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What are carry trades and how did they contribute to this week's global market mayhem?

Authors :
KURTENBACH, ELAINE
Source :
AP Online. August 6, 2024
Publication Year :
2024

Abstract

BANGKOK (AP) — The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.” Japan’s benchmark Nikkei 225 plunged 12.4% [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
AP Online
Publication Type :
News
Accession number :
edsgcl.804412059