Canada & China | Capital Markets
Canada and China have agreed to support the increased use of renminbi in trade, commerce and investment between the two countries.
CAPITAL MARKETS | FOREIGN EXCHANGE
It is a changing world for FX traders. Regulatory uncertainty and low volatility are putting a damper on the foreign exchange market, with spreads narrowing by 20% already this year—to record lows.
COVER STORY: CRYPTOCURRENCIES
Still in their infancy, cryptocurrencies could change the way that companies manage payments for the goods and services that are the essence of global trade. As the bitcoin surge picks up momentum, corporate financial executives are wondering what it means for their business and how they can manage the risk of adopting—or not adopting—digital currencies.
CORPORATE FINANCING NEWS | FOREIGN EXCHANGE
Inflation in the eurozone slipped to 0.5% at an annual rate in March, its lowest level since 2009. The persistence of low inflation prompted policymakers to discuss quantitative easing (QE) and a negative deposit rate, putting some downward pressure on the euro.
CORPORATE FINANCING NEWS By Gordon Platt The European Central Bank’s refusal to ease monetary policy in the face of below-target inflation boosted the euro to its highest levels of the year in March, while the British pound rose ...
EMERGING MARKETS ROUNDUP By Antonio Guerrero Brazil posted a net foreign exchange outflow of $12.3 billion for 2013, marking the first negative balance since the 2008 global financial crisis—putting paid to Brazilian Finance minister Guido Mantega’s claims that developed markets ...
CORPORATE FINANCING NEWS By Gordon Platt The Japanese yen and the dollar rode an updraft in recent weeks caused by a flight to safety amid the emerging markets crisis. Meanwhile, the euro also was strengthened by the European Central Bank, ...
CORPORATE FINANCING NEWS By Gordon Platt Central bank policies in the major economies will likely be the main guide for currency exchange rates this year, analysts say. Janet Yellen’s confirmation as the new head of the Federal Reserve ...