Well.... apart from the market noise I don't see the US$ recovering any time soon. There is a concerted effort to inflate away some government debt, there is a global loss of faith in the US government ... that is why the bond yields are up. ...

Week Ahead: Stable Unemployment + Firm CPI = USD Recovery?

7.7 in Myanmar (formerly Burma), after-shock 6.9 The effects were felt many hundreds of kilometres away, including in Bangkok where a building under construction collapsed.

Trump’s tariffs threaten to escalate a trade war. China wants to talk, but it’s ready to fight

This will cause unrest in France. The judge has moved to impose the penalty immediately and denied right of appeal. That will stop Le Pen running for the rôle of French President in 2027. The French are somewhat more inclined to take to ...

French far-right leader Marine Le Pen found guilty in embezzlement trial: Media

Yes but that was before Covid, so nobody remembers

Lagarde: A robust strategy for a new era

This will be interesting....

Trump instructs Treasury to halt penny production

My daughter has already had her hours cut. Her employer (business of about 8 people) was in tears at the effects caused by recent government budgetary meddling. The UK government has choked small businesses.

Government under pressure on economy as British households anticipate worsening finances

It was reported that a number of planes were refused permission to land in Columbia, the tariffs were relaxed after Columbia agreed to accept repatriation.

White House says tariffs on Colombia 'will be held in reserve'

It surprises me that the departure of Trudeau is almost ignored. I expected massive cheering from the Canadians, particularly the truckers.

Canadian Dollar Forecast: PM Trudeau Resigns, USD/CAD Uptrend Intact

IMHO this has more to do with the bad effects on the labour market caused by the October budget. Businesses are actively seeking to reduce staffing in order to counteract the effects of rising minimum wages and increased employer contributions to ...

UK Mortgage Approvals in Surprise Drop After Labour Budget

The current thinking is that there will be no rate-cut on 1st August. Wage inflation is still running high as are some other metrics. I guess that it depends whether the MPC has an ear for hints from the new government.

Pound Sterling Outlook: August BoE Rate Cut In The Balance

"delusion" is one of the happiest of states of mind

Trump’s platform won’t support US dollar’s world’s reserve currency role

BRICS is still a nascent organisation

Trump’s platform won’t support US dollar’s world’s reserve currency role

At the moment the €uro is not under threat. There is no reason for immediate concern unless the ECB et al decide they will not trade RMB or other BRICS currencies. However the alternative will slowly arise from the BRICS consortium although it is ...

Trump’s platform won’t support US dollar’s world’s reserve currency role

.. or even that it might have been a.o.government or institution dumping US treasuries and buying Japanese for their own reasons.

Japan's Kanda: I won't say if we intervened

Have you watched any of the Indiana Jones movies? Besides the extensive stretching of belief there are some interesting protective structures which are triggered by the release of supporting sand contained within elaborate structures, So it is with ...

Trump’s platform won’t support US dollar’s world’s reserve currency role

So the "Bernanke and Blanchard" model is conveniently employed to avoid admitting that nobody looked out of the window... After the pandemic there was a shortage of skilled labour, specifically large goods vehicle drivers, notably the skilled ...

Haskel: UK inflation: What's done and what's to come

Macron's party is booted into 3rd place. Cue an endorsement from Donald Trump... The market is stunned, give it time...

Volatility Is Only Certainty for Traders Parsing French Results