From a G4 rates perspective, we believe that central banks should be rebuilding their USD exposuredue to the significant pick-up offered by US rates, as well as the strong USD. Meanwhile, with around 10% of 2Y-10Y fixed …
From a G4 rates perspective, we believe that central banks should be rebuilding their USD exposuredue to the significant pick-up offered by US rates, as well as the strong USD.
Meanwhile, with around 10% of 2Y-10Y fixed coupon DM domestic sovereign bonds now having negative yields, we examine the case for and against reserve diversification into gold.
Finally, our EM-21 Reserve Monitor shows that Asian central banks have now increased reserves for12 straight months despite the strong USD, suggesting diversification into non-USD G10 currencies is reversing.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
