Turkey’s currency crisis – what you should know
The Turkish lira has taken a heavy pounding recently as investors have started to doubt the country’s creditworthiness and economic outlook. At the time of writing, the value of the […]
The Turkish lira has taken a heavy pounding recently as investors have started to doubt the country’s creditworthiness and economic outlook. At the time of writing, the value of the […]
China reported a 6.8% year-on-year economic growth number for the first quarter. Again, the lack of volatility in the GDP data was striking. As the chart below reveals, economic growth […]
As expected, the Federal Reserve raised its benchmark interest rate again this week. And while its new chairman Jay Powell didn’t mention any major changes in monetary policy from his […]
The average unemployment rate in OECD countries has fallen to a historical low of 5.16%. And yet inflation has failed to reach the levels targeted by central banks. As a […]
Just recently, bond investor PIMCO published the chart shown above. It’s one of many charts hitting headlines in recent weeks, revealing that the end of an era of unprecedented monetary […]
Last Thursday, the Federal Reserve lifted its target rate with another 25 basis points. Not like anybody cared, as the rate hike was signaled well in advance. More importantly, the […]
While there could be a lack of monetary policy announcements during this year’s Jackson Hole summit – Yellen pretty much confirmed the start of balance sheet unwinding to be September […]
Productivity growth has dropped to alarmingly low levels. And not just in the US, where the figure has remained below 1% in recent years(!), but also in France and the […]
Some of the major events in financials markets this week shown in charts.
13. Base effects! Eurozone inflation came in significantly lower than expected, mostly due to a bigger than anticipated drop in energy prices. Core inflation fell as well, but this has […]