Daily Dispatches

By Danielle Bochove
Bloomberg News
Thursday, June 6, 2019

If push comes to shove, one of the world's largest gold miners is prepared to do an end run around the U.S. should President Donald Trump's threatened tariffs on Mexican goods bite.

By Davide Ghiglione and Valentina Romei
Financial Times, London
Wednesday, June 5, 2019

Debate is growing in Italy about the suggestion that a new domestic currency could be introduced by the government to pay its debts -- and the possibility that Rome's Eurosceptic coalition might use it to facilitate the nation's departure from the euro.

By Abhinav Ramnarayan, Virginia Furness
Reuters
Tuesday, June 4, 2019

LONDON -- China may be expanding its investments beyond U.S. Treasuries into debt issued by top-rated European and other government agencies, allowing it to keep its money in dollar assets while picking up some extra yield, bankers with knowledge of the matter say.

Venezuela Defaults on Gold Swap with Deutsche Bank

By Patricia Laya
Bloomberg News
Tuesday, June 4, 2019

Venezuela has defaulted on a gold swap agreement valued at $750 million with Deutsche Bank AG, prompting the lender to take control of the precious metal which was used as collateral and close out the contract, according to two people with direct knowledge of the matter.