The Great Debate UK

Governments, not central banks, must act

By Guest Contributor
June 11, 2012

–Michala Marcussen is global head of economics at Société Générale Corporate and Investment Bank. The opinions expressed are her own.–

from MacroScope:

Could Turkey’s central bank surprise markets this month?

April 20, 2011

TURKEY/This Thursday, Turkey's new central bank governor Erdem Basci will chair his first monetary policy meeting.  What can we expect from the man who is seen now as the architect of the country's novel monetary policy? Most analysts predict there will be no change this month to interest rates and banks' reserve requirement ratios. But could the bank, which shocked markets with an out-of-the-blue  rate cut in December and a big further rise in short-term RRRs last month, throw another  curveball? 

A new paradigm for inflation

January 14, 2011

-Kathleen Brooks is research director at forex.com. The opinions expressed are her own.-

from MacroScope:

Central banks should hedge: Gary Smith

August 10, 2010

Gary Smith, head of central banks, supranational institutions and sovereign wealth funds at BNP Paribas Investment Partners, has written a special guest blog for Macroscope in which he argues that central banks should consider ways to hedge their FX reserves against the crisis.

from MacroScope:

Should central banks now sell gold?

July 5, 2010

Central banks in debt-strapped countries have a golden opportunity ahead of them, if you will excuse the pun, to help their countries' finances by selling their yellow metal holdings.

from Breakingviews:

Four factors to determine bank returns

January 5, 2010

larsen.jpgWhat is an acceptable return on equity (ROE) for a bank? That question is likely to dominate the debate among executives, investors and regulators in the coming year. After the spectacular losses of the crash, there is no doubt that banks' future returns should be lower than the super-charged profits earned during the credit boom. But if ROEs fall too far, the consequences could be severe.

from The Great Debate:

A rally that is both rational and crazy

November 10, 2009

(Jjamessaft1ames Saft is a Reuters columnist. The opinions expressed are his own)

Stocks and other risky assets are rallying around the world this week because the Group of 20 nations said on the weekend they would keep the economic stimulus flowing, a state of events which illustrates where we are and what a very strange place it is.

Is a bubble burbling in financial markets?

November 4, 2009

JaneFoley.JPG-Jane Foley is research director at Forex.com. The opinions expressed are her own.-

from MacroScope:

London-Basel express

September 6, 2009

Having wrapped up the two-day get-together in London, G20 central bankers moved down to the Swiss city of Basel (I counted central bank governors and officials from at least 9 countries onboard the same flight) to discuss more about the global economy for a two-day meeting.

from Commentaries:

Getting ready for the dollar’s fall

August 19, 2009

It just won't go away, this needling worry about the U.S. dollar losing its coveted top-dog status.