Analysis: Underwater: How the Bank of England has delivered a lifeblood to the markets

Bank of England bought bonds after pension fund pleas Some UK pension funds have faced problematic margin calls BoE support is seen as giving an opportunity to build collateral The British government’s unfunded tax plan scared the markets LONDON/NEW YORK (Reuters) – Calls from the Bank of England began on Monday saying some British pension … Read more

Wall Street fell due to growing economic growth concerns

The S&P 500 Index is back to its lowest level in nearly two years Airlines and cruises canceled due to Hurricane Ian CarMax slips by missing second-quarter forecast Indices down: Dow 1.54%, S&P 2.15%, Nasdaq 3.05% (Reuters) – Wall Street fell on Thursday, on fears of a global economic slowdown from aggressive central bank policy … Read more

Japan intervenes in the foreign exchange market to stop the yen’s decline after the Bank of Japan kept rates very low

Bank of Japan maintains very low rates, pessimistic policy guidance A Japanese foreign exchange diplomat said he had taken “decisive” action. Confirmation of intervention pushes the dollar to slide more than 2% Analysts doubt Tokyo’s ability to continue supporting the yen Bank of Canada says it didn’t help the Bank of Japan TOKYO (Reuters) – … Read more

US Treasury official criticizes China’s “non-conventional” debt practices

Chinese yuan banknotes are shown in this illustrative photo taken on April 25, 2022. REUTERS/Florence Law/Illustration Register now to get free unlimited access to Reuters.com Register China is the largest official creditor in the world Lack of transparency and confidentiality agreements under fire Urging progress on Common Framework debt deals for Zambia and other countries … Read more