The greenback surged in the aftermath, with the Bloomberg dollar index jumping to a two-month high. Another benchmark from Intercontinental Exchange Inc. got to a level last seen in 2017. Hedge funds and speculators weren’t positioned for this, having gotten the least bullish on the dollar since June 2018 as of a week ago, the date of the most-recent government tally.
Traders in Asia are buying the greenback on expectations that a less-dovish Fed will keep the dollar a higher-yielding currency, said Rajeev De Mello, chief investment officer at Bank of Singapore Ltd. The stronger dollar will be “difficult” for emerging-market assets in the short-term, although central banks are still likely to cut rates if global growth slows, he said.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Business Maverick: Apple Earnings: iPhone Maker Should Cut Prices DrasticallyStealthy or direct price cuts on iPhones have cushioned the blow for Apple Inc. It should go even further if it’s serious about changing its complexion.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
Business Maverick: Why Donald Trump Can’t Steer the Global Car MarketTurns out that overturning the Obama administration’s fuel-economy rules isn’t as easy as it seems.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
BUSINESS MAVERICK: The heavens have opened, but Western Cape agriculture still needs more rainWhile memories of Day Zero warnings in late 2017 and early 2018 might be fading in Cape Town residents’ minds, the effects of the severe water shortages are still felt in some farming communities — and agricultural production has not fully recovered from the damage of the 2017 drought.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
BUSINESS MAVERICK: Naspers rides the education waveThe online learning market has limitless potential with some research suggesting it could reach $325-billion by 2025. Tech giant Naspers is determined to tap into the boom.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
BUSINESS MAVERICK: European Central Bank hints at a yen for equitiesAs central bankers run out of ammunition, equity purchases become an option as a possible part of their quantitative easing programmes. The European Central Bank may well entertain this option, but needs to think hard before doing so. The Japanese have been doing it for almost 10 years and have yet to see it deliver the macro-economic results they seek.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »
BUSINESS MAVERICK: No surprise as Eskom announces record lossEskom has announced a net financial loss of R21-billion, the highest reported by any single company in South Africa. The big problem was the amount spent on diesel to keep the lights on.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »