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Indonesia Revamps Debt Strategy to Slash Sales by $20 Billion


Barry Schwartz s Top Picks: July 19, 2021
Stocks slumps as virus jitters fuel rush into bonds
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Mike Philbrick s Top Picks: July 16, 2021
Brookfield to launch private REIT with assets from Oaktree
Record U.S. stock rally stalls with inflation rising
Reddit traders are upending the world of credit investing, too
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JPMorgan strategist warns of dot-com era bull trap in Ark fund
Ex-lawyers whose fund rose 53% this year see markets as frothy
Megacap tech stocks roar back into vogue as haven from slowdown
Gordon Reid s Top Picks: July 14, 2021 ....

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Virus jitters keep dollar aloft


Dollar recovers ground as jobless claims data helps
FILE PHOTO: The European Central Bank (ECB) presents the new 50 euro note at the bank s headquarters in Frankfurt, Germany, July 5, 2016. REUTERS/Ralph Orlowski
July 15, 2021
By Saqib Iqbal Ahmed and Saikat Chatterjee
NEW YORK (Reuters) – The U.S. dollar edged higher on Thursday, recovering some of the ground lost in the prior session after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy.
The dollar index, which measures the greenback against a basket of six currencies, was 0.1% higher at 92.504. The index fell as low as 92.272 earlier in the session. ....

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Dollar on tenterhooks as payrolls test looms


A picture illustration shows U.S. 100-dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao
The U.S. dollar was wavering above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month.
Investors have bet on the dollar falling as the world recovers from the COVID-19 pandemic, but they have lately grown nervous over whether a surprisingly strong U.S. economic rebound poses a threat to a key assumption that interest rates stay low.
The mood has kept speculators from adding much to short positions in recent weeks. That has put the brakes on what had a month ago seemed like a relentless downtrend and has pushed trend-following traders into a wait-and-see mode. ....

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