Only the Bank of Japan Can Arrest the Yen’s Decline
Higher interest rates are needed to address a growing yield gap with the U.S.
We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.
More in Finance & Markets
Banks: HSBC beats expectations and resumes share buybacks
HSBC increases its pre-tax profit in the first half by 23 percent. However, the announced share buyback program of $1 billion is not as large as expected.
South African Rand: Rate hold seen hurting currency – Commerzbank
Commerzbank’s Volkmar Baur writes that despite South Africa’s reasonable recent performance under pressure from the Iran conflict, the central bank’s July decision to leave its key rate unchanged was…
Intervention Efforts Failing to Turn Tide for Yen
Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the minute market intelligence and insight, click MLIV…
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $58.86 per troy ounce, up 1.15% from the $58.19 it cost on Monday.
China stocks rise as AI, chip shares rebound
Analysts expect AI to regain market leadership in August.