Central Bank Archives - The Industry Spread

Equities Mixed on Caution ahead of Central Bank Updates

October 31, 2019

Global equity market saw major stocks and key indices trade and close in red today over-cautious investor sentiment. Aside from caution influenced by expectations surrounding central bank updates, back to back conflicting headlines surrounding Sino-U.S. trade deal also came as a serious blow to investor risk appetite. While US President Trump hinted at the possibility of partial deal being signed earlier than expected, China’s reluctance to commit on big purchases of American farm products and reports from US official who said interim trade deal might not be completed in time for signing in Chile next month as expected earlier caused optimism surrounding trade deal to fade away.

President Ueli Maurer meets Japan’s Prime Minister Shinzō Abe and represents Switzerland at G20 meeting of finance ministers

June 19, 2019

Bern, 10.06.2019 – President Ueli Maurer was received by Japan’s Prime Minister Shinzō Abe on 10 June 2019. The discussion was dedicated to the long-standing, excellent relations between Switzerland and Japan. In addition to regional topics, the central challenges for the global financial and economic system, which President Maurer addressed at the weekend meeting of the G20 meeting Finance Ministers and Central Bank Governors in Fukuoka, were also discussed.

RBA: The Economic Outlook and Monetary Policy

May 27, 2019

Thank you for the invitation to speak to the Economic Society of Australia. It is very good to be back here in Brisbane today.

I would like to begin by providing an update on recent developments in the global and Australian economies. I will then discuss how our thinking on the appropriate stance of monetary policy has evolved over recent times.

MAS Transfers S$45 billion to the Government for Long-term Investment

May 10, 2019

The Monetary Authority of Singapore (MAS) said today that it would be transferring S$45 billion from the official foreign reserves (OFR) to the Government for long-term investment.  This amount is the excess over what MAS deems necessary to maintain confidence in Singapore’s exchange rate-centred monetary policy.  MAS, as the central bank of Singapore, manages the country’s OFR, which stood at S$404 billion as at April 2019.

SIX and Shanghai Stock Exchange sign an updated MoU

May 1, 2019

SIX and Shanghai Stock Exchange renewed their MoU (Memorandum of Understanding) with the intention to further deepen their collaboration which was initiated in 2015. A Swiss delegation visited the Shanghai Stock Exchange today, where the two parties signed the document in the presence of Swiss Confederation President Ueli Maurer.