Reuters (September 10)
“Wildfires across the U.S. West are among the sparks from climate change that could ignite a U.S. financial crisis by damaging home values, state tourism and local government budgets.” This was just one of the findings of an advisory panel to the Commodities Futures Trading Commission.
Tags: Budgets, CFTC, Climate change, Financial Crisis, Findings, Home values, MRAC, Sparks, Tourism, U.S., Wildfires
The Wall Street Journal (November 28, 2013)
“Investors are piling into bets against the yen.” Based on data from the Commodity Futures Trading Commission (CFTC), “wagers that the Japanese currency will slide against the U.S. dollar have surged to the highest amount this year and are within striking distance of levels not seen since 2007.” With the Fed poised to taper and the Bank of Japan set to maintain and possibly expand its already aggressive monetary easing program, some expect the exchange rate to move to 110 yen versus the dollar.
Tags: Bank of Japan, CFTC, Currency, Dollar, Exchange rate, Fed, Investors, Monetary easing, Taper, U.S., Yen
