“Within that loner bubble is a connection with a dog, a cat, a hedgehog,” said one marketing expert.
LONDON (Reuters) – Hedge funds betting that the Swiss franc will climb further against the euro will soon meet their match, according to investors who are taking the other side of the trade.
Investors could lose $864 billion on debt with negative yields over the next 12 months, according to Daniel Tenengauzer, head of markets strategy at Bank of New York Mellon (NYSE:BK) Corp. He predicts bond holders could separately shed another $176 billion in lost purchasing power through the securities, which would guarantee a loss if held to maturity.
Lay-offs could be in the range of 24,000, one analyst suggested.
“It’s a huge disruption. We’re selling simple consumer products that are of no strategic significance to China or the U.S., and we’re just caught in the middle,” said one CEO.
TOKYO (Reuters) – The Japanese yen held onto gains against the dollar on Friday, as fresh doubts about the scale of the coronavirus outbreak supported demand for safe-haven currencies.
Valentine’s Day flower sales are down 90 percent, said one Beijing florist.
BRASILIA (Reuters) – Brazil’s real rose more than 1% against the dollar on Friday to chalk up its biggest rise since late November after the central bank intervened in the swaps market for the second straight day following the currency’s slump this week to new lows.
One of the most gloomy outlooks to date for the real, it assumes renewed selling pressure will knock away any support the currency gets from the central bank’s intervention in the swaps market this week.
Small steps such as single-engine taxiing and the use of lighter materials already cut around 1-2 percent of emissions each year.