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Daily Archives: August 30, 2017

FX/RATES DAYBOOK EUROPE: Kiwi, Aussie Rise; U.K. Mortgage Data

(Bloomberg) — Kiwi rebounded after falling briefly on RBNZ Governor Wheeler’s comment a weaker currency is needed to increase tradables inflation. Aussie dollar hovers below 0.80 versus the greenback after building and construction data beat expectations. TODAY * Eurozone August consumer, economic, industrial and services confidence * Germany, Spain CPI …

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MACRO VIEW COLUMNS: Markets Might Need to Price ‘Team America’ as Reality: Macro Man

(Bloomberg) — Although the idea that markets are totally rational took a battering during the financial crisis, there is still an implicit belief that most actors are rational most of the time. Similarly, the Cold War doctrine of mutually assured destruction (MAD) assumed a stable equilibrium because neither the United …

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