It's all relative ....In Tokyo, a 5 basis point move in yields is BIG news
ref :- "Bank of Japan Offers Unlimited Bond Buying After Yields Jump" Doesn't sound that dramatic, does it ? And in...
Can we still call the Jap Yen a safe haven ? Or the Swissie, for that matter ? And as for Gold ....
ref :- "Fed is a positive factor for US dollar ...." , Interview on Bloomberg TV with Commerzbank's Esther Reichert. ...
We're well beyond "This is how it starts ...." and deep into "This is how it escalates ....."
ref :- "China Has Arsenal of Non-Tariff Weapons to Hit Back at Trump" , Bloomberg Business You remember that slightly mo...
"The louder he talked of his honor, the faster we counted the spoons" , Ralph Waldo Emerson ..... Oh, and Turkey .....
Leaving all pro- or anti-Brexit leanings aside (and of course we never take any sides anyway), it's not often that we feel obliged...
It depends which way you look at it ..... a mildly surprising start to the week
ref :- "Sterling rallies as investors bet "softer Brexit" more likely after resignation" , Reuters Markets T...
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