BUSINESS MAVERICK: Big pick-up in the carry trade

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 84%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

BUSINESS MAVERICK: Big pick-up in the carry trade By Tim Cohen tim_cohen

One of the most important and simultaneously intangible aspects of the huge wash of money rushing around the world is the carry trade. At its most basic, it is an enormously simple, effective, and fast way of making money.

The first risk is that the interest rate differential will be wiped out by a decline in the currency of the country you invest in. For example, Turkey’s three-month deposit rate currently stands at 28%, while the same rate in the US about 2.6%. So if you invest, say, one billion dollars, in three months you will make a profit of $254-million.

The danger of interest rates differences becoming narrower has been what has been restricting the carry trade for the past year or so. But recently, it seems, US interest rates are unlikely to change and may even go down. Emerging market interest rates, too, have been pretty steady. Currencies have been trading in a range, and some emerging market currencies have even been strengthening. All of this is just heaven for the carry trade.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 3. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

BUSINESS MAVERICK ANALYSIS: Elizabeth Warren’s big ideas on Big TechThe debate about how to regulate the tech sector is eerily reminiscent of the debate over financial regulation in the early 2000s. Fortunately, one US politician has mustered the courage to call for a total rethink of America’s exceptionally permissive merger and acquisition policy over the past four decades.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

BUSINESS MAVERICK ANALYSIS: Trading on US-China deal to deliver the goodsGlobal free trade is one of those amazing benefits to global wealth. The IMF has measured a 60% reduction in prices in emerging economies since 1990 due to freer trade. But it’s disparities and contortions are also heavily criticised. Consequently, the US-China trade talks are among the most controversial issues of the day. The question is: how will completing the deal — or not completing it — affect SA?
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

Business Maverick: China Hails `New Consensus’ on Trade, Though Deal Not Ready YetChina and the U.S. claimed progress in talks to end their trade war, with President Xi Jinping pushing for a rapid conclusion and President Donald Trump talking up prospects for a “monumental” agreement that may still be some weeks away.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

Business Maverick: Friday, April 5: Five Things You Need to Know to Start Your DayTrade deal gets closer, some small progress on Brexit, and more bad news for German manufacturing. Here are some of the things people in markets are talking about today.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

Business Maverick: Ghosn’s Prospects Darken as Prosecutors Throw Him Back in JailCarlos Ghosn’s prospects for a legal comeback dimmed after Japanese prosecutors arrested him on fresh allegations that the former chairman of Nissan Motor Co. used millions of dollars from the company for his own purposes.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

BUSINESS MAVERICK ANALYSIS: The four Brexit scenarios for South African exportsMany South Africans consider Brexit to be exclusively a European issue. In fact, the consequences for SA, and other large trading partners of the UK, could be huge. Nice
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

Business Maverick: Stocks Post Longest Rally of Year; Dollar Gains: Markets WrapU.S. stocks rose for a sixth consecutive day and the dollar strengthened as investors remained bullish about U.S.-China trade negotiations and key jobs data tomorrow in Washington. info well noted daily maverick
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

Business Maverick: Rico: Cartoon Friday
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

Business Maverick Analysis: Why poor housing prices are a blessing in disguiseIt’s a terrible irony. South African house prices, adjusted for inflation, are as flat as an ironing board and have been for around a decade. And that just may save us all the heartache at least some of the developed world faces as their residential markets come under pressure.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

Business Maverick: Debt, State Firms Are Risks to South Africa Rating, Moody’s SaysSouth Africa may struggle to hang on to its sole investment-grade credit rating if economic growth persists at weak levels and if government debt and risk from state-owned companies rises, Moody’s Investors Service said.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »