Matt Britzman, senior equity analyst, Hargreaves Lansdown: “The FTSE 100 has opened 0.9% higher as investors digest the US rate pivot and look to the Bank of England for signals…
Central Banks
Hal Cook, senior investment analyst, Hargreaves Lansdown: “With inflation falling throughout the first half of 2024, the ECB and BoE felt confident enough to start reducing interest rates. Both implemented…
Financial services can find innovation in tokenisation By Dom Ghazan The rights to various assets can be converted into digital tokens using distributed ledger technology. This enhances accessibility and liquidity and…
State of the nation: the UK after the election Wednesday 3 July, Seminar On the eve of the 4 July UK general election, OMFIF convenes an expert panel to discuss…
Geopolitical risks continue to loom over central bank FX reserves By Gary Smith Two surveys of central bank foreign exchange reserve managers have been published in recent weeks – both…
Big win for Labour and deal on Europe could produce UK rebound By Meghnad Desai and David Marsh Britain is only months from a general election. A victory for the…
Will the dollar ever weaken? By Christopher Smart It goes up when things are good and it goes up when things are bad, so it’s a fair question to ask…
Market report: Geo-political risk and central banks set to dominate and Currys ups profit forecasts
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The FTSE 100 has eked out a positive open but is set to tread water at the start of a week…
Market report: UK inflation surprise, China’s slowing economy and Apple’s smartphone dominance
Market report: UK inflation surprise, China’s slowing economy and Apple’s smartphone dominance Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’Frustration is in the air as UK inflation continues…
Outlook 2024: More commotion than motion in foreign exchange markets By Mark Sobel The 2024 global economic outlook is less than stellar. Enormous growth, macroeconomic policy and geopolitical uncertainties pervade…
Solving Argentina’s economic failures will take hard work By Mark Sobel Argentina has long been plagued by cycles of excessive spending against the background of low savings. This cycle is…
Europe provides international yardstick for sustainable finance By Edward Maling and Arunima Sharan Among this year’s landmark climate talks, the sustainable finance landscape has continued to exhibit encouraging signs of…
Global transition finance summit Wednesday 1 November, Conference The Global transition finance summit brings together asset owners, pension funds and sovereign funds with policy-makers, central banks, development banks, fund managers…
AI and central banks workstream: October update OMFIF’s artificial intelligence workstream investigates how central banks are adopting AI and machine learning technologies and using them with traditional finance systems. It…
Reshaping global finance under India’s G20 presidency By Suman Bery This year, Prime Minister Shri Narendra Modi hosts the G20 leaders’ summit in New Delhi. Handed over from Indonesia to India…
Central banks can fight inflation without massive handouts to banks By Paul De Grauwe and Yuemei Ji To fight inflation, central banks have to increase interest rates. Their operating procedure…
Central bank losses will eventually turn into profits By Kamil Galuščák and Branislav Saxa Many central banks that have accumulated large balance sheets due to unconventional monetary policies are facing large…
Import substitution will harm fiscal policy and economic growth By Talal Rafi There is mounting evidence that import substitution curtails economic growth in the long term and holds back progress.…
‘Data dependent’ FOMC will delay raising rates with hawkish skip By Mark Sobel With the latest episode in the destructive US debt ceiling farce now over, the financial commentariat can…
CBDCs can help protect against surveillance capitalism By Lewis McLellan Among digital privacy advocates, the launch of central bank digital currencies is often greeted with suspicion and alarm. On both…
German coalition woes hold back financial market progress By David Marsh Disarray in the German coalition government over energy and growth policies is likely to hold back much needed progress…
Harker favours ‘skip’ in US interest rate tightening By OMFIF editors The Federal Reserve should ‘skip’ a further increase in interest rates at its next rate-setting meeting on 13-14 June,…
Should SSA and sovereign markets be grouped together? By Burhan Khadbai There is an argument that grouping all European sovereign, supranational and agency debt as one would boost the availability…
Economics at the heart of Türkiye’s run-off election By Taylor Pearce The Turkish economy, weathered by skyrocketing inflation and a plunging currency value, stands at a critical juncture. Following the…
Digital currency ecosystem brimming with confidence By Lewis McLellan An air of quiet confidence suffused the Digital Monetary Institute symposium, held on 10-11 May in London. Despite the battering that…