The answer could help the central bank solve one of the most puzzling paradoxes of the modern economy.
(Bloomberg) — The lira fell with Turkish government bonds as Russian President Vladimir Putin expressed concern over Ankara’s military campaign into northeast Syria, compounding a volatile week marked by an international backlash to the Turkish incursion.
Investing.com – The pound jumped to an intraday high on Friday after U.K. Prime Minister Boris Johnson said he thought there was a way forward for a Brexit deal with the European Union, adding that “there is work to be done.”
(Bloomberg) — President Donald Trump continued to send positive vibes about getting a trade deal with China.
The reduction in the highest of the nation’s three VAT brackets could be announced as soon as this week, when political leaders are gathering in Beijing for the annual National People’s Congress, the person said, who declined to be named as the matter isn’t public.
(Bloomberg) — Mario Draghi just isn’t being allowed a victory lap during his final weeks in office as European Central Bank president.