Search Results for: Bank of England
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
The Libor trials: Where we are now
April 12th, 2017
Barclays sent shockwaves through the City when, in July 2012, it was fined nearly £300m by British and US regulators for its role in the Libor-rigging scandal. Days later, then chief executive Bob Diamond handed in his notice. The ...
What UniCredit say for the Pound to Euro exchange rate
April 10th, 2017
The British Pound might have creeped higher against most major currencies in the March to April period, but it is far too soon to call this the start of a long-term recovery argue analysts at one of Europe’s largest ...
BREXIT BEGINS: What could happen to Pound, house prices
March 30th, 2017
As the UK hits the Article 50 trigger The Sun take a look at what could happen to the pound, house prices and interest rates : AS Brexit begins and the UK officially starts the process of leaving the ...
BBVA became member of the open-source blockchain community Hyperledger
March 28th, 2017
BBVA became an official member of Hyperledger today. Hyperledger is an open-source collaborative effort to advance the use of blockchain in different economic and corporate sectors. Hosted by The Linux Foundation, this international initiative unites a large group of ...
The Pound to Euro exchange rate could well fall to 1.0 warn analysts
March 27th, 2017
Pound to Par the Euro on Tumultuous Brexit Journey The Pound to Euro exchange rate (GBP/EUR) could well fall to 1.0 warn analysts at a leading European investment bank. Economists at Deutsche Bank have updated clients with their Brexit ...
Pound Sterling Jumps Against Euro, Dollar
March 23rd, 2017
The UK consumer is back, and the British Pound likes it. The ONS has reported on Thursday, March 23 that UK retail sales grew 1.4% in February in what amounts to an impressive recovery on the 1.3% contraction witnessed ...
Yen stretches rally to seventh day; Asia Stocks Tumble
March 22nd, 2017
S&P 500 drops most since elections as reflation trades falter Yen stretches rally to seventh day while gold maintains gains Equities tumbled across Asia after the S&P 500 Index fell the most since Donald Trump’s election, as stocks joined ...
Morgan Stanley: 5 Reasons why Pound Sterling Will Soon Rally against the Euro and Dollar
March 20th, 2017
Pound to Euro exchange rate: 1.1521 Pound to Dollar exchange rate: 1.241 The British Pound remains near multi-year lows against the Dollar, Euro and a host of other major currencies. Indeed, performance charts show that the past year has ...
Asia Emerging-Market Stocks Gain While Topix Slips: Markets Wrap
March 17th, 2017
Dollar poised for biggest weekly loss in more than a month Indonesian shares reach record; Treasuries move higher An equities rally spurred by the Federal Reserve’s outlook found some life in Asian emerging markets, even amid a slump in ...
