To add a new post, please log in or register
Carney presser following the release of the FPC's Financial Stability report BOE will be straight with the British people Now likely that adjustments in commercial real-estate and will tighten credit conditions There is growing evidence that post Brexit uncertainty has delayed decisions on invest...
Banks
  • 142
Sherif Hasan, 5 July 2016, 14:59
Latest BOE Financial stability report Will reduce counter cyclical capital buffer to 0.0% from 0.5% with immediate effect until June 2017 at the least CCB cut will reduce buffer by £5...
Banks
  • 178
Sherif Hasan, 5 July 2016, 14:57
It's a two-for-one Mark Carney day today The BOE head is gracing us with his presence twice today. At 09.30 GMT he brings us the latest BOE financial stability report. Ok, he's not really speaking live for this one but we'll get all the details and comments from the report...
Banks
  • 147
Sherif Hasan, 5 July 2016, 09:17
Reserve Bank of Australia monetary policy board decision announcement for July. Cash rate on hold at 1...
Banks
  • 154
Sherif Hasan, 5 July 2016, 06:52 #RBA
The full statement from the RBA and comparison to June's 5 July 2016 At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace...
Banks
  • 118
Sherif Hasan, 5 July 2016, 06:51 #RBA
More signs the ECB will wait-and-see A 'sources' report earlier this week also indicated the ECB is in no rush to act. Must keep period of uncertainty as short as possible Scope of Brexit's economic impact not yet clear Brexit to slightly dampen growth in Eurozone and Germany...
Banks
  • 157
Sherif Hasan, 1 July 2016, 18:24 #ECB
US Federal Reserve's vice chairman Fischer out on the wires 1 July 2016 will have better idea of conditions by July FOMC meeting we make our decisions one meeting at a time we've got to look over a longer horizon than a few months most of the data since May payrolls looking good...
Banks
  • 161
Sherif Hasan, 1 July 2016, 16:28
ECB chief economist over the wires 1 July ECB can use balance sheet capacity during crises lower growth prospects are a very serious concern health of the banking sector needs key attention I thought CBs have been crowing from the rooftops about how much better the banks are now nicely shored up...
Banks
  • 155
Sherif Hasan, 1 July 2016, 13:08 #ECB
Our good friends at Livesquawk reporting an article doing the rounds via Reuters 1 July "The European Central Bank is not currently considering buying government debt out of proportion to Eurozone countries' shareholding in the bank and the hurdle for abandoning this capital key is high, sources...
Banks
  • 152
Sherif Hasan, 1 July 2016, 10:45 #ECB
Bloomberg with the headline 1 July 2016 Peoples Bank of China have emailed Bloomberg to say their report of intervention yesterday was untrue Yesterday the PBOC were also somewhat scathing about the media generally and in the wake of talk of them wanting USDCNH up to 6.80 by year end...
Banks
  • 144
  • 1
Sherif Hasan, 1 July 2016, 09:06 #China
Content courtesy of Tallinex Limited https://www.tallinex...
Events
  • 89
  • 2
1246536 Ernest G., 30 June 2016, 20:41
Into the Q&A All MPC members are committed to discharging their duties whatever the Government Bank can react more rapidly than other institutions This meeting is part of our communication Bank can meet any time and make a decision...
Banks
  • 151
Sherif Hasan, 30 June 2016, 18:32
Here's the speech link and the pertinent parts Here's the main important part of the speech. "The Committee will make an initial assessment on 14 July, and a full assessment complete with a new forecast will follow in the August Inflation Report...
Banks
  • 138
Sherif Hasan, 30 June 2016, 17:33
BOE's Carney impromptu speech Economic outlook worse MPC will make initial assessment at July 14th meeting and make a decision at August meeting Uncomfortable truth that the BOE cannot fully offset a large economic shock from leaving the EU BOE will hold ILTR repo operations weekly rather than mo...
Banks
  • 137
Sherif Hasan, 30 June 2016, 17:29 #Bank of England
BOE governor Mark Carney delivers a post-Brexit market update today 30 June Carney is set to outline his thinking on how Britain's economy is coping with last week's vote to leave the EU, his second response since the Brexit result. BoE says Carney will deliver a speech at 15...
Banks
  • 127
Sherif Hasan, 30 June 2016, 07:10
European Central Bank vice-president Constancio talking to CNBC 29 June Inspired. Just where does he pull these huge insights from?! must wait some days to see market development post- Brexit fundamentals have not changed for banks after Brexit Thanks for popping in. See yourself out...
Banks
  • 175
Sherif Hasan, 29 June 2016, 08:23 #ECB
PIMCO on the Brexit vote and what it means for BoE policy in the near and medium terms: Near term: The UK economy will be pulled lower by uncertainty We expect the Bank of England to cut the official interest rate to zero If it feels the need to do more, we expect a reintroduction of quantitative...
Banks
  • 106
  • 1
Sherif Hasan, 25 June 2016, 07:43
Ewald Nowotny having his say We have hundreds of millions of euros to use against insufficient liquidity Is seeing stabilisation in markets after initial surprise If banks have Brexit trouble we will provide liquidity For now the initial reaction looks to have run its course...
Banks
  • 144
  • 1
Sherif Hasan, 24 June 2016, 13:00 #ECB
Swiss National Bank confirm they have been active during Brexit outcome 24 June 2016 will continue to monitor and act when necessary No surprises as I highlighted the base case scenario in one of my earlier posts. On EURCHF I wrote: "While 1...
Banks
  • 105
Sherif Hasan, 24 June 2016, 12:57 #eurchf
With increased volatility expected in the coming days due to the EU Referendum on June 23, 2016, many traders are expecting potential trading opportunities...
Law/Regulations
  • 219
  • 1
Jose Lourenco Claudio Junior, 23 June 2016, 20:04