Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Argentina will have a floating exchange rate “pretty soon” as its current trading band widens, according to President Javier ...
With major central banks now cutting policy rates, the global interest rate cycle is turning. This shows how far the fight against inflation has come in many advanced economies. But with economic ...
The Chosun Ilbo on MSN
Bank of Korea Holds Base Rate at 2.5% Amid Housing, Exchange Concerns
The Bank of Korea’s Monetary Policy Committee decided to maintain the base interest rate at its current level of 2.5% annually during a regular meeting held on the 23rd. The central bank had kept the ...
Investors would not be to blame for detesting the international sleeve of their portfolios over the past decade. Coming out of the global financial crisis in 2009, the U.S. equity market has easily ...
After Japan’s bubble economy burst in the late 1980s and interest rates were subsequently slashed, carry trades and overseas investment boomed. As the Bank of Japan starts to raise Japan’s ...
May 23 (Reuters) - Russian authorities are ready to discuss abolishing export duties based on the exchange rate in return for a "fair" increase in corporate profit tax rates, Finance Minister Anton ...
The U.S. stock market continues to rise despite the government's latest shutdown. The S&P 500 and Dow Jones Industrial ...
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