اولین تجربه نسبت ترازنامه بانک مرکزی به تولید ناخالص داخلی ۱۲۰ درصد تاریخ پولی جهان در ژاپن
Biggest experience in monetary history. Bank of Japan's balance sheet has topped 120% of GDP. The question is how much longer the balance sheet can continue to grow without markets losing confidence in the central bankers. Last but not least, #Japan is the testing ground for #MMT
@TMSCGC
Biggest experience in monetary history. Bank of Japan's balance sheet has topped 120% of GDP. The question is how much longer the balance sheet can continue to grow without markets losing confidence in the central bankers. Last but not least, #Japan is the testing ground for #MMT
@TMSCGC
FX weekly: The USD will remain the No 1 reserve currency
Even if we have been clear EUR/USD bulls since spring, we find several reasons to worry for the USD bear crowd. Positioning is stretched, the $-liquidity impulse is negative, and activity is stalling. It is just too early for >1.20 levels in EUR/USD.
https://e-markets.nordea.com/article/59193/fx-weekly-the-usd-will-remain-the-no-1-reserve-currency
Even if we have been clear EUR/USD bulls since spring, we find several reasons to worry for the USD bear crowd. Positioning is stretched, the $-liquidity impulse is negative, and activity is stalling. It is just too early for >1.20 levels in EUR/USD.
https://e-markets.nordea.com/article/59193/fx-weekly-the-usd-will-remain-the-no-1-reserve-currency