| France credit rating downgrade will have wider repercussions By Burhan Khadbai French government bonds (OATs) have been under pressure for much of 2024 amid fears that a higher-than-expected fiscal deficit would significantly increase the issuance of debt. Those fears were confirmed with the 10 October budget and OATs are facing renewed scrutiny from investors with a potential rating downgrade on the horizon. Read the full commentary → |
Renminbi dilemma for Chinese authorities
By Mark Sobel
China’s economy is being rocked by enormous headwinds – excess leverage, local government debt, housing sector woes, de/disinflation, contracting manufacturing and weak service sector growth.
MEETINGS
Dollar dominance: for how long?
Friday 25 October, Roundtable
This off-the-record roundtable examines the geopolitical and macroeconomic issues influencing the dollar’s status in global markets and investigates how asset allocation preferences by central banks, sovereign funds and other holders may be shifting.
ON DEMAND
William Dudley on the monetary policy outlook for the US
William Dudley, president of the Federal Reserve Bank of New York (2009-18) and chair of the Bretton Woods Committee, joins Mark Sobel, OMFIF chair, to discuss the outcomes of the September Federal Open Market Committee meeting and the outlook for US monetary policy.
LATEST REPORT
Digital assets 2024
This year’s report reveals two novel sources of data indicating a slow but steady gathering of momentum behind the adoption of blockchain. It also features the first league tables detailing the main players in the world of blockchain bond issuance.
