Bank of England purchases long-term bonds

Bank of England purchases long-term bonds

Bank of England purchases long-term bonds In order to ease the market turmoil brought on by the incoming government’s so-called mini-budget, the Bank of England will postpone starting its planned gilt sale next week and start temporarily purchasing long-dated...
Dollar, currency slayer

Dollar, currency slayer

Dollar, currency slayer The US Dollar is continuously strengthening its position against the other currencies, as shown by the US Dollar Index, an index measuring the relative value of the Greenback against a basket of six influential currencies (Euro, Yen, Pound,...
Ethereum and “The Merge”

Ethereum and “The Merge”

Ethereum and “The Merge” On Thursday, Ethereum, a crypto worth $200 billion, finalized an extremely crucial upgrade to its systems. It has been called “The Merge”, because of the joining of the existing execution layer of Ethereum with its new proof-of-stake consensus...
No surprises: another hike from the ECB

No surprises: another hike from the ECB

No surprises: another hike from the ECB – On Thursday, the ECB announced a 75-bp interest rate hike, taking its benchmark deposit rate to 0.75%, aiming at ensuring “the timely return of inflation to the ECB’s 2% target”. Moreover, according to its statement,...