The Norwegian Oil Fund is the world's largest sovereign wealth fund. As the fund continues to grow rapidly, Norway and its currency (NOK) becomes more exposed to global finance than to oil prices.
We have received an enormous amount of feedback on China's digital currency project since January. We will be writing each month here as a consequence.…
Grant Wilson
In Part I, we discussed the remarkable resilience in China's external balance in 2020. Here we focus on the capital outflows that are the counterpart t…
Alex Etra
What initially looked like a hit to global supply chains in China, turned into a global shock that ultimately supported China's external balance signif…
Alex Etra
The Federal Reserve USD swap use was comparable to 2008-09; this time Japan benefitted most, while some euroarea countries accessed more than others
Chris Marsh
Central Bank Digital Currency (CBDC) could replace cash transactions in coming years, but also has the potential to reshape the process of credit and m…
Chris Marsh
Were non-banks or foreign investors to blame for dysfunction in UST markets in March 2020? For policy-makers and investors, getting the answer right co…
Alex Etra
Sustainability reporting is coming of age. It will fundamentally reshape global financial markets, and even society at large.
Grant Wilson
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