Global Investing

Carry currencies to tempt central banks

September 18, 2012

Central bankers as carry traders? Why not.

As we wrote here yesterday, FX reserves at global central banks may be starting to rise again. That’s a consequence of a pick up in portfolio investment flows in recent weeks and is likely to continue after the U.S. Fed’s announcement of its QE3 money-printing programme.

from MacroScope:

Argentina set for wheat windfall

August 6, 2010

Not everyone is upset about the 50 percent surge in wheat prices over the past month.

from MacroScope:

Canada dresses up for bears

April 8, 2009

For all the designer drinks and gourmet foods - from raw oysters to sushi, and the sea of men in expensive suits and bejeweled women in elegant gowns, the setting seemed fit only for celebration.