Fed Bazookas Covid-19 with More Bond Buying; Risk Assets/FX, AUD Rebound
Fed Bazookas Covid-19 with More Bond Buying; Risk Assets/FX, AUD Rebound Is This Enough?
June 2020
Bank of Canada: Keeping markets liquid
That meant addressing shortages of liquidity in financial markets —the backbone for lending and borrowing in the economy.
Norges Bank: Regional network: Sharp decline in activity
According to Regional Network contacts, the Covid-19 outbreak and containment measures have led to a sharp fall in economic activity this spring.
Bank of Lithuania: Long economic and financial rehabilitation to follow the first pandemic wave
Lithuania’s economic and financial system managed to withstand the first shock of the COVID-19 outbreak better than previously expected.
Global Equities Tumble on Covid-19 Victim Count Escalation, Wall Street to Bleed Profusely
Following reports hinting at possible renewal in the COVID-19 outbreak in the USA, the weekend saw the US announce fresh victim count of 25,000 cases.
Tensions may be Easing in the Cross-Continent Standoff over Swap Central Counterparties
Over the last two-plus years, Europe and the US have been at loggerheads over a swap proposal by the European Securities and Markets Association.
Isabel Schnabel: The European Central Bank’s policy in the COVID-19 crisis – a medium-term perspective
COVID-19 Remarks by Ms Isabel Schnabel, Member, EB, ECB , at an online seminar hosted by Florence School of Banking & Finance, Frankfurt am Main.
Luis de Guindos: Euro area – economic outlook and financial stability during the pandemic crisis
Euro area Remarks by Mr Luis de Guindos, VP of the ECB, at the Institute of International and European Affairs, Frankfurt am Main, 10 June 2020.
Wall Street to Open Positive as Risk Assets Move For Corrective Action
Caution escalates in the market despite risk assets adjusting to real-time flow as Fed’s projections of slow recovery across the globe seems highly likely.
Former CFO Charged with Market Manipulation and Fraud Offences
Mr Zhonghan Wu, former Chief Financial Officer - CFO of Traditional Therapy Clinics Limited (TTC), has been charged with 19 counts of market manipulation.
FinHub to Host Virtual Meet-Ups
SEC's Strategic Hub for Innovation and Financial Technology (FinHub) today announced the launch of virtual peer-to-peer meet-ups (P2Ps).
SEC Charges Microcap Fraud Scheme Participants Attempting to Capitalize on the COVID-19 Pandemic
SEC has filed an emergency action and obtained an asset freeze against five individuals and six offshore entities for an alleged fraud scheme.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.