Yen, bonds, gold all gain at dollar’s expense

Fresh cracks appeared in global markets on Thursday as investors sought the safety of Japanese yen, gold and top-rated bonds while dumping U.S. dollars on bets the Federal Reserve could be done raising interest rates. Read more »

Sweden Cuts Key Interest Rate to -0.50%

Sweden’s central bank has decided to cut its key interest rate to a record low of minus 0.50 percent, saying the measure is necessary to safeguard the bank’s target of increasing inflation, which was still “not on a firm footing.” Read more »

Currency turmoil casts doubt on forex pegs

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Dollar hits four-month low as investors flee to safe havens

The dollar tumbled to a nearly four-month low on Tuesday as growing fears of a global slowdown pushed investors to safe-haven currencies like the Japanese yen and Swiss franc. Read more »

Deutsche Bank Is ‘Absolutely Rock-Solid (but…)

Deutsche Bank AG co-Chief Executive Officer John Cryan told employees that Germany’s largest bank is “rock solid” as investor concern about capital and funds drove down the value of its stock and bonds. Read more »