Tag: Bank Of England

September 18, 2023 BY Elizabeth Anderson

Market analysis: Central banks watch this week

‘Central bank watching’ will be the name of the game this week, with financial markets remaining highly sensitive to any shifts in the interest rate outlook, particularly given the recent ramping up of energy prices.  The move higher in energy costs was born out in the US inflation data last week, which could nudge the…

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September 06, 2023 BY Elizabeth Anderson

Bank of England hounded by think-tank over UK interest hikes

The Bank of England (BoE) governor, Andrew Bailey, is due to appear in front of the Treasury Committee to address claims by a think-tank that his economic outlook for 2023 is failing. The Resolution Foundation, an independent British think-tank that aims to bolster low-middle-class income households in the UK, suggested that continued tax hikes for…

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BoE: Bank of England could lower rates next week
January 24, 2020 BY Valentina Kirilova

BoE: Bank of England could lower rates next week

The following article was written by Alejandro Zambrano, Chief Market Strategist at ATFX UK. With seven days to the January 30 Bank of England rate meeting, the rate markets are anticipating the central bank to ease the interest rate from 0.75% to 0.50% with a likelihood of 61%. Weak GDP growth and comments from the…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
July 19, 2019 BY Valentina Kirilova

IOSCO issues statement on liquidity risk management recommendations for investment funds

The Board of the International Organization of Securities Commissions (IOSCO) has just published a statement on liquidity risk management recommendations for investment funds. The complete text of the statement reads as follows: Liquidity problems which have recently affected some investment funds have been the subject of extensive media coverage. The Bank of England published a…

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LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
November 16, 2018 BY Valentina Kirilova

Bank of Canada, BoE and MAS share assessment on emerging opportunities for digital transformation in cross-border payments

The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. The report,…

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February 07, 2018 BY Valentina Kirilova

Bank Of England issues Statements of Commitment to Market Codes

Yesterday the Bank of England has issued Statements of Commitment to the FX Global Code, the UK Money Markets Code and Global Precious Metals Code (the “Codes”). By issuing these Statements of Commitment, the Bank is demonstrating that it is committed to adhering to the principles of these Codes when acting as a market participant…

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November 30, 2017 BY Valentina Kirilova

BoE and FCA launch next phase of Sterling Libor transition work

The Bank of England and the Financial Conduct Authority (FCA) announced the next phase of work with market participants on Libor transition. From January 2018, the market-led Working Group on Sterling Risk-Free Rates will have an extended mandate and broader participation. The Working Group’s new mandate will be to catalyse a broad-based transition to SONIA over…

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