Six years ago, the People’s Bank of China devalued the yuan by nearly 3 per cent against the US dollar over two days, now it is laying out its policy plans to support the currency.| South China Morning Post
Nvidia reported better-than-expected earnings and revenue after the stock market closed today. Revenue growth has now exceeded 50% for nine straight quarters. Nvidia is one of several mega-cap technology stocks that have fueled the bull market in the US, causing it to outperform overseas stock markets. The outperformance| Yardeni QuickTakes
How the US stablecoin/digital yuan arms race creates instability risks and undermines monetary sovereignity around the world.| naked capitalism
The naira ended the week on a slightly weaker note in the parallel market, trading at N1,560/$1 on Friday. This| Nairametrics
Does Germany's massive fiscal package mark the beginning of a lasting regime change or just another chapter in market volatility?| CFA Institute Enterprising Investor
The naira traded around the N1,600/$ mark on Tuesday in the unofficial market and depreciated to N1,550/$ in the Nigerian| Nairametrics
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” Ernest Hemingway, The Sun Also Rises, 1926. The financial position of the federal government of the United…| James Turk Blog