tyb/s
kek
Dollar edges up as more central banks turn dovish, defies lower bond yields
The dollar edged up on Thursday as many of its peers weakened after more central banks shifted to dovish policy stances amid a deteriorating global economic outlook.
The latest switch came from the Reserve Bank of New Zealand (RBNZ), which stunned markets on Wednesday by saying the next move in rates is likely to be down, joining a growing list of central banks that had turned dovish.
The dollar index against a basket of six major currencies was 0.1 percent higher at 96.879 and headed for its third day of gains.
With many of its peers going on the defensive, the dollar has been able to brush aside a decline by benchmark U.S. Treasury yields to 15-month lows.
"Treasury yields are indeed lower. But this isn't impacting the dollar very much as Treasury yields are still at attractive levels relative to those in the euro zone and now New Zealand, which has just turned dovish," said Takuya Kanda, general manager at Gaitame.Com Research Institute.
"So it is currencies like the euro, which is being dragged down by negative German yields, and the New Zealand dollar, which are suffering losses and allowing the dollar to rise in turn."
The euro was a touch higher at $1.1253. The single currency has still lost 0.45 percent this week with the benchmark 10-year bund yield having fallen to 2-1/2-year low of minus 0.09 percent.
http://br.mobile.reuters.com/article/ousivMolt/idUSKCN1R903G
https://www.marketwatch.com/investing/index/dxy
Financial terms glossary
https://www.investopedia.com/
agree collage anon. what time frame does this one cover?
>Can't wait for this one to be proven.
>Perhaps the perps can be put in a building, >with a "Pull" happening as the death >sentence….
A few false starts to ratchet up the tension wouldn't hurt either.
Who might be the prime minister to inherit the Brexit mess if Theresa May quits?
(britanons what say you?)
LONDON - British Prime Minister Theresa May on Wednesday offered to quit if her twice-defeated EU divorce deal passes, in a last-ditch attempt to persuade euroskeptics to back it.
Here are some of those who could be in the frame to replace her:
Michael Gove, 51: One of the highest-profile Brexit campaigners during the 2016 referendum, Gove has had to rebuild his Cabinet career after falling early to May in the contest to replace David Cameron, who resigned the day after losing the referendum.
Seen as one of the most effective members of the Cabinet in bringing forward new policies, the high-energy environment minister has become a surprise ally to May and has so far backed her Brexit strategy.
Gove teamed up with Boris Johnson during the 2016 Brexit campaign only to pull his support for Johnson’s subsequent leadership bid at the last moment and run himself.
Betting odds indicate he is the leading candidate to replace May and has a 22 percent chance of being the next prime minister.
Boris Johnson, 54: A former foreign minister, Johnson is May’s most outspoken critic over Brexit. He resigned from the Cabinet in July in protest at her handling of the exit negotiations.
Johnson, regarded by many euroskeptics as the face of the 2016 Brexit campaign, set out his pitch to the membership in a bombastic speech at the party’s annual conference last October — some members queued for hours to get a seat.
He called on the party to return to its traditional values of low tax and strong policing, and not to try to ape the policies of the left-wing Labour Party.
David Lidington, 62: May’s de-facto deputy prime minister, he supported “remain” in the 2016 referendum and played a key role in David Cameron’s failed renegotiation effort prior to the Brexit vote.
Lidington has been touted as a possible interim leader. At the weekend, he said he did not think he had any wish to take May’s job.
“One thing that working closely with the prime minister does is cure you completely of any lingering shred of ambition to want to do that task,” he said.
Jeremy Hunt, 52: Hunt replaced Johnson as foreign minister in July and has urged the Conservative membership to set aside their differences over Brexit and unite against a common foe: the EU.
Hunt voted to remain in the EU in the referendum. He served six years as Britain’s health minister — a role which has made him unpopular with many voters who work in or rely on the state-run, financially stretched National Health Service.
Jacob Rees-Mogg, 49: A flamboyant millionaire who cultivates the image of an English gentleman from days gone by, Rees-Mogg has developed a cult following among those who want a more radical departure from the EU than May is proposing.
Rees-Mogg, the head of the influential ERG euroskeptic group of lawmakers, announced he had submitted a letter of no confidence in the Prime Minister the day after she unveiled her draft Brexit deal.
But does he want the top job? Asked immediately after saying he had submitted his letter to depose May, Rees-Mogg said he would not be putting himself forward for the job.
Dominic Raab, 44: Britain’s former Brexit minister quit May’s government last year in protest at her draft exit agreement, saying it did not match the promises the Conservative Party made in the 2017 election. Raab served only five months as head of the Brexit department, having been appointed in July.
He was seen as a relative newcomer to the top table of government, but had served in junior ministerial roles since being elected in 2010. Raab campaigned for Brexit ahead of the referendum.
Asked earlier this month if he would like to be prime minister he said: “Never say never.”
https://www.japantimes.co.jp/news/2019/03/28/world/politics-diplomacy-world/might-prime-minister-inherit-brexit-mess-theresa-may-quits/
非常にすぐにアノン!