China State Banks Step Up Dollar Sales To Support Renminbi

China State Banks Step Up Dollar Sales To Support Renminbi

China’s state banks stepped up selling of the dollar on Monday, supporting the renminbi versus...

Fed Rate Hikes Approaching The "Breaking Point”: Lance Roberts

Fed rate hikes are approaching the breaking point as cracks appear in the financial underpinnings...

Mohamed El-Erian Says It’s Getting Harder To Justify Independent Fed: Bloomberg

Allianz SE chief economic adviser Mohamed El-Erian says on Twitter that an independent Federal Reserve...

The Inflation Problem Can’t Be Solved Without Withdrawing Liquidity From the Financial System

Therein lies the dilemma. If the Fed runs down the SOMA portfolio too much, they...

‘Bad Situation’: Soaring US Dollar Spreads Pain Worldwide: WaPo

“A strong dollar makes a bad situation worse in the rest of the world,’’ says...

Japan Repeats Warnings on Yen As Market Watches for Intervention

Finance Minister Shunichi Suzuki warned on Tuesday that Japan would take appropriate and decisive action...

Funding Worries Are Hitting Some Banks More Than Others: WSJ

Earnings have revealed a divide between lenders on deposit pressures, though maybe not as much...

Foreign Banks Amass Reserves at the Fed, Bracing for Funding Stress

Foreign bank units have been accumulating cash reserves at the Federal Reserve, likely reflecting concerns...

Xi Jinping Lays Out Vision of Fortress China Against Tense Rivalry With the U.S.

The Chinese leader’s speech reflects obsession with external threats and Taiwan “reunification”...

Gold Steady With Focus on Rates Outlook and Risks of Recession

Gold fluctuated between gains and losses as investors weighed the increasing risk of a global...

A Reason for Bullishness: Robust Demand for Physical Gold

Although gold has been one of the best-performing assets in 2022, it has faced significant...

Mark Mobius Warns US Interest Rates Will Hit 9% If Inflation Persists

The Federal Reserve’s fight against inflation has veteran fund manager Mark Mobius warning that interest...

Need help?

Please use the contact form to get support.