Egypt’s banks told to limit withdrawals and deposits By Reuters
2/2 © Reuters. FILE PHOTO: A man wearing a protective face mask withdraws money from an ATM in Cairo 2/2 CAIRO (Reuters) – Egyptian banks have been instructed to apply… Read more »
Tag: Banks
How Do Politics and Central Banks Impact FX Markets?
Impact of Monetary and Fiscal Policy on FX Markets, Key Central Bank Rate Decisions From ECB, BoC and Fed, US Dollar, Euro, Canadian Dollar Analysis – TALKING POINTS How do… Read more »
Fed Says Central Banks Will Hold Daily Dollar Swap Operations By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The Federal Reserve said it would increase the frequency of dollar swap operations agreed with other western central banks, further ratcheting up its… Read more »
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets – Bitcoin News
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark… Read more »
Central Banks: Monetary Easing to Tackle Coronavirus
In an unprecedented step, global central banks, led by the US Federal Reserve, decided on Sunday to provide monetary incentives to the global economy by enhancing liquidity amid the collapse… Read more »
Crypto Tidbits: Bitcoin Plunges 50%, COVID-19 Cases at Ethereum Event, Central Banks Inject Billions
Another week, another round of Crypto Tidbits. Last week was almost undoubtedly Bitcoin’s worst week ever. The price of the leading cryptocurrency fell from the weekly high of $9,200 to a… Read more »
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks – Bitcoin News
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers… Read more »
Fed in talks with banks about leniency if liquidity buffers broken
Reuters report Fed encouraging banks to use liquidity buffers to keep lending to companies, help economy as virus spreads In talks with banks about potential leniency if lenders breach key… Read more »
PBOC announces RRR cut for some banks
China joins in on the fun, but they have been hinting at this for a while To cut RRR by 0.50% to 1.00% for banks under its inclusive finance scheme… Read more »
Airlines, Banks and Shale at Risk
Dow Jones & Nasdaq 100 Outlook: The Dow Jones and Nasdaq enjoyed modest gains despite uncertainty Even if a larger rebound materializes, the financial, airline and energy sectors may remain… Read more »