TAG: Bonds
A quiet revolution rocks central banking
There’s a quiet revolution happening at the heart of central banking. On the surface, the inconspicu...
8 months ago
Europe to be late arrival at Federal Reserve party
The U.S. is having a party, and Europe is going to be unavoidably late to it. No fewer than four cen...
8 months ago
ECB leaves rates unchanged, winds down crisis program early
FRANKFURT — The European Central Bank left its key discount rate unchanged at a record high of 4 per...
8 months ago
Ukraine’s funding gap — by the numbers
It's little wonder Ukraine will be paying close attention to next week's European Council summit whe...
8 months ago
Look away: The ECB is about to change its rules of engagement
ECB policymakers will meet on Wednesday outside of the framework of their usual monetary policy meetings to decide the technical details about how the central bank should operate in the post-QE era.All the signalling from the ECB suggests they don’t want...
6 months ago
Donald Tusk risks ECB brawl after move to put Polish bank boss on trial
WARSAW — A group of lawmakers from Poland’s ruling majority have moved to oust the National Bank of Poland president by submitting a motion Thursday to put Adam Glapiński on trial before a state tribunal.The motion accuses Glapiński of acting in concert w...
6 months ago
Italian banks brace for an uncertain future after a bumper year
One of Europe’s most anxiously watched financial centers is about to find out that what goes up must come down.Italy’s banks have had a bumper run, returning to rude health a decade after nearly collapsing under a mountain of debt and almost bringing the...
6 months ago
ECB slides to €1.3B net loss in 2023
FRANKFURT — The European Central Bank (ECB) made a net loss of €1.3 billion last year, as a soaring interest bill on all the excess liquidity in the financial system dwarfed the revenue from its stockpile of bonds. The bank was left with a loss despite re...
6 months ago
Bundesbank sees years of losses ahead, but thinks the worst is over
The Deutsche Bundesbank joined the European Central Bank in posting a big loss in 2023, the result of a rising interest bill on excess liquidity generated by years of money printing. As a result, Frankfurt will again not transfer any profit to the federal...
6 months ago
Once humiliated by inflation, the ECB is now saying it was right all along
It’s become a cliché to say the painful surge in inflation that started in 2021 was primarily caused by the European Central Bank’s sluggish response to rising prices. But inflation is now slowing decisively — and the guardians of the euro are seizing the...
6 months ago
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge
The euro slumped to its lowest level this year on Friday, in a delayed reaction to European Central Bank President Christine Lagarde's signaling on Thursday that the bank is willing to cut interest rates before her U.S. counterparts. By Friday afternoon i...
6 months ago
Liz Truss makes Andrew Bailey look good, again
It should have been a terrible week for the governor of the Bank of England. But Liz Truss saved him — and it’s not the first time.It wasn’t Truss’ intention. The ex-prime minister this week called for Andrew Bailey’s head and demanded a “proper investiga...
5 months agoBitcoin Forecast: Correction and Price Drop Underway
The price of Bitcoin rebounded from the supporting level of 60000 and formed the price range. It might potentially break through this support and enter a very strong resistance area formed between levels 69000 and 73800. After that, the price of this asse...
5 months ago
Bitcoin And German Government Bonds: Price Drop Ahead
The yield of German Government Bonds is heading up, whereas their price is going down. The yield of this asset was 2.578% at the end of last trading week. Although it might head up and reach 3.0% soon. At the same time, the asset’s price might significant...
5 months ago