Hints and tips:
Related Special Reports
...The moves came after S&P Global’s flash purchasing managers’ index for manufacturing fell to 49.9 in April, down from 51.9 in March and below economists’ forecast for a slight rise to 52....
...The dollar strengthened against all major Asian currencies, with the Korean won weakening as much as 0.5 per cent to Won1,329.52....
...Unlike the US, Britain — a self-proclaimed “hub for digital assets” — doesn’t let its citizens buy spot bitcoin ETFs, even if exchange traded notes for professional investors are on the way....
...Economists polled by Reuters predict the UK’s composite purchasing managers’ index to come in at 52.7, a slight decline from last month’s reading of 52.8. Stephanie Stacey...
...The S&P purchasing manager’s index, a measure of activity in the private sector, rose to 53.3 in February, up from 52.9 in January and the highest since May 2023....
...Major Asian currencies strengthened against the dollar, with the yen leading the pack, gaining 0.5 per cent to trade at ¥150.52 a dollar....
...His claim is worth $52,000....
...The dollar hit a one-month high as traders slashed expectations for a March interest rate cut in the US....
...There is also some limited trade denominated in local currencies to avoid Ukraine-related US trade and financial sanctions....
...Today ethereum accounts for 17 per cent while bitcoin’s share has expanded to 52 per cent....
...Meanwhile, US diesel futures rose 3.6 per cent for their largest daily rise in a month. In currencies, the greenback fell 0.2 per cent as the pound, euro, and Canadian dollar strengthened....
...The tax exile built his reputation as a currency speculator when he, like George Soros, bet against the pound in the build-up to Black Wednesday in 1992....
...Add in $140bn of US investment-grade debt issuance in the year to date, the highest run-rate on record, and credit spreads at the lowest levels in 15 years....
...The moves came after S&P Global’s flash US Composite PMI index, a measure of manufacturing and service activity, fell to 50.4 in August from 52 in July, its largest decline since November....
...“The shift towards digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said Dan Schulman, chief executive of PayPal....
...Organic constant currency revenue declined by 6 per cent in the 12 months to September, reflecting “reduced client activity in a challenging market environment”....
...The Caixin services purchasing managers’ index rose to 54.1, well above the forecast 52.4....
...“Dollar long positions are evaporating rapidly, with [producer price] numbers all but confirming the disinflationary narrative in the US,” said Francesco Pesole, currency analyst at ING....
...The rise came after a closely watched business survey pointed to slower than expected growth in the US in July....
...US dollars....
...When Sri Lanka compiled a comprehensive account of bilateral creditors in 2022, CDB lending was initially included in the bilateral debt stock, putting China at 52 per cent of the total....
...The country has few economic ties with the US and is running dangerously low on foreign currency reserves. Eurnekian called dollarisation a “simplification” of Argentina’s problems....
...A rise in bets on sterling follows a bumpy ride for the UK currency in recent weeks....
...The US dollar index rose 0.3 per cent against a basket of six other currencies....
...Its gross national savings peaked at 52 per cent of GDP in 2008. It was still at 44 per cent in 2019, before Covid hit....
International Edition