Ankur Banarjee News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Ankur banarjee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Ankur Banarjee Today - Breaking & Trending Today
A slide in the dollar and signs that volatility is returning to foreign exchange markets as interest-rate hikes bite is causing investors to reassess wildly popular carry trades and to be pickier about which currencies they back. The carry trade - an investment strategy that takes advantage of differences in borrowing costs between countries - has provided bumper returns this year as most central banks have hiked rates, causing yields to rise, but at different paces. "The world's favourite carry trade," according to Bank of America, involves investors borrowing Japanese yen where the central bank has pinned rates low, and converting them to Mexican peso to buy much higher-yielding bonds. ....
A slide in the dollar and signs that volatility is returning to foreign exchange markets as interest-rate hikes bite is causing investors to reassess wildly popular carry trades and to be pickier. ....
Europe's STOXX 600 was up 0.7%, while e-mini futures for the S&P 500 rose 0.2%, following a 0.9% gain for the benchmark Wall Street index overnight ....
LONDON, SINGAPORE May 19 (Reuters) - Global shares rose to a one-month high and the dollar trounced major currencies on Friday as markets reflected increased . | 03:55am ....
Shares waver as rate pause bets and Apple earnings clash with U.S. bank rout streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.