Gold – “central bank buying spree”
A snippet from ANZ’s latest look at commodities, this on gold: Gold remains a valuable asset amid rising geopolitical tension, growing macro uncertainty and a maturing economic cycle. The market… Read more »
Tag: central
June European Central Bank minutes due on Thursday
A preview of the ECB minutes, June 2019 meeting, due 11 July 2019 at 1130GMT. The ECB minutes are of interest, but perhaps less so than usual given that at… Read more »
Turkey’s President Erdogan says central bank head did not communicate well with markets
Turkish President Recep Erdogan speaking, outlining why he sacked the head of the central bank over the weekend (we all know it was ’cause the Gov wouldn’t cut rates though)… Read more »
French central banker urges pan-European payments system By Reuters
PARIS (Reuters) – France’s central bank governor called on Tuesday for the creation of a European-wide payments system for retail purchases to rival emerging competitors from the United States and… Read more »
China Fears Facebook Cryptocurrency, Central Bank Wants its Own
Facebook certainly rattled some cages when it announced its own cryptocurrency last month. A number of nations including Russia and China have expressed concern over the rising dominance of US… Read more »
Turkey’s Last Central Banker Standing Is in a Catch-22 Over Rates By Bloomberg
© Reuters. Turkey’s Last Central Banker Standing Is in a Catch-22 Over Rates (Bloomberg) — It was just around 6 a.m. on Saturday when Murat Uysal put out his first… Read more »
One for the crypto folks – PBOC wants Facebook’s Libra under central bank oversight
Mu Changchun, deputy director of the People’s Bank of China’s payments department (a senior official at the PBOC) Libra, Facebook’s own cryptocurrency, must be put under the oversight of monetary… Read more »
Gold bought by central banks in 2019 on track for 700 tons (651.5 t in 2018)
In the first 5 months of 2019 gold buying from central banks is 73% higher than a year earlier Figures come via Citi (conveyed by Bloomberg) Yesterday we got the… Read more »
This is what happens when you fire the head of a central bank
Forex news for Asia trading Monday 8 July 2019 Regional equity markets had a poor showing here in Asia as you’d expect given Friday’s US moves in response to the… Read more »
Central bankers around the world are hitting the panic button for no good reason
This isn’t a global financial crisis, this isn’t a potential breakup of the euro When Mario Draghi said ‘whatever it takes’ and plunged the eurozone into an era of negative… Read more »