Home Banking Fears of Japanese yen intervention, European exceptionalism, and more

Fears of Japanese yen intervention, European exceptionalism, and more

by admin
THE DAILY UPDATE Thursday 31 March 2022
Markets overreacting to fears of Japanese yen intervention
By Mark Sobel
The Japanese yen’s recent depreciation against the dollar has elicited much market hand-wringing about how officialdom might respond and whether authorities could intervene to staunch the decline. But the foreign exchange market’s fretting seems overdone. There are good fundamental reasons for the yen’s depreciation. Trading in yen is orderly. There should be little for the FX market to get terribly excited about.
239x250
 European exceptionalism and Ukrainian war
By David MarshIn 
The Worm in the Apple, Christopher Tugendhat explains how the Conservatives – the dominant party in post-war Britain – switched from general pro-European sentiment after 1945 to scepticism or downright opposition in the past 30 years. 
 
239x250
 MEETINGS 
Chief economists briefing
Tuesday 5 April
This virtual roundtable will assess monetary and fiscal developments across the euro area, UK and US. The discussion will include inflation expectations, prospects for growth, the impact of Russia’s invasion of Ukraine on global markets, supply chain disruptions and rising energy prices. 
 
239x250
ON DEMAND 
The revival of inflation and the threat to central bank independence
Charles Goodhart, emeritus professor of economics at the London School of Economics and Political Science, talks to David Marsh, chairman of OMFIF, about the effects of demography and immigration, the revival of inflation and the threat to central bank independence. 
 
205x205
 Inflation: supply or demand led?
This edition of the Bulletin grapples with the global and insistent issue of inflation. It delves into the various causes of the current bout of inflation, including supply chain issues and soaring energy prices. 

You may also like

Leave a Comment