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FAQ: BIS Triennial Foreign Exchange Turnover Survey

September 01, 2016
How much growth has foreign exchange experienced from the last report in April 2013?  Overall trading in foreign exchange has fallen from a year to year basis. Markets in April 2016 saw turnover fall to $5.1 trillion from $5.4 trillion due primarily to less movement in the JPY in the current market environment. 
What is the break down among the dif…
FAQ: BIS Triennial Foreign Exchange Turnover Survey FAQ: BIS Triennial Foreign Exchange Turnover Survey Reviewed by Marc Chandler on September 01, 2016 Rating: 5
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World Bank's SDR Bond: What It Is and Isn't

September 01, 2016
The World Bank sold the equivalent of about $700 mln of a three-year of a multiple currency bond that duplicated the composition of the IMF's Special Drawing Right or SDR.   There has been much fanfare.  It is the first SDR bond in more than 30 years according to reports.  
The bond was issued in mainland China.  Investors buy the bond in yuan,…
World Bank's SDR Bond: What It Is and Isn't World Bank's SDR Bond: What It Is and Isn't Reviewed by Marc Chandler on September 01, 2016 Rating: 5
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A Couple of Surprises to Start the New Month

September 01, 2016
The new month has begun with a couple of surprises.  The biggest surprise has been the record jump in the UK manufacturing PMI to 53.3 from 48.3.  A much smaller rebound was expected in August after the Brexit shock drop in July. 
There is a linear type of thinking that appears to be driving the market's response which was to take sterling a ce…
A Couple of Surprises to Start the New Month A Couple of Surprises to Start the New Month Reviewed by Marc Chandler on September 01, 2016 Rating: 5
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