With $1.2 trillion needing to be rolled over this year, the threat of a funding crunch is rising.
Suppliers to Apple Inc. in Asia tumbled with with U.S. stock-index futures after the iPhone maker added to global growth concerns with a cut in its sales outlook. The yen surged and gold advanced as investors flocked to safe havens
Gold is rallying into the end of 2018 as turmoil in global equities, the partial U.S. government shutdown and concerns about the outlook for next year stoke demand, lifting prices to the highest in six months.
Bank of Japan policymakers disagreed on the feasibility of allowing bond yields to move more flexibly around the central bank’s zero percent target
Global trade tensions and worries about a U.S. recession dragged markets lower at year-end, leaving the 500 people on the Bloomberg Billionaires Index with a combined net worth of $4.7 trillion as of Friday’s close.
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
Board decided to leave the cash rate unchanged at 1.50 per cent
ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
Threat of hacks, fights over network control seen rising and more than 100,000 mining operations likely ceased activity
The fight higher gasoline taxes and have now spread to other demands, reflecting complaints about purchasing power and a general dislike of Macron.