The US dollar is mostly softer ahead of the September CPI. The euro and Canadian dollar have recorded new lows for the move. The greenback extended its gains against the yen to JPY149.55 but has...
Regulators seem to enjoy playing Santa Claus around Christmas each year by gifting multiple regulatory mandates to the banking industry. Christmas 2023 was no different, as we witnessed a multitude of significant rules and consultations...
Months after the political tussle between US President Joe Biden and Republicans over raising the debt ceiling, Fitch downgraded the US credit rating from AAA to AA+. The White House strongly disagreed with the move....
Investors are having a fit. For the first two months after the early March Italian elections, investors could hardly care less. Italy’s premium over Germany to borrow money for a decade fell to a two-year...