Fool’s gold: How geopolitical risk is taking some of the shine off the US dollar

US Treasuries remain the world’s dominant reserve asset, but geopolitical risks can change how central banks assess the trade-off between liquidity and protection from foreign
US set to cut capital requirements for banks, FT reports

U.S. authorities are preparing to announce one of the biggest cuts in banks’ capital requirements in over a decade, the Financial Times reported on Thursday.

