ECB should follow Fed’s transparency example, PBoC interventions in offshore renminbi necessary for now, and more
THE WEEKEND REVIEW
Latest opinion and analysis from OMFIF around the world
1-5 November 2021, Vol.12 Ed.44
Most-Read Commentary
ECB should follow Fed’s transparency example: Twenty months into Covid-19, the European Central Bank is deliberating the end of the pandemic emergency purchase programme. David Marsh, chairman, OMFIF, spoke to Der Spiegel about how President Christine Lagarde has steered the central bank through this crisis, how she has calmed dissonance among factions of the governing council and possible choices for the next Bundesbank president, writes Tim Bartz.
Commentary PBoC interventions in offshore renminbi necessary for now: Offshore currency markets for both the dollar and renminbi are free from domestic monetary policy restrictions. But while the US takes a hands-off approach to the offshore dollar, Chinese authorities are concerned about the impact of the offshore market on the internationalisation of the renminbi, writes Herbert Poenisch. Read more.
Video Germany after the election: As Germany and Europe face historical turning points, what is their economic, political and financial outlook following the recent German elections? This roundtable brings together leading German experts to discuss the changing political and economic landscape in a post-Covid-19 and post-Angela Merkel world. Watch.
Podcast Financial services and transitioning to net zero: In partnership with the British Embassy in Madrid and the Spanish Chamber of Commerce in the UK, OMFIF convened two panel discussions on sustainable finance. Speakers focused on how Spain and the UK can work more closely to deliver the COP26 private finance hub strategy. Listen.
Commentary African countries are navigating an uneven recovery: The Absa Africa Financial Markets Index assesses countries’ financial market development according to six pillars. Pillar 5 evaluates countries’ potential for growth. Despite constrained growth, improvements in transparency kept scores steady, write OMFIF editors. Read more.