Rachel Evans, Bloomberg's managing editor for FX and rates, dives into the reliability of US economic data and its global impact. She discusses how agencies struggle with funding while producing critical statistics that can sway trillion-dollar markets. Evans also highlights the rising cyber threats to Europe’s solar panel infrastructure, warning that even a single hack could jeopardize the entire electric grid. Additionally, she elaborates on the expected interest rate cuts from the European Central Bank and their implications amidst an economic slowdown.

Rachel Evans, Managing Editor for Foreign Exchange and Rates, unpacks the carry trade strategy, where investors borrow in one currency to invest in others. She discusses recent fluctuations in the Japanese yen and their potential effects on the market. The conversation also highlights the influence of global monetary shifts and geopolitical events on carry trading strategies. Evans connects past market crises to current dynamics, emphasizing how central bank policies and market sentiment continue to shape investor strategies today.