2023-09-22 06:34:50 Gold futures rose by about 0.2% to $1,943.8 per ounce Gold prices recorded an increase today, Friday, despite the strength of the dollar and the rise in US Treasury bond yields, but they are heading towards recording weekly losses. Gold futures rose by about 0.2%, to $1,943.8 per ounce, after witnessing their largest … Read more
2023-08-04 12:43:17 Sterling pound Economists at the German Commerzbank provided their estimates for the movements of the pound sterling during the coming period, in light of the Bank of England’s steps regarding monetary policy. In this regard, experts explained that the Bank of England is trying to rebuild its credibility regarding its commitment to return … Read more
2023-06-19 12:04:57 By Le Figaro with AFP Posted 22 minutes ago, Just Updated The Bank of England (BoE) could operate new tightening. DANIEL LEAL / AFP The yield on two-year British government bonds rose to more than 5% on Monday, a 15-year high, evidence that the market expects persistent inflation to force the Bank of … Read more
2023-05-18 17:07:00 Bank of England Governor Andrew Bailey acknowledged for the first time that the bank is dealing with a spiral of rising prices and wages in the United Kingdom, in light of the bank’s pledge to raise interest rates “as necessary” to bring inflation back to the bank’s 2% target, according to Sky News. … Read more
2023-05-12 15:08:44 Bank of England Bank of England member Bill made the following remarks on Friday: The BoE’s recent decisions reflect the belief that inflation risks remain. There may be more work to be done to bring down inflation. The BoE sees signs that it is moving in a direction more favorable to inflation expectations. … Read more
2023-05-10 10:57:36 Bank of England In a note published on Wednesday, the economist at the giant Singapore investment bank explained UOB Lee Soo An said that the Bank of England is widely expected to raise its key interest rate by 25 basis points at the Monetary Policy Committee meeting tomorrow, May 11th. The bank note … Read more
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS takes over the second largest Swiss bank. The Swiss National Bank (SNB) is supporting the emergency merger with liquidity assistance amounting to CHF 100 billion, as the government, financial regulator and the two banks announced in a joint press conference. UBS pays … Read more