Browsing: central banks
Heavily indebted countries can look just fine until suddenly they don’t, finance watchdog warns—’That is how markets work’
By Press Room
Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets,…
We’re about to get central bank rate cuts soon—but not from the Federal Reserve: Here’s who is expected to ease in the coming week
By Press Room
The European Central Bank could open the door to a weaker euro on Thursday as its first interest-rate cut of…
“Climate risk is financial risk” is an increasingly ubiquitous incantation. It is frequently invoked in discussions about shareholder proposals, the…
Record-high gold prices trigger a flood of selling at jewelers and pawn shops. ‘People are using gold as an ATM they never had’
By Press Room
Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in Brooklyn, the customers…
Gold is setting record highs, but why prices are soaring now is a complete mystery: ‘The rally is defying a lot of normal thinking’
By Press Room
Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate…