Search Results for: Bank of England
NIRP, its likelihood and effect on commodities
October 5th, 2015
In last week’s article I pointed out that negative interest rates should lead to a general shift in consumer preferences from money towards essential goods. Central bankers may wish for this outcome on a controlled basis to allow them ...
From ZIRP to NIRP
September 25th, 2015
The sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about emerging market economies, has got financial scribblers writing about negative interest rate policies (NIRP). Coincidentally, ...
BT helps global financial industry keep data secure with new ethical hacking service
September 17th, 2015
BT brings in CREST STAR certified security testing to protect financial organisations from cyber threats BT today announced the global launch of “BT Assure Ethical Hacking for Finance”, a new security service designed to test the exposure of financial ...
Asian shares plunge to two-year lows as China stocks continue to fall
August 19th, 2015
Shanghai shares index drops 3.9%, denting hopes of Chinese stock markets stabilising following last week’s devaluation of yuan Asian shares on Wednesday struggled at two-year lows after Chinese stocks extended their fall, stoking fears about the stability of China’s ...
Welcome to the world of ZIRP zombies
August 14th, 2015
Interest rates in the US, Europe and the UK were reduced to close to zero in the wake of the Lehman crisis nearly seven years ago. Initially zero interest rate policy (ZIRP) was a temporary measure to counter the ...
Markets on alert for UK’s new Super Thursday of economic data
August 6th, 2015
Markets are on alert ahead of the UK’s new economic touchstone, a Super Thursday of economic data. From this Thursday, the monthly rate decision and the minutes of the Bank’s Monetary Policy Committee (MPC) meeting will be released together, ...
Euro static as Greek bailout talks resume – Euro Currency update
July 29th, 2015
Euro The Greek bailout talks resumed on Tuesday with a high security presence, but as no interesting news emerged from the discussions the Euro was left trading fairly statically against a number of its peers. The common currency did ...
Does A Commodities Crash Mean Global Depression, Mass-Devaluation Or Both?
July 22nd, 2015
First, precious metals peaked and began drifting lower. Then copper fell, oil plunged and it became obvious that these weren’t isolated events. The entire commodities complex — that is, all the physical inputs a modern economy uses to power, ...
How Future Bitcoin Can Prevent a Future Greece
July 14th, 2015
The digital currency is at a turning point, evolving much more quickly than some observers realize Bitcoin, the volatile digital currency, cannot help the Greeks of today. But it could mean a great deal to those caught up in ...
Quantitative Easing in 5 key questions
June 25th, 2015
On January 22, 2015, the European Central Bank (ECB) president Mario Draghi launched the institution’s Quantitative Easing (QE) program. QE is an exceptional measure, taken when traditional means of stimulating activity and growth prove ineffective. Learn more about the concept via five ...
