With the conflict between Israel and Hamas about to escalate,investors appear more preoccupied with domestic issues than the prospect that the conflict could draw in other parties.
Insurers and banks buoyed the ASX on Friday after Wall Street inched lower,as pressure from the bond market stays high due to worries about a too-hot US job market.
A break in the close correlation between oil prices and the greenback has set off alarm bells.
The surging US dollar is setting off alarm bells as it smashes the Australian dollar and other major currencies.
Could the expansion of the BRICS club of developing economies lead to a shift away from the greenback’s dominance in world trade and finance? Maybe at the margins.
When China resorts to a measure last used during the 2008 global financial crisis,you know that alarm bells are ringing louder in Beijing.
Travellers will immediately feel the impact of the Australian dollar’s weakness after it fell to a nine-month low,but there may be broader implications.
Vladimir Putin’s chief economic adviser has criticised Russia’s central bank in a rare show of discord between top officials after a sudden decline in the rouble.
What the Bank of Japan does matters for all of us. So Friday’s surprise announcement by its governor sent a jolt through markets and left them wondering what is next.
Travelling without thinking about currency exchange rates – or the fees that providers charge – could really cost you.
The crash in the value of the rouble in the past few weeks is symptomatic of a wider issue facing Vladimir Putin.