Oil Tests Central Bankers’ Nerves With Mideast on ‘Knife Edge’
Global central bankers fretting about geopolitics just got another sharp reminder overnight about the potential threat that the Middle East poses to their inflation fight.
Global central bankers fretting about geopolitics just got another sharp reminder overnight about the potential threat that the Middle East poses to their inflation fight.
The Cboe Volatility Index popped above 20 for the first time since October as geopolitical angst stoked wagers for added swings in US stocks.
The European Central Bank can lower interest rates before the Federal Reserve does likewise, but a prolonged deviation in monetary policy would have consequences, according to Governing Council member Boris Vujcic.
China’s securities regulator said it will encourage the nation’s companies to list in Hong Kong as it unveiled a package of measures to bolster the city’s position as an international financial hub.
Codelco, the Chilean state company battling to retain the title of world’s largest copper supplier, is enduring another production setback as one of its mines continues a gradual ramp-up after a fatal accident.
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