Recent Posts

Japan’s yen has seen wild swings this year — is it still a safe-haven asset?

Japanese 1,000 yen, 5,000 yen and 10,000 yen banknotes arranged in Kyoto, Japan, on Thursday, Nov. 2, 2023. The contradictions in Japan’s efforts to protect the yen while slowing the pace of rising bond yields are becoming increasingly clear in currency and debt markets. Photographer: Kentaro Takahashi/Bloomberg via Getty Images Kentaro Takahashi| Bloomberg | Getty Images Japan’s yen has traditionally …

Read More »

USMNT midfielder Weston McKennie extends deal with Juventus through 2026: Contract details, salary, more

Getty Images Everything has changed for USMNT midfielder Weston McKennie in the past week. After the American player was excluded from the pre-season tour at Juventus, the Bianconeri manager Thiago Motta announced he was reintegrated in the team before the first game of the season against Como, and then the club announced today that McKennie has extended his deal at …

Read More »

Powell speech on interest rates

LONDON — European stocks closed higher Friday after Federal Reserve Chair Jerome Powell firmly signaled interest rate cuts ahead. The Stoxx 600 index closed 0.5% higher, pulling further away from its level at the start of the month despite early-August volatility. The British pound gained 0.8% against the U.S. dollar to trade above $1.319 — its highest level since March 2022 — while the …

Read More »