Global Affairs

Japan’s Yen Intervention Backfires, Turbocharging Carry Trades and Signaling Lingering Weakness

Japan's recent currency intervention, aimed at strengthening the yen, has paradoxically 'turbo charged' the…

CFTC’s New Advisory Panel Tackles Emerging Risks in Prediction Markets

The CFTC's new Innovation Advisory Committee convened to address emerging risks in prediction markets.…

Global Markets Edge Lower Amid Treasury Yield Surge and Iran Tensions; Gold and Ross Stores Defy Downtrend

Global stock futures were mostly flat on Friday after a sharp Wall Street sell-off,…

JPMorgan Strategist Warns U.S. Bond Intervention is Like ‘Paying Your Mortgage with a Credit Card’

JPMorgan's James Sullivan warns that the U.S. Treasury's bond market intervention, involving buybacks and…

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