The Chinese economy grew at a faster-than-expected rate during the first quarter of this year, after US President Donald Trump last month backed down from a threat to escalate his trade war with Beijing and government stimulus measures began to take hold.
WTO decision could provide hurdles to President Donald Trump’s administration, which has used the national-security justification to impose tariffs on allies and adversaries alike.
Theresa May has “no chance” of passing her Brexit deal in time to pull the UK out of the European parliament elections and avoid a likely devastating defeat, experts have concluded.
All 12 of the U.S. Federal Reserve’s regional banks supported keeping steady the interest rate commercial banks are charged for emergency loans before the central bank’s last policy meeting, records from the discussions showed on Tuesday.
Japan’s exports shrank for a fourth straight month in March as weakness in global demand continued to weigh on the economy.
When it comes to saving the peso, Argentina has tried everything under the sun, from an assortment of crawling bands and pegs in the 1970s and 80s, to a legal peg to the US dollar in the 90s, to (very) dirty floats in the 2000s. Sooner or later, they all ended in tears.
Emerging-Market Forex Revenues Eclipse ‘G10’ For First Time – Reuters
Investment banks are now earning more from trading emerging-market currencies than from the major G10 markets, as wild swings in the likes of the Turkish lira contrast with relative calm in the dollar, euro and yen.
Currency-only hedge funds were once a hot corner of the investment world. From 2000 to 2008 the tally of currency funds tracked by the BarclayHedge Currency Traders Index almost tripled, to 145. Now they’re looking more like an endangered species, with just 49 in operation.
A leading figure behind the creation of futures markets in the 1970s is joining the race to replace the benchmark interest-rate underpinning trillions of dollars worth of financial contracts world-wide.
Citigroup, one of the biggest middlemen facilitating currencies trading, is trying to engineer a radical shift in the $5.1tn-a-day market by asking trading platforms and rival dealers to share the costs of managing risky derivatives trades for its clients.
Britain’s markets watchdog will review its rules as the country readies to leave the European Union, the source of its financial regulation for decade
Cryptocurrency derivatives provider LedgerX plans to become the first U.S. firm to offer physically settled bitcoin futures contracts.
Bitcoin and most of crypto is surging once again.
The blockchain subsidiary of social investing platform eToro has launched a cryptocurrency exchange along with eight branded stablecoins.
Financier With Ties to an Oligarch Starts Crypto Derivative Hedge Fund – Bloomberg
Gerald Banks, who has structured derivatives for Merrill Lynch & Co. and managed part of a Russian oligarch’s sprawling empire, is now turning his hand to cryptocurrencies.
FastMatch has been officially rebranded as Euronext FX. Euronext says that this represents “a new step” in the integration of FastMatch into its business and that it reflects “the evolution of FastMatch” since it acquired the platform.
Bob Savage has joined BNY Mellon as head of FX sales for the Americas.
Guess?, Inc. GES is sailing on rough seas, thanks to rising costs and adverse impacts from currency.
Global equity markets are poised for a “melt-up” as signs of healthier economic growth in the US and China reassure big investors that have largely stayed on the sidelines of the 2019 market recovery, according to BlackRock’s Larry Fink.
Gold has erased all of its gains for 2019, the latest signal that rising confidence in the world economy is pushing investors away from assets typically considered safe.
Consumer prices gained 1.5 percent from a year earlier, slower than the 1.9 percent pace in the fourth quarter and the 1.7 percent median forecast of economists.
The Australian dollar rose to a two-month high on Wednesday after Chinese economic growth beat forecasts and indicated to some investors that the worst is over for the global economy.