Hints and tips:
...According to latest data from capital markets data provider PitchBook, the first quarter of this year saw 485 deals worth $2.5bn, a big upswing from the 341 deals worth under $2bn in the fourth quarter of...
...In currency markets, the strong retail sales figures boosted the US dollar index, which tracks the world’s dominant currency against six international peers....
...Roger W Kirby Millbrook, NY, US...
...The dollar’s latest move against the yen followed stronger-than-expected data for US inflation in March, which pushed out market expectations for the timing of US interest rate cuts and sent bond yields...
...We saw that clearly earlier in April as an elevated US dollar, driven to a six-month high against a basket of other currencies by a repricing of US interest rates, exposed pockets of currency stress in Asia...
...The chief purpose of the intervention, said currency analysts, was not just to push the yen higher, but to encourage investors to ditch bearish bets that had been placed against the Japanese currency in...
...Today’s top stories US inflation rose more than expected to 2.7 per cent in March, according to the measure used as a target by the Federal Reserve. The “core” measure remained stuck at 2.8 per cent....
...Currency weakness outside the US is not straightforwardly bad. It can, for example, help exports. Ironically, Japan spent years in the past two decades trying to push the yen down, not up....
...Read our full range of US High School economics picks here....
...Egypt secured a deal to more than double its IMF bailout to $8bn after the country allowed its currency to drop to a record low against the US dollar, unlocking support to avert its worst economic crisis...
...a strong dollar and expectations of a delay in US rate cuts....
...The pound climbed 0.6 per cent to a seven-month high of $1.2893 against the US currency on Friday, before paring gains to end the week at $1.2857....
...The European Fund and Asset Management Association said that around 40 per cent of daily foreign exchange deals would be shut out of the main platform for reconciling currency trades when the US moves from...
...“The BoI did a pretty good job defending levels beyond 4.00 per US dollar and the disclosure of central bank FX [currency] intervention firepower managed to suppress speculative short shekel flows,” said...
...The IMF last week raised its US growth projection for 2024 to 2.1 per cent, up from a previous forecast in October of 1.5 per cent....
...The proposals outlined by US regulators in July would require banks to hold an extra $2 of capital for every $100 of risk-weighted assets....
...There is also some limited trade denominated in local currencies to avoid Ukraine-related US trade and financial sanctions....
...The department also imposed sanctions on Buy Cash, a Gaza-based virtual currency exchange, as well as its operator....
...US gold futures added as much as 1.2 per cent in early Asian trading, before paring gains to be up about 1 per cent at $1,847.30 per troy ounce....
...The moves on Thursday came after the latest US inflation reading showed prices rose at an annual rate of 3.2 per cent in July, marginally below the 3.3 per cent expected....
...The spread — or gap — between yields on benchmark Italian debt and that of Germany was 2.01 percentage points on Monday, breaching the key level of 2 percentage points....
...BlockFi 2 November 2022:https://twitter.com/BlockFi/status/1587829219622588417 28 November 2022:https://twitter.com/BlockFi/status/1597253469374910466 SALT Lending 6 September 2022: Bnk To The Future...
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