Remember gold? It seems like only six years ago the shiny metal was flavor of the month, hitting a record $1,900 a troy ounce while its backers prophesied the end of the fiat money system. With bitcoin sucking up all the crazy in financial markets, gold looks to have lost its luster. The CBOE/Comex Gold Volatility Index, a rough proxy …

Bloomberg Not everyone is convinced that the European Central Bank will be able to move as slowly as it wants on the path away from extraordinary stimulus. At least six banks including Nomura International Plc and Barclays Plc predict that President Mario Draghi will raise interest rates as soon as next year. While those forecasts are outliers — most investors …

Bloomberg A small economy that’s constantly battling risks beyond its control like typhoons and oil prices has been one of the most successful in managing inflation in Asia. The Philippine central bank, which has an annual inflation target that’s currently set at 2 percent to 4 percent, met its goal six times in the past eight years and the two …