Bloomberg In the two years since the US-China trade war erupted, Australia’s dollar has weakened around 10%. It may drop even further when the dispute is resolved. The Aussie could slide more than 5% to 65 US cents this year, according to QIC Ltd and Capital Economics. If Beijing buys more American goods at the expense of Australian products as ...

Bloomberg Paras Shah, Citigroup Inc’s head of high-yield credit trading for Europe, the Middle East and Africa and one of its highest-profile traders, has left the bank, according to people familiar with the matter. The 31-year-old departed this month, according to some of the people who aren’t authorised to speak publicly and asked not to be named. Shah worked at ...

“It’s difficult to make predictions, especially about the future” —Statement often attributed to Yankees baseball star Yogi Berra We are at that time of year when economic columnists (and all manner of other commentators, too) are expected to make wise and insightful judgments about the next 12 months. You should be wary of these predictions, which are highly ritualistic and ...