Wirecard has fallen from one of Germany’s top fintech darlings to a company mired in controversy due to fraud allegations.
Archiv für den Monat: Juni 2020
All-star investor Rich Bernstein warns Fed policies are setting markets up for long-term problems — and may spark a bond bubble
Institutional Investor Hall of Famer Richard Bernstein is concerned unprecedented Federal Reserve policies will eventually cause serious harm.
ForexLive European FX news wrap: BOE adds to QE, risk mood remains choppy
Forex news from the European trading session – 18 June 2020
Headlines:
Markets:
– JPY leads, GBP lags on the day
– European equities lower; E-minis down 0.5%
Headlines:
Markets:
– JPY leads, GBP lags on the day
– European equities lower; E-minis down 0.5%
BofA lifts EUR/USD call for Q3, but still sees it falling towards the year-end
BofA raises its EUR/USD forecast for Q3 to 1.08 from 1.02 previously
The firm’s head of G-10 currency strategy, Athanasios Vamvakidis, said in a note to clients that their forecast may represent some downside but argues that the downside in the pair is likely to be more limited in the near-term.
The firm’s head of G-10 currency strategy, Athanasios Vamvakidis, said in a note to clients that their forecast may represent some downside but argues that the downside in the pair is likely to be more limited in the near-term.
The pound gets a slight nudge higher from the BOE decision, what’s next?
Cable rises from 1.2490 to 1.2550 before fading gains at the moment
For bank trade ideas, check out eFX Plus
A couple of key takeaways from the BOE decision earlier:
For bank trade ideas, check out eFX Plus
A couple of key takeaways from the BOE decision earlier:
Full statement of the BOE June monetary policy meeting
The monetary policy summary from the Bank of England – 18 June 2020
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present is to respond to the severe economic and
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present is to respond to the severe economic and
BOE leaves bank rate unchanged at 0.10%, expands QE program by £100 billion
BOE announces its latest monetary policy decision – 18 June 2020
– 0.10%
– Bank rate votes 0-0-9 vs 0-0-9 expected
– Asset purchase program total £745 billion (increase of £100 billion)
– 0.10%
– Bank rate votes 0-0-9 vs 0-0-9 expected
– Asset purchase program total £745 billion (increase of £100 billion)