The euro is inching closer dollar parity amid weak EU growth, fueling fears of market turmoil. https://www.japantimes.co.jp/business/2024/12/04/markets/euro-parity-us-dollar/?utm_medium=Social&utm_source=mastodon #business #markets #euro #dollar #us #currencies #forex #eu #europe
Rakuten Group is seeking to take advantage of strong investor appetite for junk rated debt that drove U.S. spreads to their lowest since 2007 as it began marketing its third dollar bond of the year. https://www.japantimes.co.jp/business/2024/12/04/companies/rakuten-dollar-bond-start/?utm_medium=Social&utm_source=mastodon #business #companies #ecommerce #banks #rakuten #bonds #dollar
The yen carry trade — an investment strategy that blew up in spectacular fashion this year — is regaining popularity. https://www.japantimes.co.jp/business/2024/12/03/markets/yen-carry-trade-comeback/?utm_medium=Social&utm_source=mastodon #business #markets #yen #dollar #investments #forex #boj #japaneseeconomy #donaldtrump
E-commerce giant Rakuten Group is considering the sale of hybrid perpetual notes that can be called after five years. https://www.japantimes.co.jp/business/2024/12/02/companies/rakuten-return-dollar-bond/?utm_medium=Social&utm_source=mastodon #business #companies #ecommerce #rakuten #banks #bonds #dollar
Will this work in stopping or slowing future plans for de-dollarization?
Statements of weakness and fear like this one are a clear sign #Trump will weaken the #dollar https://www.spiegel.de/ausland/donald-trump-droht-brics-staaten-mit-zoellen-von-100-prozent-a-7b2d6043-adb3-4fe4-8d88-529b153afd03?sara_ref=re-so-app-sh
Trump and his economic advisers have been discussing ways to punish allies and adversaries alike who seek to engage in bilateral trade in currencies other than the dollar. https://www.japantimes.co.jp/business/2024/12/01/trump-bricsdollar/?utm_medium=Social&utm_source=mastodon #business #brics #currencies #dollar #donaldtrump #us
Joker from The Dark Knight
America’s once & future President, Donald Trump, is now threatening to descend the world into economic chaos because a few nations decided they did not want to use the American dollar as their preferred international currency.
Screenshot of Donald Trump threatening tariffs
The idea that the BRICS Countries are trying […]