It's Over: China's Currency Has Never Done Th...

It's FOMC decision day. The data says do nothing. Flat curves say mistake. The inflation data doesn't say what hawks think it does. Do policymakers send a message and Trichet themselves? What about the dots? Where do rates go? 

A relatively small German cooperative bank is receiving a financial rescue, a bail out, worth as much. The bank, Volksbank Brawo, had €6.5 billion in total assets at the end of last year. It's support package is equivalent to roughly one-ninth of the entire bank. But Brawo isn’t ...  Show more

In today's episode, Weston Nakamura explains the recent price action of the world's worst performing currencies in 2023: the Japanese yen's sudden surge as options on futures expire and crowded positions close, and the Chinese yuan in crisis mode as the authorities continue to ur ...  Show more

Send us Fan MailChina rate cut unable to lift market mood as doubts grow about economy. Wall Street futures struggle ahead of Powell testimony, dollar drifts sideways. Yen’s freefall pauses, pound softer ahead of CPI data, aussie slides on RBA minutes. Risk Warning: Our services ...  Show more

Send us Fan MailEuro hits 17-month high before ECB’s Visco knocks it lower. Bruised dollar sets sights on US retail sales as Treasury yields resume slide. Equities mixed despite China’s aim to boost consumption; earnings awaited.Risk Warning: Our services involve a significant ri ...  Show more

Send us Fan MailWall Street bounces back as shutdown could end by Wednesday. But freshjitters as China considers new rare earth export curbs. Pound slips afterjobs data, yen remains under pressure. Risk Warning: Our services involve a significant risk and can result in the loss o ...  Show more