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Halting Interest on BOE Reserves Could Save UK £1 Billion
Banking

Halting Interest on BOE Reserves Could Save UK £1 Billion

The UK government would save about £1 billion ($1.3 billion) a
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Pete Sadler
Nigeria Grants Exemption to Small Lenders from Cash Withdrawal Limits and Penalties
Banking

Nigeria Grants Exemption to Small Lenders from Cash Withdrawal Limits and Penalties

Nigeria’s central bank exempted mortgage banks and certain microfinance lenders from
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Pete Sadler
UBS Predicts Departure of Credit Suisse Wealth Veterans in Hong Kong
Banking

UBS Predicts Departure of Credit Suisse Wealth Veterans in Hong Kong

UBS Group AG has seen a round of exits within its wealth
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Pete Sadler
Inflation Eases Further in Sri Lanka, Offering Reprieve in July
News

Inflation Eases Further in Sri Lanka, Offering Reprieve in July

Sri Lanka’s inflation pace reached single digits for the first time
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Pete Sadler
Dollar Rises on the Back of Fed Loan Survey, Yen Slides
Loan

Dollar Rises on the Back of Fed Loan Survey, Yen Slides

The dollar strengthened on Monday after a survey from the Federal Reserve
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Pete Sadler
Swiss National Bank Records $15 Billion Loss in Second Quarter
Banking

Swiss National Bank Records $15 Billion Loss in Second Quarter

The Swiss National Bank (SNBN.S) said on Monday it lost 13.
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Pete Sadler
Fed Survey Shows US Banks Reporting Tighter Credit, Weaker Loan Demand
Banking

Fed Survey Shows US Banks Reporting Tighter Credit, Weaker Loan Demand

U.S. banks reported tighter credit standards and weaker loan demand from
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Pete Sadler
RBA Holds Rates Steady as Inflation Eases, Leaves Room for Future Hikes
Banking

RBA Holds Rates Steady as Inflation Eases, Leaves Room for Future Hikes

The Reserve Bank of Australia held interest rates steady on Tuesday as
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Pete Sadler
Gold Rises as Top Central Banks Adopt More Cautious Approach
News

Gold Rises as Top Central Banks Adopt More Cautious Approach

Gold yesterday settled up by 0.5% at 60082 as top central
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Pete Sadler
Europe's Economy Bounces Back as Inflation Keeps Declining
News

Europe's Economy Bounces Back as Inflation Keeps Declining

The euro area economy is growing again, but may struggle to maintain
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Pete Sadler
Bank of Japan Increases Bond Purchases as 10-Year JGB Yields Reach 9-Year High
Banking

Bank of Japan Increases Bond Purchases as 10-Year JGB Yields Reach 9-Year High

Japan’s benchmark 10-year government bond yield surged to a nine-year high
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Pete Sadler
Minneapolis Fed Chief Kashkari Optimistic About US Economy Avoiding Recession Amid Continuing Inflation Fight
News

Minneapolis Fed Chief Kashkari Optimistic About US Economy Avoiding Recession Amid Continuing Inflation Fight

The odds of the U.S. avoiding a deep recession and achieving
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Pete Sadler
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