September 28, 2022
  • September 28, 2022

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S&P 500 rises after Amazon earnings, jobs report

by on February 4, 2022 0
The S&P 500 and Nasdaq Composite rose on Friday, pushing major stock indexes to weekly gains, after a better-than-expected January jobs report showed the economy continues to grow solidly. The tech-focused Nasdaq Composite jumped 219.19 points, or 1.6%, to end at 14098.01, a day after the index posted its biggest loss since September 2020.... Read More

Sterling rises as UK inflation jumps

by on January 19, 2022 0
The British pound is in positive territory after falling for three consecutive days. GBP/USD broke through the 1.36 line and is trading at 1.3635 during the North American session, up 0.27% on the day. UK inflation at 30-year high Anyone who reads the news has seen many headlines shout “US inflation hits 30-year high!”.... Read More

German 10-year bond yield is trading in positive territory

by on January 19, 2022 0
Outgoing Finance Minister and new German Minister Chancellor Olaf Scholz delivers a speech during the handover ceremony with his successor at the German Federal Ministry of Finance in Berlin, Germany, December 9, 2021. Tobie Schwarz | Reuters Borrowing costs for the German government continued their ascent on Wednesday, with the benchmark 10-year Bund yield... Read More

The inflation challenge for central banks

by on January 16, 2022 0
idea room There is still considerable uncertainty about the trajectory of the Covid-19 pandemic and its effects on the global economy. Inflation has recently increased around the world and many central banks around the world will raise their key rates to stabilize inflation in 2022, says Dr. Murat Ungor. GDP fluctuations to date during... Read More

Bank of England to step up talks on crypto rules

by on December 22, 2021 0
It hasn’t been easy for the Bank of England (BoE) to find the information it needs on institutional cryptocurrency exposure. As a result, the UK central bank has said it plans to step up the pace of global negotiations to establish regulations on the world’s newest assets. Sarah Breeden, director of financial strategy and... Read More

Stocks fall as hawkish central bank tilt upsets markets

by on December 17, 2021 0
A man wearing a protective mask, amid the COVID-19 outbreak, is reflected on an electronic board displaying stock prices outside a brokerage house in Tokyo, Japan, September 21, 2021. REUTERS / Kim Kyung-Hoon Register now for FREE and unlimited access to Register Stocks slide in all regions, oil prices fall The BoJ takes... Read More

Sunset Market Commentary – Forex Stock

by on December 13, 2021 0
Markets 20. This is roughly the number of central banks that will hold their last policy meeting in 2021. The big events this week notably the Fed (Wednesday), the Bank of England and the ECB (both Thursday). Turkey, Norway, Switzerland, Japan, Russia, Hungary and many more along with important economic data (EMU PMI, US... Read More

FOREX-Dollar declines with Fed policy decision in sight

by on November 1, 2021 0
* Chart: Global exchange rates (add analyst comment, update prices) By John McCrank NEW YORK, Nov. 1 (Reuters) – The dollar eased against its main rivals on Monday, after posting its biggest daily rise in more than four months in the previous session, as traders position ahead of the highly anticipated meeting of... Read More

Towards green balance sheets for central banks

by on October 28, 2021 0
In 2020, the Bank of England (BoE) became the first central bank to disclose climate risks associated with its monetary portfolio. In a report, the UKThe central bank has taken stock of its climate-related financial risks in all of its operations, including how it manages them. There is now no doubt among central bankers... Read More

EUR / GBP likely to be volatile as BOE-ECB risks grow

by on October 27, 2021 0
Key talking points: EUR / GBP ffinds support as traders prepare for ECB and BOE meetings The GBP’s hawkish expectations give way to disappointment EUR / GBP continues to trade on a downtrend, with the pound remaining supported by expectations that the Bank of England will need to step up efforts to reduce monetary... Read More

