Crypto capture of foreign aid
Official development assistance fell by 23% in 2025, the largest drop on record. Aid disbursements have tended to coincide with deposits in offshore banks. This
Covered interest parity deviations and financial market frictions: Six decades of evidence
Persistent deviations from the covered interest parity no-arbitrage condition are viewed as evidence of the new and central role of balance sheet constraints and financial
How currency hedging moves exchange rates
Foreign investors’ growing holdings of dollar-denominated bonds have created a large demand to hedge dollar risk. Using outstanding FX forward and swap positions for seven
European stocks fall as traders wait for US jobs data, dollar steady
Oil drops below $60 a barrel for first time in months. European stocks fell in early trading on Tuesday, struggling to make gains as traders
European stocks fall as traders wait for US jobs data, dollar steady
Oil drops below $60 a barrel for first time in months. European stocks fell in early trading on Tuesday, struggling to make gains as traders
Wheat steadies after selloff triggered by USDA’s production estimates
Gorey said investor positioning had become more neutral in recent weeks, and that because the Ukraine-Russia war was not impeding grain exports. U.S. wheat futures
Reforming international taxation: Balancing profit shifting and investment responses
The global minimum tax represents the most ambitious international effort in decades to curb profit shifting to tax havens. But how much profit shifting actually
Dollar set for biggest weekly fall in four months, Fed path in focus
Dollar on defensive before Thanksgiving, Fed December cut eyed. The dollar was drifting toward its largest weekly drop in four months on Thursday as trade
Gold slips from near 2-week high, traders weigh US rate cut chances
Spot gold was down 0.2% at $4,154.27 per ounce, as of 1052 GMT. U.S. gold futures for December delivery slipped 0.4% to $4,150.40 per ounce.
Dollar stable even with US rate cuts in focus, yen vigil continues
Rate-cut wagers ramp up after dovish comments from policymakers. The U.S. dollar was steady on Tuesday even as investors deliberated over the chances of a
