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carry trade

Opinion | With US rate cuts on the horizon, the glass looks half full again

by Walter Watson
Opinion | With US rate cuts on the horizon, the glass looks half full again

A day before the Jackson Hole symposium, the Fed released the minutes of its latest Federal Open Market Committee meeting, which left US interest rates unchanged at 5.25-5.5 per cent. …

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Opinion | Why messy end to negative interest rates won’t dent Japan’s appeal

by Anas Siddiqui
Opinion | Why messy end to negative interest rates won’t dent Japan’s appeal

This fuelled a sharp rally in the yen, causing a disorderly unwinding of the yen-funded “carry trade” and contributing to a staggering 20 per cent decline in the Topix index, …

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