What Goes Up

Currency Wars

On Monday, China let its currency depreciate by the most since 2015, then later in the week President Donald Trump put more pressure on the Federal Reserve to cut interest rates to weaken the U.S. dollar. Has the trade war morphed into a currency war? And what are the implications for global markets? Bloomberg's Emily Barrett fills in as co-host on this week's “What Goes Up” podcast for Sarah Ponczek, while Bloomberg’s macro strategist Cameron Crise and currencies reporter Katherine Greifeld also join the conversation.Mentioned in this podcast:<a href="https://www.bloomberg.com/news/articles/2019-08-05/dollar-intervention-risk-rises-as-yuan-slump-stokes-fx-war-bets">U.S. Intervention Odds Rise as Yuan Plunge Fuels Trump’s FX Fury</a><a href="https://www.bloomberg.com/news/articles/2019-08-01/what-exactly-does-trump-want-for-the-dollar">What Exactly Does Trump Want for the Dollar?</a><a href="https://www.bloomberg.com/news/articles/2019-08-09/meet-the-spy-11-kids-with-250-billion-riding-on-their-lives">The Fate of the World’s Largest ETF Is Tied to 11 Random Millennials</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.