Building bank resilience by Additional Tier 1 debt reform
EU bank regulation under Basel III ensures bank solidity but often creates barriers to EU financial integration. Additional Tier 1 contingent convertible debt is designed
Trump’s mortgage-backed bond purchases not moving needle on housing costs
Experts say $200bln bond-buying effort unlikely to significantly lower housing costs. There’s scant evidence so far that U.S. President Donald Trump’s bid to make housing
Central bank digital currency and monetary sovereignty
Calls for a digital euro increasingly invoke monetary sovereignty, often on the grounds that Europe must retain control over its payment systems. This column argues
Dollar remains firm as markets await ECB, BoE rate announcements
The yen dipped 0.1% to 155.85, extending a 0.6% slide on Wednesday. The dollar inched higher against its major counterparts on Thursday as markets positioned
US dollar close to multi-week lows versus euro and yen before US data
Euro supported by ECB’s stance and strong economic data. Euro supported by ECB’s The U.S. dollar hovered around multi-week lows against the euro and yen
Emerging market resilience to risk-off shocks: Good luck, but mostly good policies
Emerging markets used to be hit hard whenever global investors turned nervous. This column analyses how emerging markets have managed output and inflation during global
Dollar stable even with US rate cuts in focus, yen vigil continues
Rate-cut wagers ramp up after dovish comments from policymakers. The U.S. dollar was steady on Tuesday even as investors deliberated over the chances of a
Gold holds steady as Fed rate cut bets offset dollar strength
Traders see 75% chance of US interest rate cut next month. Gold prices held steady on Monday, as growing expectations of a Federal Reserve rate
Barclays sees no further ECB rate cuts before end-2026 after policy decision
The ECB kept interest rates steady at 2% for the third meeting in a row. Barclays revised its forecast for the European Central Bank’s rate
Dollar index at three-month high, testing top of recent range
The yen was at 154.1 per dollar, languishing near an 8-1/2-month low, pressured by wide interest rate differentials. The dollar hovered near a three-month high
