THE WisdomTree BLOG
Interesting times for the euro. Relative to the Canadian dollar, it may be nearing the end of its four-year uptrend. But where is it heading next?
Last week, the Fed cut the federal funds target range by a quarter-point. And while you could say the Fed is back in data-dependent mode, it appears as if U.S. monetary policy is still leaning toward another rate cut this year. Kevin Flanagan discusses.
Japanese Prime Minister Shinzō Abe and his ruling coalition won a very comfortable majority, but fell short of gaining the two-thirds supermajority required for fast-track constitutional reform in the recent Upper House election. Jesper Koll outlines the key signposts and challenges immediately ahead for Japan.
One overarching question that many investors ask is, Why is the Fed so intent on cutting rates? If judging solely on low unemployment and an impressive June jobs report, many wouldn’t think we should be having a rate-cut discussion. Kevin Flanagan explains why a July rate cut is still likely.