World needs to end risky reliance on U.S. dollar: BoE’s Carney
JACKSON HOLE, Wyo. (Reuters) – Bank of England Governor Mark Carney took aim at the U.S. dollar’s “destabilizing” role in the world economy on Friday and said central banks might…
Take Five: The Fed and the rest
With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month. Money market pricing became even…
Stocks slip, dollar drifts after Fed cools rate cut bets
LONDON (Reuters) – The dollar nursed overnight gains while Europe’s share markets struggled early on, after the U.S. central bank dampened bets that it might be readying its first interest…
Wall Street powers world stocks; dollar up on Brexit woes
NEW YORK (Reuters) – Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while the dollar rallied despite the Federal Reserve’s uber-dovish stance as…
Take Five: Dogs and Pigs – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them. People walk by…
Sterling slides as foreign minister’s resignation heaps pressure on May
LONDON (Reuters) – Sterling slid on Monday after the resignation of the British foreign minister heaped pressure on Prime Minister Theresa May, but its losses were expected to be contained…
Brexit Flip-Flop: Bank of England head says exit will hit EU harder than UK
The head of the Bank of England, Mark Carney, appears to have switched his stance on Brexit. Having been committed to staying in the EU, and repeatedly warning the British…
Keiser Report: TINA’s Big Black Hole (E375)
In this episode, Max Keiser and Stacy Herbert investigate the black hole of debt sucking in our economies, jobs and wealth like strings of spaghetti past the economic event horizon.…