Sources indicate that dealmaker Michael Grimes is expected to head the new U.S. sovereign wealth fund.
Deutsche Bank Warns About Potential Loss of Safe-Haven Status for the US Dollar
As of today, the GDPNow model from the Atlanta Federal Reserve shows a projected GDP of -2.4%.
Eurogroup president asserts that the euro has a “definitive trajectory” toward increased use as a reserve currency.
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China’s central bank introduces a 500 billion yuan swap facility to strengthen the capital market.