| By Mark Sobel |
| The Japanese yen’s recent depreciation against the dollar has elicited much market hand-wringing about how officialdom might respond and whether authorities could intervene to staunch the decline. But the foreign exchange market’s fretting seems overdone. There are good fundamental reasons for the yen’s depreciation. Trading in yen is orderly. There should be little... |
Digital SDR to enhance payment systems, The Bulletin: Bugs in the system
Thursday 3 October 2019 – Vol.10 Ed.40.3
By Bejoy Das Gupta and Miles Au Yeung
Cross-border payments are growing rapidly, propelled by services trade, demand from foreign investment flows and workers’ remittances, but remain costly, slow and opaque. Businesses and individuals are looking for faster, more convenient, transparent and inexpensive cross-border payment methods....
‘Japanification’ of monetary policy, OMFIF’s Summer Bulletin
Commentary: ‘Japanification’ of monetary policy
By Neil Williams in London
Rising populism, the exacerbation of economic inequality by quantitative easing, and calls for the reversal of globalisation point to a possible paradigm shift that could prove as forceful as the fall of communism in 1989 or even the establishment of the ‘new world order’ after 1945. Policy-makers appear ill-equipped to deal with this.
Their traditional reaction...
Jerome Powell
Darrell Delamaide on the Fed, David Marsh on the ECB, and more
THE WEEKEND REVIEW
Latest opinion and analysis from OMFIF around the world
8-12 July 2019, Vol.10 Ed.28
Jerome Powell
Market expectations test Fed mettle, Living in a world on fire
Commentary: Market expectations test Fed mettle
By Darrell Delamaide in Washington
All eyes will be on Federal Reserve Chair Jerome Powell when he goes to Capitol Hill this week for his twice-yearly testimony before Congress. The critical issue is whether a strong jobs report will prompt him to temper his dovish hints about cutting rates to sustain expansion. Fed funds futures still show a 100% chance of a quarter-point...
The Bulletin: Living in a world on fire
Summer 2019 Vol.10 Ed.3
Living in a world on fire:
Climate crisis requires action now
In 1992 Al Gore published Earth in the Balance, his first book on global warming. He wrote, ‘We can believe in the future and work to achieve it and preserve it, or we can whirl blindly on, behaving as if one day there will be no children to inherit our legacy.’ In the 27 years since its release, countless communiqués and reports have been issued promoting ‘sustainable’...
http://www.allaboutshipping.co.uk/2019/07/01/the-bulletin-living-in-a-world-on-fire/