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Local Currency EM Bonds: An Asset Class Where Knowledge Is King And Lady Luck Is Queen Investing in emerging market local currency bonds is not easy. To be successful it requires delicately balancing exposures to credit, interest rates and currency movement. Often these three variables move together; strong economic performance of a country creates foreign inflows into liquid assets such ...
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Fed vice chair: Central banks should 'tread cautiously' with digital currency Randy Quarles, the Federal Reserve vice chairman of supervision, said Thursday that the widespread use of digital currencies could threaten financial stability, adding that central banks should "tread cautiously" when considering creating their own. "While these digital currencies may not pose major ...
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Former currency trader faces criminal charge in UK Alex Hope, the former currency trader who first grabbed headlines in 2012 as a 23-year-old whose bar bill reportedly topped £203,948, has been charged with a criminal offence by the UK financial watchdog. The Financial Conduct Authority said in a brief statement on Thursday that it charged Hope with ...
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Bitcoin explained: Its history, why is it so valuable, and will the bubble burst? Bitcoin has been around since 2009, but cryptocurrencies – as in, a digital currency that operates outside of a central bank – have suddenly shot up in value, leaving many wondering if a solid investment could reap thousands. Recently, Bjork encouraged fans to buy her 'Utopia' album with Bitcoin, ...
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Fed's Powell Has No Plans To Issue Digital Currency While the Federal Reserve does not have plans to issue digital currency, it is actively researching the underlying technology, said John Williams, president of the San Francisco Federal Reserve Bank. "Right now, the Federal Reserve is not developing its own digital currency," Williams said when asked ...
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