The Swiss National Bank (SNB) has been at the heart of preventing contagion from the Credit Suisse banking crisis. The SNB is providing large amounts of liquidity assistance in Swiss…
The Bank of England had already seen the Fed’s and the ECB’s response to the banking crisis when it took its decision to hike by 25bps. The ECB hiked by…
The Federal Reserve followed the ECB this week by hiking rates. However, like the ECB, it also communicated that expectations of ongoing rate hikes should be reduced now, or at…
This week saw a calm slowly return to stock markets as severe banking contagion fears slowly faded. The Federal Reserve took charge of proceedings on Wednesday and reassured US investors…
High beta currencies, like the Australian Dollar and the New Zealand Dollar, tend to fare badly when markets are risk off. However, the NZD is one of the worst-performing currencies…
There are two reasons why the Bank of England might hold rates on Thursday. Firstly, due to the banking crises and, secondly, due to inflation expected to fall rapidly in…
Heading into last week’s ECB meeting there was speculation that the ECB’s flagged 50bps rate hike would not go ahead. Why? Well, it was the worries over potential contagion from…
This week was a roller-coaster. Monday was a fear fuelled drop for global stocks as worries about contagion from the Silicon Valley Bank (SVB) crisis circulated. Tuesday saw a turnaround…
In the space of just a few days, the interest rate pricing for central banks across the world has rapidly fallen due to the SVB crisis. The fears of contagion,…
Bank forecasts are rising for gold’s year-end price now after the latest SVB banking crisis. Citi raises its Q2 2023 gold price forecast to USD 1,875/oz (prev. USD 1,800/oz), Q3…