Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at all as dealmaking sputters and economic gloom sets takes...
The Russian exodus triggered by Vladimir Putin’s invasion of Ukraine has put the currencies of former Soviet republics at the top of global rankings this year.Source: Bloomberg
21/12/2022
The Bank of Japan’s surprise move to widen its bond yield trading band triggered a sharp reaction in financial markets. Here are some of the initial takes from central bank-watchers.Source: Bloomberg
20/12/2022
Federal Reserve Chair Jerome Powell has a new North Star to guide his fight against inflation, and it will put American paychecks at the heart of monetary policy next year.Source: Bloomberg
19/12/2022
Economists are in full agreement over the path of Russian interest rates for the first time in over a year, as the central bank looks likely to opt for a longer pause after a massive round of...
16/12/2022
The Federal Reserve on Wednesday raised its benchmark policy rate by half a percentage point and signalled its intention to keep squeezing the US economy next year, as central banks on both sides of...
15/12/2022
The Federal Reserve is poised to moderate its aggressive tightening on Wednesday while signaling that interest rates will ultimately go higher than previously forecast.Source: Bloomberg
14/12/2022
China’s abrupt ending of its Covid Zero policy injects more uncertainty into an already fragile economy, raising the prospect of looser fiscal and monetary policy and more easing in the property...
13/12/2022
Nigerian lenders are competing to attract up to 2.7 trillion naira ($6 billion) that’s outside the formal sector, taking advantage of the six-week window citizens have to replace old currency notes....
12/12/2022
Alphabet unit Google (GOOGL.O) must remove data from online search results if users can prove it is inaccurate, Europe's top court said on Thursday.Free speech advocates and supporters of privacy...
09/12/2022