The Great Debate

from MacroScope:

Central banks should hedge: Gary Smith

August 10, 2010

Gary Smith, head of central banks, supranational institutions and sovereign wealth funds at BNP Paribas Investment Partners, has written a special guest blog for Macroscope in which he argues that central banks should consider ways to hedge their FX reserves against the crisis.

A rising tide of capital controls

November 19, 2009

jamessaft1.jpg(James Saft is a Reuters columnist. The opinions expressed are his own)

Easy money in the United States, a falling dollar and growing flows of funds seeking better returns in emerging markets are touching off a new round of capital controls in hot emerging markets, a trend that could accelerate and will at the very least increase market volatility.

A rally that is both rational and crazy

November 10, 2009

(Jjamessaft1ames Saft is a Reuters columnist. The opinions expressed are his own)

Stocks and other risky assets are rallying around the world this week because the Group of 20 nations said on the weekend they would keep the economic stimulus flowing, a state of events which illustrates where we are and what a very strange place it is.

from The Great Debate UK:

Is a bubble burbling in financial markets?

November 4, 2009

JaneFoley.JPG-Jane Foley is research director at The opinions expressed are her own.-

Position fatigue prompting short-term dollar rethink

September 28, 2009

— Neal Kimberley is an FX market analyst for Reuters. The opinions expressed are his own —

Getting ready for the dollar’s fall

August 20, 2009

Agnes Crane It just won’t go away, this needling worry about the U.S. dollar losing its coveted top-dog status.

Get ready for the “Great Immoderation”

By J Saft
May 8, 2009

James Saft Great Debate — James Saft is a Reuters columnist. The opinions expressed are his own —

The recession will soon be dead, laid to rest alongside the idea of the “Great Moderation”, a set of hopeful assumptions that underpins expectations about economic growth and asset valuations.

Uncertain Fed support sinks bonds

April 30, 2009

John Kemp Great Debate— John Kemp is a Reuters columnist. The views expressed are his own —

The bond market’s adverse reaction after the Fed announced no new asset purchase facilities or bond buyback programs highlights the fundamental difference between interest rates and quantitative easing (QE).

G20: Vows to act but few specifics

April 15, 2009

g20— Kenichi Kawasaki is managing director and senior analyst at Nomura Securities’ Financial and Economic Research Center. The views expressed are his own —

World stuck with the dollar, more’s the pity

By J Saft
March 27, 2009

jimsaftcolumn5— James Saft is a Reuters columnist. The opinions expressed are his own —

The dollar is, and will remain, the U.S.’s currency and its own and everyone else’s problem.