Caution before US jobs report tempers gains in global stocks

Caution before US jobs report tempers gains in global stocks

THE QUOTE: As the current climate of low interest rates drives gains in stock markets, "all eyes will be on tonight's U.S. employment data which has the capacity to influence thinking on the timing and pace of Fed plans to lift U.S. rates," Ric Spooner …

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The currency wars have begun

The Swiss National Bank cut its target rate by 50 basis points to negative 1.25% to lessen the attractiveness of the franc as the central bank upended currency markets by scrapping its floor on the euro-franc exchange rate, causing the franc to rise as …

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Dollar Imperialism, 2015 Edition

Countries struggling for sovereignty are also being hit by sanctions, speculative currency attacks, commodity price manipulation, biased evaluations from US ratings agencies, massive fines on some banks for what the US has deemed inappropriate …

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MarketsEM currencies crumble as dollar marches higher

Elsewhere, the Indonesian rupiah is trading at levels last seen in 1998 and the Colombian peso is hovering near a 6 year low. Investor pessimism towards EM currencies has been growing in recent months, as sharp falls in … central banks is a bad one …

Read more on Financial Times

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