USDollar

Trump’s unsound dollar intervention idea, Are financial services prepared for a no-deal Brexit?

Trump’s unsound dollar intervention idea, Are financial services prepared for a no-deal Brexit?

Commentary: Trump’s unsound dollar intervention idea

By Mark Sobel in Washington

Markets are abuzz with rumours President Donald Trump will order the US Treasury to intervene in foreign exchange markets to weaken the dollar. On neither economic nor operational grounds is there a good case for intervention. The Trump administration has ramped up currency market aggression, constantly – and wrongly –...

http://www.allaboutshipping.co.uk/2019/07/17/trumps-unsound-dollar-intervention-idea-are-financial-services-prepared-for-a-no-deal-brexit/

Daily Overview of Global Markets & the SEE Region (Wednesday, 17 July, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, 17 July, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:  Asian bourses performed quite poorly overnight and European equity markets opened in the red earlier today, as investors await more earnings reports from US corporates and renewed trade uncertainty hurts market sentiment. Turning to fixed income markets, US Treasuries were little changed on the day following yesterday’s mixed US data releases. Retail sales...

http://www.allaboutshipping.co.uk/2019/07/17/daily-overview-of-global-markets-the-see-region-wednesday-17-july-2019/

Daily Overview of Global Markets & the SEE Region (Thursday, November 15 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: UK Prime Minister announced yesterday the Cabinet’s approval for the tentative agreement reached with EU27 on the terms of the Brexit divorce. This is expected to open the way for an extraordinary EU Council meeting in late November for a final agreement on the deal.   With the cabinet approval out of the way, the next hurdle for the UK Prime Minister is whether she can pass the deal through the UK parliament. Adding to lingering...

http://www.allaboutshipping.co.uk/2018/11/15/daily-overview-of-global-markets-the-see-region-thursday-november-15-2018/

Decision time for US deficit, OMFIF-IBM Central bank digital currency report

Commentary: Decision time for US deficit

By Seema Shah in London

US President Donald Trump must choose between a larger budget deficit or a smaller trade deficit. The US has so far managed to run up its debt without alarming the markets, thanks to the dollar’s unchallenged role as the world’s primary reserve currency.

However, there are concerns the economy is starting to overheat. In the wake of stronger than expected employment data and non-manufacturing sector activity, 10-year Treasury...

http://www.allaboutshipping.co.uk/2018/10/29/decision-time-for-us-deficit-omfif-ibm-central-bank-digital-currency-report/

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