Analysis of billions of presence footfall data points - including roughly 155 million users in over 185 countries - has resulted in a visual model of the impact that Coronavirus has had in North America.
The ECB and Danmarks Nationalbank have today reactivated a currency arrangement (swap line) and increased the maximum amount to be borrowed by Danmarks Nationalbank from 12 billion to 24 billion. It will remain in place for as long as needed. The purpose of the reactivation is for…
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to further enhance the provision of liquidity via the standing US dollar liquidity swap line arrangements.
INTERVIEW 20 March 2020 One way or another, this massive asset purchase programme will be of particular help to those countries that have been deeply affected, such as Spain or Italy, to ensure that spreads don’t widen dramatically at this critical time.
INTERVIEW 20 March 2020 One way or another, this massive asset purchase programme will be of particular help to those countries that have been deeply affected, such as Spain or Italy, to ensure that spreads don’t widen dramatically at this critical time.
The Covid-19 pandemic will create unprecedented challenges for global leaders and financial markets, Head of Global Political Strategy at Avonhurst, Tina Fordham, states, but is unlikely to be ‘the 1918 influenza combined with the 1929 crash’, with the potential for multiple new opportunities as markets recalibrate.
19 March 2020 Only a week ago, one sentence suggested we were looking at an abrupt change of direction. What has changed in a week? I don’t think it’s particularly useful to dwell on one sentence – especially one which President Lagarde herself quickly corrected. I believe that our actions and our policies are clearly…
The Autorité des Marchés Financiers (AMF) in France has announced an immediate ban on the the creation or increase of short net positions with immediate effect.
In such situations, a fair and reasonable valuation of CRE funds cannot be established. As a result, some managers of open-ended CRE funds have temporarily suspended dealing in units of these funds and others are likely to follow for the same reason. S...
18 March 2020 Mr de Guindos, how are you? Good morning. Good morning. Thank you very much for being with us during these very challenging times for our country, and for Europe in general. You were one of the government ministers who had to deal with the long economic crisis that began in 2008. Are…