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inflation
Global Economy
Pound bounces from record, traders turn sights to BOE
So far, there’s been silence from the government and the Bank of England.
September 26, 2022
Global Economy
Lagarde says ECB rates to be lifted for ‘several meetings'
ECB officials want to reach the so-called neutral rate of interest, which neither stimulates nor restricts the economy.
September 26, 2022
Currencies
Pound drops to record low as UK signals more tax cuts
The size of the pound’s intra-day decline on Monday was the biggest since March 2020
September 26, 2022
Tong's Portfolio
Central banks cannot address supply disruptions, the cause of global inflation
A global recession — or worse, stagflation — is now inevitable.
September 23, 2022
Currencies
Japan intervenes to support yen for the first time since 1998
The intervention, ordered up by the Ministry of Finance, comes with risks if it fails to scare off speculators.
September 22, 2022
Global Markets
Stock bulls reluctantly fold on Fed’s grim economic message
Investors will now have to grapple with the threat of a Fed hiking to levels higher than previously expected
September 22, 2022
Global Economy
Fed tightening and Asia: When will this misery end?
There will still be risks in this region as asset valuations adjust to a new era of higher interest rates and tighter money.
September 21, 2022
US Economy
Fed to hike and hammer home hawkish message
"They have been behind the curve systematically. They have to think getting in front of the curve would be good.”
September 21, 2022
Currencies
Singapore dollar may become rare global winner as MAS tightens
The risk for Singapore dollar bulls is that the MAS decides to keep its policy unchanged next month
September 19, 2022
US stocks
Markets roiled by inflation leave investors with nowhere to hide
Persistent increase in core inflation is bad new for assets of all stripes.
September 18, 2022