ECB

Currency swap debt is an $80 trillion global regulator, says 'blind spot'

Currency swap debt is an $80 trillion global regulator, says ‘blind spot’

LONDON, Dec 5 (Reuters) – Pension funds and other “non-bank” financial firms hold more than $80 trillion in hidden off-balance sheet dollar debt in foreign exchange swaps, the Bank for International Settlements (BIS) said. ). The BIS, dubbed the central bank of central banks around the world, also said in its latest quarterly report that …

Currency swap debt is an $80 trillion global regulator, says ‘blind spot’ Read More »

EUR/USD goes dry above 1.0400 in calm market, Eurozone gas price structure watched

EUR/USD goes dry above 1.0400 in calm market, Eurozone gas price structure watched

EUR/USD moved sideways above 1.0400 on less trading activity during Thanksgiving Day. The Federal Reserve is expected to drop the 75 basis point rate hike measure to shield the economy from financial risks. The European Central Bank is required to tighten policy further to slow inflationary pressures. EUR/USD should remain bullish as the risk appetite …

EUR/USD goes dry above 1.0400 in calm market, Eurozone gas price structure watched Read More »

Stocks and bonds sanctioned as Fed and ECB urge caution

Stocks and bonds sanctioned as Fed and ECB urge caution

Fed’s Waller downplays CPI as a single number Beijing outlines ownership support and COVID steps Biden meets China’s Xi at G20 Limited fallout for other assets during FTX collapse LONDON, Nov 14 (Reuters) – Stocks stabilized and bond yields remained near multi-year highs on Monday after U.S. and European central bankers urged caution as they …

Stocks and bonds sanctioned as Fed and ECB urge caution Read More »