The tariff threats from President-Elect Trump against countries with issues with the U.S. are negatively affecting these nations’ currencies. The Chinese yuan has experienced a
Read more
JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks.
Read more
Russia-China Trade Grows Despite Global Challenges, Putin Highlights
Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized
Read more
US License Expiration Imperils Russia-China Trade in Chinese Yuan
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for
Read more
Russian Finance Minister Discloses That Over 90% of Bilateral Trade With China Is Settled Outside the U.S. Dollar System
Anton Siluanov, the Russian Finance Minister, pointed out that a majority of the bilateral trade with China is being conducted outside the U.S. dollar system.
Read more
Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan
Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister
Read more