1997, down 1. 75 . So the selloff in bond market has been real. The 30year yield back above 3 . 10year at 2. 30. The fiveyear, 1. 7, and twoyear at 1. 035 . The nikkei closed higher by a half percent. European equities at this hour, lower. Not by a whole lot. Except for italy and spain, off by more than 1 . Crude prices are mixed. Lower by 7 cents for wti. Look at the dollar, which is stronger once again against the euro and the yen. 14year high for the dollar index. 1. 06 is what the euro will cost you. You will get 110 yen for every dollar. Reuters is reporting this morning that chinese policymakers are ready to slow the decent of the yuan so it doesnt fall too quickly. Its 6. 88. That headline sergeauggests thay will let it fall through 7. People saying the important level that could the negative for multinationals to the point that where the everybody is looking for a reason for this rally to stop. Thats another one. I dont employee if that would stop it. The u. S. Dollar index, it
India is among the nations seeking to lessen their dependence on the US dollar in trade and cross-border transactions, launching initiatives to boost the rupeeās position as an internationally recognized reserve and payment currency. The rupee has room for more progress, but India has made great strides in raising its international status.
Fed Chair Powell goes beast mode on greenie wokery americanthinker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanthinker.com Daily Mail and Mail on Sunday newspapers.
One of the key challenges for the next decade is how to facilitate the green transition. Governments are expected to scale up public investment, buffer the costs of more severe weather-related shocks, and deploy other fiscal tools in a way that facilitates a smooth private sector transition, as well as handle the unavoidable distributive effects of a higher carbon price. This