The Dollar Refuses to Die — Much to Everyone’s Annoyance
For most of the year, shorting the dollar has been the foreign-exchange world’s favourite pastime. In a $9.6 trillion-a-day market, that’s no small hobby. Yet...
Tag: Japan
The Great “Devaluation Trade”: When Safe Havens Aren’t So Safe, and Risk Isn’t So Risky
Beneath the daily whiplash of financial markets, a deeper shift may be underway. Investors are quietly rethinking what safety really means — and how to...
How to Lose Allies and Strengthen Rivals – The Washington Way
Still nursing the bruises from Donald Trump’s 50% tariffs, India has arrived at a fresh, bitter conclusion: the American president seems perfectly happy to rough...
Trump’s Tariff Tsunami: History Repeating, with a Bullhorn
President Donald Trump’s “reciprocal” tariffs are now officially in place—ushering in the highest practical import duties in over a century and delivering a thumping blow...
BOJ Rocks the Boat with a 17-Year Rate High
The Bank of Japan surprised the market by hiking its key interest rate to 0.5%, the highest level in 17 years, and adopting a notably...
Bank of Japan Hints at Possible Rate Hike Amid Unwavering Inflation Goals
The Bank of Japan (BoJ) has once again decided to keep its benchmark interest rate unchanged, clinging to the path toward its inflation target. This...
China is becoming a new “Japanese deflation case”
China’s economic woes deepen as deflation takes root, posing an urgent threat to the prospects of the world’s second-largest economy. Despite the government’s attempts to...
BOJ opens a new era
The Bank of Japan has ended the most aggressive monetary stimulus program in modern history, removing the last negative interest rate in the world and...
Oil and the Dollar, a Dangerous Mix for Global Growth
Can the global economy withstand a $100 per barrel oil price next year? Because a triple-digit price wouldn’t just mean higher energy prices but also...