Hints and tips:
...The increase in deals has been partly spurred by an anticipation of rate cuts from central banks, which investors think could come as early as June....
...In response, Guyana’s President Irfaan Ali said today that he would report the matter to the UN Security Council and the International Court of Justice....
...Now, it’s easy to understand why interest rates matter on financial products like savings accounts....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...This is leading the US Federal Reserve and the Bank of England towards tapering Covid-19 stimulus and has emboldened the hawkish voices on the European Central Bank’s Governing Council calling for ending...
...The Federal Reserve may also be forced to tighten monetary policy quicker than previously expected....
...Biden tapped Ali Zaidi, the New York climate policy chair who worked closely with NY Green Bank (NYGB), to be his deputy national climate adviser....
...However, the challenge is that the recovery will be rapid, and progress towards its goals will come sooner than the central bank expects....
...The findings echo analysis from the Bank of England last week, which calculated Britons had saved an extra £180bn in their bank accounts during the crisis, or almost 10 per cent of the UK’s annual gross...
...Suddenly unable to eat out or travel, richer households have used the last year to build up their savings....
...Federal Reserve chair Jay Powell warned that the pandemic still had the capacity to derail the country’s economic comeback....
...The EU drug regulator is also to launch an investigation next week into whether clinical trials of Russia’s Sputnik V Covid-19 vaccine contravened ethical and scientific standards....
...The Central Bank of Nigeria is attempting to temper the euphoria with warnings that inexperienced investors could lose their meagre savings....
...going to have a V-shaped recovery”....
...Savings are a necessary cushion, especially in the US, where more jobs have been wiped out....
...The quickest path to make sure that banks keep credit lines open, runs through the Federal Reserve....
...Casting doubt on the merits of a V-shaped recovery is hardly an earth-shattering view....
...Beyond rate cuts, Asian central banks have done more to ease liquidity shocks, from Bank Indonesia buying government bonds to the Bank of Thailand creating a corporate bond fund....
...purchases of corporate bonds — at least so far in the case of the US Federal Reserve — explains in part wider credit risk premiums....
...At the same time, the Federal Reserve has unleashed measures — including slashing interest rates, asset purchases, expanded lending facilities and swap lines with foreign central banks — that outstripped...
...Savings are expected to be greater than £100m vs. previous guidance of c£100m....
...My own feeling is that this will not be a V or even a U-shaped recovery, but a downwardly trending W that has a high risk of turning into a L....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
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