Effective hedging depends on what’s causing prices to rise
Banks’ economic value of equity would shrink under higher rates scenarios
Claims rose at fastest annual pace since early pandemic amid inflation jitters
This paper adds to the literature on factors driving distress risk and the economic consequences of economic policy uncertainty, and it provides a basis for enterprises to respond to changes in policies.
Trading in the one-month, three-month basis highlights the market’s preference for Libor
Policy inaction could halt benchmarks’ normalisation, BoE biennial exploratory scenario finds
Some hedge funds believe popular bets on rise in US inflation have run out of steam
Stimulus unwind, Covid nationalism and regime changes spell volatile operating environment
The growth of stablecoins could reduce the supply of safe collateral available to markets
Traders signal shift to currency strategies, but is it passing fad or permanent fixture?
The authors analyze the role of monetary policy uncertainty in predicting jumps in nine advanced equity markets.
International announcements and West Texas Intermediate crude oil futures: a case study on the 2008 global financial crisis
The authors examine the impact of international monetary policy and professionals' announcements on West Texas Intermediate crude oil futures.
Incorporating collateral efficiency into IS-LM model reveals side-effects of QE
BBB yield-to-worst spirals as highly-rated bonds recover after central bank and government intervention
Traders split on whether virus impact, or central bank responses, will prove most powerful
Does the cultural and demographic experience of Japan apply to a heterogeneous grouping of nations that have no common monetary policy or a unified social outlook?
Overnight index swaps made up 31.5% of daily average turnover in April
For the past 30 years, emerging markets have provided return enhancement and risk diversification opportunities for global equity investors. The opening of the domestic Chinese capital market and its integration into international markets is likely to…
Widening risk imbalances between eurozone member states threaten monetary union, says Italian regulator
Harshest of three ideas to shift market to Sonia would largely ban Libor collateral from its market ops
A panel of experts explores how greater collaboration between risk and finance teams can garner significant benefits and add value, how technological innovation is making the regulatory landscape more complicated to navigate and produce transformative…
‘Overnight standing repo facility’ could stop year-end rate spikes, and extend Fed’s reach
This paper studies the microstructure of the short-term uncollateralized Danish interbank market before, during and after the financial crisis, and into an era of negative interest rates.