The only way is to go up: business leaders warn about prices

by on October 21, 2021 0
Adds details on CBI, AutoNation, SouthWestern and Unilever investigation Unilever warns prices will continue to rise next year Randstad says labor shortages will persist for years UK manufacturers have been increasing their prices more and more since 1980 October 21 (Reuters) – For central bankers grappling with whether inflationary pressures are transient, industry leaders... Read More

FOREX-Dollar at 2021 Highs Even as US Government Shutdown Looms

by on September 29, 2021 0
* Chart: Global exchange rates (Price updates) By Iain Withers LONDON, Sept. 29 (Reuters) – The dollar soared on Wednesday and peaked in 2021 against rival currencies, even as disputes in Washington over the US debt ceiling threatened to plunge the government into shutdown. The greenback – the global reserve currency seen as... Read More

Latin America Inflation Threat Sparks More Hikes: Green Week

by on September 25, 2021 0
(Bloomberg) – Latin America’s fight against soaring consumer prices is expected to shift to a new front this week, with Colombia set to become the region’s fifth-largest economy under a targeting regime. inflation aimed at tightening monetary policy. Bloomberg’s Most Read Bogota’s central bank is almost certain to join its peers on Thursday and... Read More

Wall Street posts weekly gains as bond yields rise

by on September 24, 2021 0
Newsletter: Not covered The most important market trends and how the best minds on Wall Street are responding to them. Delivered every day of the week. Stocks on Wall Street faltered on Friday and public debt was liquidated as investors closely watched the ongoing Evergrande crisis and digest hawkish signals from several major central... Read More

Reclaiming central banks by Ann Pettifor

by on September 21, 2021 0
By serving private capital markets rather than citizens and taxpayers, central banks are a major obstacle to meaningful climate action. Half a century after US President Richard Nixon and his advisers reshaped the international monetary system, now we must transform it again. LONDON – Fifty years ago, a US president closed the gold window,... Read More

GBP / USD technical analysis: possible rise

by on August 11, 2021 0
GBP / USD is moving within a very narrow range in light of the pound’s stubbornness against the strength of the US dollar. The dollar strengthened after impressive US employment figures, which showed the extent of the rapid economic recovery from the effects of the epidemic, paving the way for Federal Reserve policy tightening.... Read More

Lake County News, California – The next great financial crisis could be triggered by climate change – but central banks can prevent it

by on July 20, 2021 0
Climate change and policies to prevent it can shake up the economy. Citizen of the Planet / Education Images / Universal Images Group via Getty Images In 2008, as big banks started to go bankrupt on Wall Street and as the housing and stock markets collapsed, the country saw how crucial financial regulation is... Read More

What does central bank divergence mean for FX?

by on July 9, 2021 0
There has been a massive change in the world of central banking lately. Some have taken small steps towards getting out of cheap money and ultimately raising interest rates, but others have not. We appear to be entering a period when economies that raise their rates may see their currencies appreciate against those that... Read More

Tresor Pulse – Forex, Treasuries, Bonds, Stocks

by on July 3, 2021 0
Global Forex Market INVESTORS ‘appetite for risk in global markets was mixed during the week amid end of month / quarter flows. Investors were watching a series of US Tier 1 data releases to gauge the direction of US interest rates and inflation expectations. The dollar dominated the forex market due to favorable risk... Read More

GBP / USD technical analysis: sales increase

by on June 10, 2021 0
It has often been noted that sterling’s gains could be subject to evaporation if current fears about the future of ending plans to reopen the UK economy persist. This is in the midst of the emergence of variable strains of the COVID-19 outbreak, negatively affecting the UK vaccination route, compared to other global economies.... Read More

Supervisors step up pressure on banks to tackle climate risk

by on May 31, 2021 0
Two motorized paragliders circled the headquarters of the European Central Bank earlier this year, before landing there to unfurl a bright yellow Greenpeace banner declaring “Stop funding climate killers”. The message to the region’s monetary policy makers was clear. The specific target of the protesters was the more than 300 billion euros in bonds... Read More

