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Finance & Markets

Baltic Block of Russian Grain May Open Black Sea, Latvia Says

Europe should block the transit of Russian grain through Baltic ports as that may force Moscow seek ways to open trading on the Black Sea, Latvian Prime Minister Andris Kulbergs said.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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US Dollar: Flatter curve supports currency – ING

ING’s Chris Turner notes that the Dollar is benefiting from a flatter US yield curve as hot inflation data keeps short-dated rates elevated while long-dated Treasuries recover. He argues this backdrop typically favors the Dollar versus activity and emerging market currencies.

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