Currencies
“The Turkish lira stood at 8.0990 per dollar in Asia, down 11 per cent from its close on Friday. Worries that events in Turkey will cause disruptions in other financial markets also supported the dollar because of its status as a safe-harbour currency. Worries that turmoil will spread to other emerging markets helped the dollar rise against the Thai baht, the Malaysian ringgit, and the Philippine peso. The New Zealand dollar also fell slightly to $0.7148.
The euro fell slightly to $1.1887.
The euro fell slightly to $1.1887.
Metals
Silver, platinum and palladium all retreated.
Oil
US oil was off by 68 cents, or 1.1 per cent, at $60.74 a barrel.
United States
The Capital Spectator has been quoted by a range of news organizations, including The Wall Street Journal, Reuters and others.
Europe
Last week, China s ambassador to the EU warned the bloc not to interfere in its national security affairs, saying sanctions could fuel a confrontation. The EU will probably reject AstraZeneca vaccine exports to the U.K. until the drugmaker fulfills its delivery obligations to the bloc, a senior EU official told us last night. Additional curbs on vaccine exports is one of the key topics in this week s summit of EU leaders. PayPal Vaccine TensionsVaccine tensions are simmering, with the European Union ready to start withholding Covid-19 shots from the U.K. as the bloc seeks to catch up on inoculations.
Permanent Representative to NATO, briefs media in Brussels EU foreign policy chief Josep Borrell meets Turkish Foreign Minister Mevlut CavusogluLike the Brussels Edition?Don t keep it to yourself. Nikos ChrysolorasWhat s HappeningVaccine Wars | As the EU tries to ramp up its sluggish vaccine campaign and the U.K. contends with a supply bottleneck, every dose counts.
Meanwhile, the Bank for International Settlements begins a three-day summit featuring top central bankers including the U.S. Federal Reserve’s Jerome Powell and the European Central Bank’s Christine Lagarde. The ECB is concerned about the risk of delays and also that the EU s recovery package is insufficient, Alexander Weber reports.
0 Permanent Representative to NATO, briefs media in Brussels EU foreign policy chief Josep Borrell meets Turkish Foreign Minister Mevlut CavusogluLike the Brussels Edition?Don t keep it to yourself. Nikos ChrysolorasWhat s HappeningVaccine Wars | As the EU tries to ramp up its sluggish vaccine campaign and the U.K. contends with a supply bottleneck, every dose counts.
Meanwhile, the Bank for International Settlements begins a three-day summit featuring top central bankers including the U.S. Federal Reserve’s Jerome Powell and the European Central Bank’s Christine Lagarde. The ECB is concerned about the risk of delays and also that the EU s recovery package is insufficient, Alexander Weber reports.
