ECB Policymaker Cautions Against Confiscating Russian Assets LeapRate

January 26, 2024 BY Simon Mugo

ECB Policymaker Cautions Against Confiscating Russian Assets

European authorities have been mulling over the possibility of seizing frozen Russian assets, including those belonging to the central bank, to fund Ukraine's reconstruction. However, there are concerns that the negative impacts of such an action, including possible retaliation and a decrease in confidence in European assets, might outweigh the benefits. Using a currency as…

June 01, 2020 BY Valentina Kirilova

Weekly data preview: central banks and the NFP

From a technical point of view, Brent seems to have overextended this morning. Both the slow stochastic and Bollinger Bands print overbought signals. On the other hand, Bands have contracted quite sharply since the middle of last week, so it’s possible that price is building for a breakout upward. Moving averages continue to print a…

March 24, 2020 BY Valentina Kirilova

Daily market commentary: The euro gains more than 1.5% against the US dollar

GOLD The gold price finds itself the perfect environment with first the Federal Reserve unleashing its potentially unlimited stimulus package, followed by the closure of some Swiss gold refineries due to coronavirus. Therefore, it is little surprise that the price is jumping, despite the temporary return of risk on sentiment to markets. Moreover, the huge…

March 16, 2020 BY Valentina Kirilova

Daily Market News: Markets sell-off further as central banks around the globe act again

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 16, 2020. The Federal Reserve stepped up its response to the coronavirus epidemic last night, cutting the benchmark interest rate to a 0-0.25% range and announcing that it will buy $700bn in US Treasuries and mortgage…

March 02, 2020 BY Valentina Kirilova

Daily Market News: Central banks around the world act to tackle coronavirus fallout

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 2, 2020. Central banks around the world are moving to combat the impact of the coronavirus by providing additional support to the financial system, following the worst week for global markets since 2008. The Bank of…

Impeachment aftermath - Facts Vs Trump, what’s the Markets bet?

October 22, 2019 BY Mariela Naydenova

Trump's former Fed pick launches his own cryptocurrency called Frax

Stephen Moore was nominated by US President Donald Trump to join the Federal Reserve of the country. The bid for the role, however, failed by several votes and Mr. Moore couldn't take the position. Stephen Moore is an economist and former campaign adviser. After his bid didn't come through, Mr. Moore has turned to manage…

August 22, 2019 BY Valentina Kirilova

Central banks & Italy's crisis

ActivTrades’ Market Analysts have prepared for LeapRate their special commentary on Central banks & Italy's crisis. See details below: CENTRAL BANKS: THE MARKET'S LIFE BUOY The traditionally slow month of August has been very tough for traders so far this year. A lot of uncertainty has been surrounding financial markets lately as investors’ minds kept…

July 31, 2019 BY Valentina Kirilova

Financial pundits warning that 2020 will be “The Year of the Next Big One”

While financial news channel talking heads keep telling us that the new normal is gradual economic growth and that key statistical trends are right on track, there is a growing groundswell of clarion calls coming from economists, politicians, and even one key former central banking head that things are not all right. Debts have increased…

April 10, 2019 BY Valentina Kirilova

World Economic Forum canvassing central banks about blockchain efforts

The World Economic Forum (WEF) has stepped into the crypto fray and is canvassing central banks to determine their involvement in blockchain developments. The WEF was founded in 1971 as a not-for-profit organization in Geneva, Switzerland, with the express mission of improving the state of the world. Per its website: The Forum engages the foremost…

Tag: central banks