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The article reports on the performance of the U.S. dollar as of August 29, 2016. Topics include its impact in the expectation from the Federal Reserve in increasing short-term interest rates in September, the insights of Scotiabank chief foreign exchange (FX) strategist Shaun Osborne on the underexposure of the investors to the U.S. dollar, and the impact of the dollar strengthening to the prices of commodities to foreign buyers. Information on the impact of the global selloff is presented.

The article informs that the European Central Bank cut interest rates below zero to encourage consumers and businesses to spend more. It reports the consumers are saving more in Germany and Japan, and in Denmark, Switzerland and Sweden. It reports that low inflation has left consumers with more money to sock away.

The article reports that officials from the U.S. Federal Reserve are leaning toward an interest-rate increase before the end of 2016, possibly as soon as September. Topics discussed include the estimation that the U.S. economic recovery will continue as demonstrated by strong economic data and consideration for the stabilization of financial markets following the Leave vote in Great Britain. The possibility of two rate increases in the later part of the year is mentioned.

The article reports that the U.S. Federal Reserve's 7-year-old campaign to boost the economy by lowering interest rates are forcing life-insurance companies to find ways to raise rates and fees and lower the amount of interest they have to pay on savings products. It notes that policyholders will have to pay more on premiums, that long-term-care insurance was hardest hit by low interest rates, and that "universal life' insurance owners face unexpected bills of tens of thousands of dollars.

The article focuses on the investigation of alleged manipulation of the London Interbank Offered Rate (Libor) by the U.S. Commodity Futures Trading Commission (CFTC) and the British Financial Conduct Authority (FCA). According to sources, the CFTC and FCA are completing civil charges against several banks including Citigroup and HSBC for the alleged manipulation of Libor.

The article discusses the negative rates in Japan and its impact. Topics discussed include the status of Japenese economy which has struggled with persistently low inflation and weak growth despite massive program of asset purchases, the negative rates's impact for banks on passing negative rates on to their customers, and the tiered system introduced so that only the huge central-bank reserves of the banking system will be the subject to negative rates.