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TOKYO – Last month, former US Treasury Secretary Lawrence Summers drew chuckles when he said the Federal Reserve’s next action might be to tighten, not ease, interest rates. Few bond traders are laughing now.
China’s property crisis is back in global headlines for all the wrong reasons as Asia’s biggest economy goes wobbly.
It was a double whammy for economic data enthusiasts.
Donald Trump still leads in most polls, and betting markets give him a better than even chance of winning the election this November. So it’s important to think about what his actual policies would be, and how these would affect the outcomes that Americans care about.
TOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere?
TOKYO — Analysts at Fitch Ratings have been a busy bunch in recent months warning of debt landmines in the two biggest economies.
The US dollar is emerging as a dominant force in 2024 currency markets, defying expectations of a decline after a period of relative strength.