Cathie Wood says central banks could add crypto to their balance sheets. Here is the list of bitcoin skeptical central bankers who think otherwise. | Currency News | Financial and business news

by on May 28, 2021 0
Cathie Wood is CEO and Chief Investment Officer of ARK Invest, which manages three of the most profitable ETFs of the past three years. ARK Invest Superstar investor Cathie Wood said on Thursday that central banks in emerging markets may add cryptocurrencies to their balance sheets to hedge against the effects of deflation as... Read More

Back from Brink, but overtaken by GBP / USD

by on May 9, 2021 0
– GBP / EUR is considering rally to 1.16 but gains are slowing– Pending the realization of bullish recovery forecasts in the United Kingdom– Is overtaken by the GBP / USD pair during the fall of the USD, global rally– Probable outperformance of EEC and Asian currencies in the short term Image © Adobe... Read More

The dollar and the Fed

by on May 9, 2021 0
A growing chorus of economists have argued that the Fed should aim for nominal GDP. Inflation of 2%, which the Fed is targeting at 2% (now on an average basis, but no term for the average has been declared) and real growth of 3%, has been an elusive but desired goal. In nominal terms,... Read More

Dollar near one-week low ahead of US jobs data

by on May 7, 2021 0
LONDON (Reuters) – The dollar was stuck around a one-week low on Friday, under pressure from US employment data which should underpin hopes of a strong economic recovery from the pandemic and increase investor risk appetite. FILE PHOTO: The US dollar bills are seen in front of the stock chart displayed in this illustration... Read More

BoE: to taper or not to shrink

by on May 6, 2021 0
At first it appeared that a softer-than-expected ADP report would rekindle the appetite of growth stocks, but the winds of reflation quickly returned to the market, forcing US big tech to erase previous gains and close the market. session down 0.37%. Dow advanced 0.29%. The next big test for the market is for Friday’s... Read More

How Central Banks Tackle Climate Change Risks – The European Sting – Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology

by on May 5, 2021 0
(Credit: Unsplash) This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Silvia Anna Ainio, Policy Officer, European Commission Central banks are playing an increasingly critical role in tackling climate change policy goals. Integrating climate-related risks into regulatory frameworks remains difficult, but central banks... Read More

Stocks stall near highs, dollar goes higher

by on May 4, 2021 0
Global stock indices stagnated near all-time highs on Tuesday, and dollar and government bond yields soared as some of the world’s largest economies continued to ease restrictions on COVID-19. Soaring prices for almost everything from wood and wheat to metals and microchips have fueled discussions of a spike in inflation. Sensitive cyclical sectors including... Read More

An e-yuan, a euro or a dollar? The world’s central banks are getting to grips with digital cash

by on April 29, 2021 0
The rise of central bank digital currency Large economies are exploring the options available. Image: iStock BUSINESS The world’s largest central banks are stepping up efforts to issue digital cash to fend off emerging threats to traditional currency and make payments systems smoother. In recent weeks, China’s central banks in the UK have stepped... Read More

The central bank as a printing company

by on April 26, 2021 0
By Obadiah Mailafia Joseph Mubiru (1929-1971), was the first Governor of the Bank of Uganda. Highly competent technocrat; he was once ordered to print money by the strong man in the country’s army, General Idi Amin, which he politely refused to do. For professional reasons. He was fired and then murdered. Central bankers live... Read More

Central banks must act now on climate change

by on April 21, 2021 0
The writer is Managing Director of Fidelity International “There have been three great inventions since the dawn of time”, the American humorist Will Rogers would have said: “The fire, the wheel and the central bank“. Rogers made his comment about a century ago, and central banks are now more influential than ever. They have... Read More

UK discusses creation of ‘Britcoin’, its own central bank-backed cryptocurrency

by on April 20, 2021 0
British authorities have confirmed that they are already studying the feasibility of launching a national cryptocurrency that they are already calling “ Britcoin ” on social media. Free preview of the book Smart Solopreneur This book gives you the essential guide to easy-to-follow tips and strategies to create more financial success. April 20, 2021... Read More