Bruegel Publications Timely measurement of real effective exchange rates Bruegel, Global economy and trade, global governance, trade, trade policy December 23, 2021
report August 5, 2026 Hormuz: Who Writes the Rules of Passage? How the SoH moved from physical closure to competing systems of permission, insurance and verification... By Shahin Iraninejad Global South Strategic Intelligence
report August 5, 2026 Good-bye USD Dominance, Hello Again JPY The yen has been making a quiet comeback as a global currency. As a share of global FX reserves, its share rose from 3.4% in 2009 to 5.8% in 2025, despite the headwind of yen depreciation.... By Takuji Okubo Japan Macro Advisors
report August 5, 2026 Hormuz | Quick Market Comment Situational awareness in a short squeeze. Beneath the Sea to the Rugs Beneath... By Alessio Farhadi Speevr Intelligence
report August 3, 2026 Takaichi buys time with joint intervention but tough decisions still await A currency alliance offers a reprieve, but Takaichi's fiscal vision faces scrutiny... By Tobias Harris Japan Foresight
report August 3, 2026 The Warsh Factor in the JGB Curve The US bond market is charging a risk premium as the new Fed chair obfuscates. About a quarter of that lands on JGBs, raising 10Y about 10bp at end-2026.... By Takuji Okubo Japan Macro Advisors
