This Month
What is the yen carry trade, and why is it now melting markets?
Japan’s debt market has long been an anchor for global investors thanks to rock-bottom interest rates, but the unwinding of that lucrative trade is adding to the panic.
- Jessica Sier
July
$A hit with longest stretch of losses in a year on China woes
The Australian dollar fell for a seventh session below US67¢ as concerns about China’s economy weigh on the currency and commodity prices.
- Joanne Tran
Traders seek shelter in hard-hit assets on US election twist
Investors are bracing for volatility in the lead-up to the US presidential vote, so emerging market specialists are hiding out in South America and India.
- Carolina Wilson, Vinícius Andrade and Ronojoy Mazumdar
US regulators approve ether ETF in latest crypto milestone
The SEC has signed off on a spot ETF that invests directly in the world’s second-largest cryptocurrency. The digital asset has already jumped 50 per cent this year.
- Emily Graffeo
Struggling bitcoin miners seek deals with AI companies
They now hope to benefit from a surge in demand for powerful but scarce chips which are used in both crypto mining and AI processing.
- Nikou Asgari and Tim Bradshaw
Haven rush, ‘Trump trades’ on investor minds after shooting
Investors will likely rush into assets like the US dollar, gold and bitcoin after the assassination attempt of the former US president.
- Ruth Carson
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Why the Aussie dollar rally could just be getting started
It’s a good time for Australians to be heading overseas, with the currency’s surge to a six-month high likely to extend into the second half of this year.
- Alex Gluyas
Growing bets on Fed rate cuts boost $A to six-month high
Evidence of weaker US growth and a deteriorating job market bolstered conviction that the Fed will cut rates imminently, triggering a rally in commodities.
- Alex Gluyas
June
Bond yields retreat as traders temper RBA rate hike fears
Traders have pared bets that the RBA will raise rates this year, with some economists warning that financial markets overreacted to May’s inflation figures.
- Alex Gluyas
Yen’s free fall exposes the Fed’s grip on markets
The yen is plunging through milestone levels in rapid succession and likely won’t stop until the Federal Reserve finally pivots on rates.
- Carter Johnson and Anya Andrianova
Why now’s a good time to visit Europe (and it’s not the Olympics)
French political turmoil is good news for Australians heading to Europe with the dollar trading at its highest level against the euro in a year.
- Cecile Lefort
ASX bitcoin ETF launch opens gates to wider cryptocurrency industry
The markets watchdog has told investors to “only put in what they are prepared to lose” after Australia’s main exchange operator opened the door to bitcoin.
- Updated
- Joshua Peach
