Tag Archives: BoE

The U. S. dollar regained bullish traction on Friday and is rallying nearly 0.5%, erasing the previous two days’ losses. The USD/JPY is testing levels above 114.00 at the time of writing, after having bounced up from two-week lows at 113.25 on Thursday. Higher inflation expectations and stronger yields are …

The GBP/USD slides for the third time in the week, looking forward to ending the week in the red, down 0.67%, trading at 1.3696 during the New York session.Worse than expected, heavy-tech US Q3 corporate earnings on Thursday and concerns about inflation and tight monetary policy dampened market sentiment, weakening …

The Bank of England has told banks and insurance companies that it will impose its powers to crack down on them if they default to manage climate risks.The central bank begins to review a potential introduction of capital requirements linked to unsustainable assets.The Bank said on Thursday it would take …

Bank of England interest rate-setter Silvana Tenreyro said she needs more time to judge how the end of the government’s job-saving plan impacts the labour market, adding to signs that she sees no urgency to raise rates.Uncertainty over the effects of the unpaid leave plan should be resolved over the …

From Europe to the United States, market drivers ranged from unemployment, inflation-related concerns, earnings and alarming losses to inventories of energy, particularly natural gas. On Friday, Fed’s Chair Jerome Powell officially announced that the U. S. economy is ready for reducing the asset purchases, however, he did not think that …

Consumer Price Index data from the U. S. Labor Department and FOMC minutes represented the key market drivers on Wednesday. Inflation is still steering the both the U. S. economy and fiscal policy as prices continued their ascent in September. Social Security benefits will rise 5.9% in 2022, the highest …

Cryptocurrency market is double the size of the sub-prime debt in the U.S. on the eve of the financial crisis posing a threat unless urgently regulated according to the Bank of England.Crypto assets are worth $2.3 trillion, about 200% more than at the start of 2021. While that represents a …

I am going to speak this evening about the state of the economy and about monetary policy as the recovery from Covid unfolds. The title of this speech, The Hard Yards, is I think a saying that originated in sailing, though I associate it more with forward play in rugby. …

Bank of England’s Governor Andrew Bailey said some MPC members put more emphasis on the continuing shortfall in the level of GDP relative to pre-Covid whereas others emphasized the continuing direction of travel towards closing that gap and the evidence of cost pressures accompanying the closing.“All of this group were …

A global bond downturn pushed US Treasury yields to their highest level in three months on Monday, as investors’ reaction to the prospect of tighter monetary policy by dumping US and UK government debt. The yield on the 10-year US Treasury note added 0.05 percentage points to trade above 1.5 …