Tag
currency
4 articles
Hong Kong Dollar at Weak Peg Limit as Reserve Drains Push HIBOR Higher
HKMA intervention to defend the currency peg is draining interbank liquidity, threatening to spike borrowing costs and steepen the yield curve.
European Stocks Hit Four-Year Earnings Peak as Capital Rotates From U.S
The Stoxx 600 has gained 12 percent as investors exit U.S. tech exposure, drawn by the strongest European earnings season since 2022 and a euro above $1.15.
India's Early FCNR Swap Closure Pushes Short-Tenor Bond Yields Higher
The RBI moved its diaspora-deposit hedging deadline to Aug. 31 after inflows topped $52 billion, lifting shorter-duration bond yields as banks lost a zero-cost hedge.
BOJ's Himino Calls for Global Monetary System Overhaul as Rate Divergence Widens Spreads
Bank of Japan Deputy Governor Shinichi Himino advocates for unified global monetary policy approach, citing financial stability risks from current divergences