Currency wars
Opinion
Interest rates
The tale of Mrs Watanabe and two central banks
If the Bank of Japan ends up raising rates even as the US fed is contemplating a cut, it will unleash an unprecedented level of volatility in currency markets.
- by Stephen Bartholomeusz
Latest
Trump-Vance presidency could herald a new era for the US dollar
In most cases, Trump likes his policies to be “strong,” but when it comes to the value of the US currency, he has long expressed a different view.
- by Alan Rappeport
Updated
World markets
ASX in the green as Wall Street rebounds: $A jumps
The Australian sharemarket stepped up on Friday as Wall Street ticked higher after pressure squeezing it from the oil and bond markets relaxed a bit.
- by Millie Muroi
China’s push to challenge the US dollar gathers steam
The centrality of the dollar meant that to trade, governments had to meet international standards. Now that is being put under threat.
- by Eryk Bagshaw
Opinion
Inside China
China’s economy is underperforming and things could get worse
For the first time in more than 30 years China is expected to grow at a lower rate than the other economies in East Asia. It’s not a great backdrop for Xi Jinping’s looming elevation.
- by Stephen Bartholomeusz
The pound is crashing, US dollar rising. How far will your AUD go?
The US dollar is surging in value while major currencies such as the Japanese yen and British pound are plummeting as major economies creep towards recession.
- by Angus Thomson
Opinion
Currencies
The weak US dollar is at a crossroads: Will it fall even further?
The greenback has plummeted during the pandemic and there are predictions of further declines. It’s a disturbing prospect for the Reserve Bank.
- by Stephen Bartholomeusz
'Socialist modern' Shenzhen to rival Hong Kong, lead recovery
Chinese President Xi Jinping says the technology hub will be a model city for economic, digital and social changes to be rolled out around China.
- by Eryk Bagshaw
Opinion
World markets
Currency weapon: The US dollar threat is becoming very real for China
The US's willingness to use its dollar’s dominance of global financial activity as a weapon has China nervous.
- by Stephen Bartholomeusz
Opinion
Opinion
China's currency could trigger a new flashpoint in the growing cold war with the US
Over the past week there’ve been some curious fluctuations in the value of China’s currency that could ramp up tensions with the US.
- by Stephen Bartholomeusz
Opinion
Trade wars
How a man called Wilbur could blow up trade war truce
Donald Trump's Commerce Secretary Wilbur Ross is threatening to open a new and unusual front in the trade wars.
- by Stephen Bartholomeusz