Are the banks strong enough to withstand the coronavirus crash?

Mar 23, 2020 07:30 am UTC| Economy

One of the most visible outcomes of the COVID-19 crisis is the mayhem in the global stock markets. Between February 20 and March 19, the SP 500 index plunged from 3,373 to 2,409, the FTSE 250 from 21,866 to 12,830, and the...

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge

Mar 18, 2020 17:33 pm UTC| Research & Analysis Economy Central Banks Insights & Views

Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...

FX Hedging Strategy Series

FxWirePro: BoC’s Rate Cuts on Cyclical Effects of Covid-19 - USD/CAD Risk-Off Call Ratio Spread

Mar 17, 2020 13:15 pm UTC| Research & Analysis Economy

Over the weekend, the Bank of Canada cut its key interest rate by another 50 bp, after it had lowered its key interest rate from 1.75% to 1.25% at its regular meeting. The BoC also said that it was ready to take further...

Central Banking Series

The Fed will have to do a lot more than cut rates to zero to stop Wall Street's coronavirus panic

Mar 17, 2020 01:38 am UTC| Economy Central Banks

The Federal Reserve is 0 for 2 in its fight against Wall Streets coronavirus panic, seeming to confirm perceptions of the central banks impotence. The Feds first attempt to calm thing down a half-point surprise rate...

NZ's decision to close its borders will hurt tourism but it's the right thing to do

Mar 16, 2020 06:37 am UTC| Economy

Prime Minister Jacinda Ardern has done exactly what is needed to limit the spread of COVID-19 in New Zealand and the Pacific. Two new cases were confirmed today, just hours before new border restrictions come into...

How will coronavirus affect property prices?

Mar 16, 2020 06:06 am UTC| Real Estate Investing Economy

Its one of the most Googled questions since the coronavirus and COVID-19 outbreak: how will coronavirus affect house prices? The bottom line is it will be negative - prices will go down. People, up until now, have been...

Coronavirus and Spanish flu: economic lessons to learn from the last truly global pandemic

Mar 15, 2020 16:29 pm UTC| Economy

As news of the global spread of coronavirus disease (COVID-19) emerged, global financial markets reacted pessimistically and behaved in ways not seen since the 2008 financial crisis. But fully understanding the potential...