LATEST NEWS : Scotland split fears pound sterling, Europe flinches

World share markets stalled on Monday as the threat of Scotland splitting from the rest of Britain leapt to the forefront of investors’ attention, the latest in a recent run of geopolitical curveballs. Sterling fell to a 10-month low against the dollar and British shares and government bonds led a cautious Europe lower after a […]

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Rickards: The China bubble is bursting

Amid weaker U.S. growth and volatility in capital markets, China stands out as a beacon in the minds of many investors. It is widely assumed that China will continue to grow at about 7% without interruption and will, in time, surpass the United States as the largest economic power in the world. This China growth […]

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Yellen Leads Fed Damned Every Way by Emerging Market Angst

Janet Yellen is discovering that when it comes to providing monetary stimulus, theFederal Reserve is damned byemerging markets when it does and damned when it doesn’t. Sixteen months after she used a Tokyo gathering of global policy makers to defend her institution against criticism it was purchasing too many assets, Fed Chair Yellen attends this week’s Group of […]

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Emerging-Market Shakeout Putting Reserves Into Focus: Currencies

Foreign-exchange reserves are emerging as the latest battleground between traders and developing nations trying to stem the worst rout in their currencies since 2008. Nations with the smallest reserves to fend off currency speculators will continue to see their exchange rates under pressure, options prices show. Of the 31 major currencies tracked by Bloomberg, traders […]

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Russia to Brazil Intervention Adds to U.S. Debt Distress

“Investors suffering the worst losses in Treasuries since at least 1978 can add dollar sales by emerging-market central banks to their list of challenges. Speculation that the Federal Reserve, the biggest buyer of Treasuries, will reduce its purchases sent U.S. debt down 4.1 percent this year and boosted the dollar against developing-nation currencies for four […]

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Gold’s Rout Spurs Surge in Indonesian Demand: Southeast Asia

“Gold jewelry demand in Indonesia is set to expand to a four-year high as consumers in Southeast Asia’s biggest buyer join India to China in increasing purchases as prices slump and the middle class expands. Consumption of necklaces, bracelets and rings will probably climb to 40 metric tons this year, according to Iskandar Husin, secretary-general […]

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Global stocks slide, dollar gains ahead of Fed minutes

“Wall Street opened mostly lower, following slight declines in European shares, while U.S. Treasury prices and German bonds fell amid caution ahead of the release of the Fed’s minutes at 2:00 p.m. EDT. The dollar edged higher from a six-month low against the euro and gained versus the yen as traders bet the minutes will […]

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Capital Flows Back to U.S. as Markets Slump Across Asia

“The Indian rupee fell to a record low today, Thailand is in recession and Indonesian stocks have slumped about 20 percent since their peak. Chinese banks’ bad loans are rising and economists forecast Malaysia will post its second straight quarter of sub-5 percent growth this week. The clouds forming in Asia as liquidity tightens and […]

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