US Dollar Status as Global Reserve Currency Slides by Wolf Richter • Sep 30, 2019 • 99 Comments If the US dollar loses its hegemony as a global reserve currency, it would be a sea change globally, and specifically for the US economy. Today, we got the next installment in that saga.
Foreign Exchange Trading Soars to $6.6 Trillion a Day, US Dollar is Total King by Wolf Richter • Sep 18, 2019 • 68 Comments Ginormous numbers, FX swaps and spot trades, USD, EUR, JPY, GBP, Australian & Canadian dollars… but where the heck is China’s CNY?
World Trade Skids for First Time Since Financial Crisis by Wolf Richter • Aug 25, 2019 • 56 Comments Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
World Trade in Face of Tariffmageddon, Trade Wars & Manufacturing Slowdown by Wolf Richter • Jul 25, 2019 • 70 Comments Consumers and companies keep plugging, the world has not come to an end.
Bank of Japan Stealth-Tapers Further by Wolf Richter • Jul 2, 2019 • 48 Comments Bank stocks crushed by negative interest rates, broader market goes nowhere in 4 years despite BOJ’s equity purchases.
And the US Dollar’s Status as Global Reserve Currency? by Wolf Richter • Jul 1, 2019 • 72 Comments Apocalypse not now.
Who Bought the Nearly $1 Trillion of New US Government Debt over the Past 12 Months? by Wolf Richter • Jun 17, 2019 • 74 Comments The Fed & China dumped. But there was huge demand elsewhere. Here’s who bought.
QE Party Over, Bank of Japan Stealth-Tapers Further by Wolf Richter • May 11, 2019 • 54 Comments Straggler behind the Fed and the ECB gets the drift.
Who Bought the Huge $1.26 Trillion of New US Government Debt over the Past 12 Months? by Wolf Richter • Apr 15, 2019 • 66 Comments There was strong appetite. Only the Fed shed them. Here’s who bought.
US Still Cleanest Dirty Shirt Among Manufacturing Giants, Germany Drops to Debt Crisis Levels, Japan Contracts, China Counts on Government Bailout of Private Sector by Wolf Richter • Apr 1, 2019 • 45 Comments But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.”
