US Housing: An Anemic path
Housing starts from US, the only piece of economic data for today, released earlier, presenting the slowest pace since May 2017.
US housing starts fell...
Forecasts and Discounting
When it comes to exchange rates, or any other financial instrument that is traded in an exchange, we should expect a reaction to any...
ECB and the idea of tiering Deposit rates
Bund yields have fallen into negative territory for the first time since 2016 and yesterday even fell below the JGB rate, after comments from...
Yield Curve Inversion Does not Mean Recession – Yet
As explained in the past, Yield Curves reflect investor expectations about future developments in the bond markets and their perceptions of overall risk. Basically,...
Japan: The end of Fiscal year
Global growth increasingly appears to be resting on a one-legged stool, with Asia's economies facing exports slowing/contracting through the turn of the year and...
How Bad is Turkey Doing?
Almost six months after the rate hike which pushed Turkish interest rates to 24%, the Turkish Central Bank wants local banks to use one...
