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taper tantrum: Fed may be non-committal, but investors prepare strategy for Taper Tantrum already

As the pullback in Federal Reserve monetary support draws inexorably closer, investors are striving to taper-proof their portfolios with 2013’s volatility still fresh in their minds. Eight years ago this month, global yields jumped and risky assets fell on a hint from then-Fed Chairman Ben Bernanke that the central bank might start trimming its crisis-era bond program. Wary of a repeat volatility spike some fund managers are turning to lower-duration high-yield debt for shelter, while others ...
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Bitcoin rebound from dramatic weekend selloff fizzles out

Bitcoin rebound from dramatic weekend selloff fizzles out It has been a turbulent week for Bitcoin — and it’s only Monday. After the cryptocurrency suffered a flash crash on Saturday — plummeting some 14% — it attempted to bounce back Monday. But the rebound fizzled out quickly. Bitcoin fell 0.7% against the US dollar around the time of the stock market close Monday, trading around $56,000 per coin. The weekend plunge was a rather dramatic end to a months-long rally that was topped off ...
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Source: ktvz.com

RPT-Multiple U.S. trade partners risk 'manipulator' label in Yellen's first currency report

RPT-Multiple U.S. trade partners risk manipulator label in Yellens first currency report Reuters 1 hr ago Popular Searches By David Lawder WASHINGTON, April 15 (Reuters) - Taiwan and Thailand risk joining Vietnam and Switzerland in running afoul of U.S. currency manipulation triggers in Treasury Secretary Janet Yellens first foreign exchange report, expected this week, but whether she applies that label is unclear. The Biden administration has sought to engage more constructively with trading...
United States Republic Of Han I South Korea Janet Yellen John Revill
Source: msn.com

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Multiple U.S. trade partners risk 'manipulator' label in Yellen's first currency report

Multiple U.S. trade partners risk manipulator label in Yellens first currency report Reuters 6 hrs ago WASHINGTON, April 15 (Reuters) - Taiwan and Thailand risk joining Vietnam and Switzerland in running afoul of U.S. currency manipulation triggers in Treasury Secretary Janet Yellens first foreign exchange report, expected this week, but whether she applies that label is unclear. The Biden administration has sought to engage more constructively with trading partners and allies, and currency e...
United States Republic Of Han I South Korea Janet Yellen John Revill
Source: msn.com

GRAPHIC-Erdogan's new dove: Five questions for Turkey's central bank

GRAPHIC-Erdogans new dove: Five questions for Turkeys central bank Reuters 1 hr ago By Jonathan Spicer and Marc Jones Popular Searches ISTANBUL, April 14 (Reuters) - Turkeys fourth central bank chief in less than two years will oversee his first policy decision on Thursday, after President Tayyip Erdogan rocked financial markets by firing a well-respected governor who had hiked rates just last month. Erdogan replaced Naci Agbal, a policy hawk, with Sahap Kavcioglu, who has openly criticised T...
City Of United Kingdom Reza Moghadam Berat Albayrak Reza Karim Naci Agbal
Source: msn.com

Erdogan's new dove: Five questions for Turkey's central bank

6 Min Read ISTANBUL (Reuters) - Turkey’s fourth central bank chief in less than two years will oversee his first policy decision on Thursday, after President Tayyip Erdogan rocked financial markets by firing a well-respected governor who had hiked rates just last month. FILE PHOTO: Turkish President Tayyip Erdogan gives a statement after a cabinet meeting in Ankara, Turkey, March 29, 2021. Murat Cetinmuhurdar/PPO/Handout via REUTERS Erdogan replaced Naci Agbal, a policy hawk, with Sahap Kavc...
City Of United Kingdom Reza Moghadam Berat Albayrak Reza Karim Naci Agbal

Goldman axes short dollar call as U.S. yields spoil bet

Brian Maddens Top Picks: April 5, 2021 Nasdaq 100 rallies 2% after strong economic data Goldman axes short dollar call as U.S. yields spoil bet As meme stock mania fizzles, Wall Street sees ‘big reckoning’ S&P 500 breaks above 4,000 as bull market barrels on Barry Schwartzs Top Picks: April 1, 2021 Miley Cyruss offer shows how stocks are now cool A traditional Wall Street advantage is suddenly being threatened S&P 500 surges past record 4,000 on growth outlook Killing off Libor gets r...
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Shares lifted by U\.S\. stimulus cheer and Brexit relief | Hellenic Shipping News Worldwide

Shares lifted by U.S. stimulus cheer and Brexit relief Global shares rose and the dollar softened on Monday after U.S. President Donald Trump signed a $2.3 trillion spending package and as investors continued to celebrate a last-minute trade deal clinched between Britain and the European Union. By backing down from his earlier threat to block the bipartisan bill, Trump allowed millions of Americans to continue receiving unemployment benefits and averted a federal government shutdown. “As the ...
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