The poor eurozone PMI underscores likely recession and weighs on the single currency, which was sold to a new 20-year low. Rather than a “Turn Around Tuesday” a broadly consolidative session is unfolding. Asian and...
Ukraine’s central bank has been de facto printing money to pay its troops, but the measure is unsustainable. More international support is vital, but how much new cash could be raised domestically? As the war against...
The US and Taiwan seem willing to set aside bilateral trade irritants and boost commercial ties as relations with China deteriorate. The United States announced on Wednesday that it will begin formal negotiations with Taiwan on...
The sell-off in European bonds continues today. The 10-year German Bund yield is around four basis points higher to bring the three-day increase to about 22 bp. The Italian premium over Germany has risen by...
Beijing this week slashed interest rates to boost demand after its zero-COVID policy and a property crash rocked the economy. China’s woes will hurt global growth but could also help to cool inflation. As growth...
Saudi energy giant Aramco says its profits have nearly doubled compared with last year. The firm, which is nearly fully state-owned, has seen both demand — and pump prices — soar. Saudi Arabia’s national oil...
What does MSME need in today’s ever changing business situation? Few good lending institutions & banks who can understand their condition and business cycle. But finding such a thing in itself is a challenge and...
Exploring a special case of multiple equilibria, observed in the stock market, that is the interplay between the trend followers and the contrarians. There are two types of the multiplicity of equilibria, one originating from...
The US dollar is trading heavily against all the major currencies, led by the Norwegian krone and euro. Emerging market currencies are also firmer. However, risk-appetites seem subdued. Even though most large bourses in Asia...
Turkish President Recep Tayyip Erdogan also says his country will extend use of Russia’s Mir payment system. His announcements came after meeting with Russian leader Vladimir Putin in Sochi. Turkey will switch part of its...
Sweet lemon, Mosambi aka citrus limetta or sathukudi in Tamil is one of the most popular healthy juices you might have at least once if you had lived or visited in India. It is a...
The US dollar enjoys a firmer bias against the major currencies ahead of the July employment data. Emerging market currencies are mixed. Asian currencies are generally firm while central Europe is a bit softer. Some...