The Corner Olli Rehn, Governor of the Bank of Finland, has advocated a fresh push to develop European “safe and liquid assets” to support the euro internationally and lower borrowing costs. In his lecture “Back to school: Passing Europe’s triple test” delivered during the OMFIF Nordic SSA forum on 19 August in Helsinki (Finland), Rehn stated that “Europe’s funding needs are large or even huge,…
The US Dollar Index (DXY) is broadly consolidating near the 99.00 level as investors process the US Treasury's expanded long-end bond buyback and a modest rebound in Treasury yields.
Mumbai: Indian stock markets ended on a mixed note on Friday as rising crude oil prices, higher global bond yields and tensions between the US and Iran kept investors cautious.
