More than $370 trillion of existing financial contracts are pegged to Libor worldwide; of those, roughly $200 trillion are denominated in U.S. dollars and need to be addressed immediately...
CNBC's Steve Liesman looks at the Fed's balance sheet and parses the 'repo madness' that's hit Wall Street.
U.S. stock index futures traded higher on Friday as investors awaited the release of the government's latest jobs report.
As Wage Growth Comes In Hot. "there are still risks to the Fed outlook - from the president’s trade war with China in particular - but for now it’s hard to argue with Powell’s view that monetary policy is “in a good place” as well as the economy."
An estimated 806,000 people across France took part in demonstrations on Thursday against President Emmanuel Macron's proposed pension reforms.
Global growth trough narrative collapses...
“We’re going to see more of this,”...
The Reserve Bank of India surprised markets by keeping its repo rate — the rate at which it lends to other banks — unchanged at 5.15%.
First Chapter of Deutsche Bank's "Imagine 2030 — the decade ahead" report is called "The End of Fiat Money"?
About half of all issued corporate bond debt is rated triple-B, the lowest score for investment-grade debt. Analysts say all this debt could be a mess in the making, especially if the economy enters a recession. WSJ's Gunjan Banerji explains.
Group of small business owners is becoming more pessimistic about America’s economy — small business manufacturers.
Gold bugs have always struck me as paranoid…
Eight thousand gold bars, worth around €4.5bn, have been returned to Poland from London after being spirited from the Eastern European country at the start of World War II.
Friday will see the US Labour Department unveil its employment data, with analysts predicting that job’s numbers will miss the mark. Traders will also be paying close attention to the key non-farm payroll number which is expected to come in at around 185,000.
Many nations have repatriated their physical gold from London and the other banking centers. If these nations don't trust the Bullion Banks, why should you?
The U.S. monthly international trade deficit decreased in October 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.1 billion in September (revised) to $47.2 billion in October
Exuberance over gold is fading — and that’s good news for bulls, says technical analyst Jeff deGraaf.
Price action, internal momentum and volume aren’t great, but that doesn’t matter when the president wields his baton.
One corner of China’s bond market is offering yields that seem too good to be true. And, indeed, it’s permeated with “fakes.”Since 2009, off-balance-sheet shell companies set up by Chinese municipalities have been selling debt...
The financial press serves up a lot of articles on student loan, credit card and auto loan debt.
But none of those are the fastest growing U.S. debt category. That distinction goes to personal loans.