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  • Euromoney Country Risk
    The Baltic states’ improving growth prospects are under pressure due to the eurozone’s frailties and their close trade and investment links to Sweden and Russia.
  • Euromoney Country Risk
    The sovereign’s declining score trend partially reversed at the end of the third quarter of 2013, but the country remains one of the riskiest in the MENA region, both in terms of its political and economic rating.
  • The global regulatory investigation into possible manipulation by foreign exchange dealers of the WM/Reuters (WMR) 4pm London fix benchmark could be ignoring the structure of currency markets and the way spot desks routinely execute large client transactions, three London-based currency managers tell Euromoney on condition of anonymity.
  • As the global economy recovers, banks’ dependence on short-term wholesale funding, and repo in particular, could rise to levels that pose a danger to the financial system, especially if asset bubbles begin to build again.
  • The rebound in the Australian dollar might set off alarm bells and prompt the Reserve Bank of Australia (RBA) to enter a new round of currency wars, warns the world’s largest custodian bank.
  • A sharp spike in US equity markets – with the Dow, S&P500 and Nasdaq jumping by more than 2% on news that US lawmakers might agree to extend the debt-ceiling deadline by six weeks with no fiscal conditions – drove Asian equity markets and key emerging market currencies higher against the dollar, albeit in narrow ranges amid thin trading, according to currency managers.
  • A research report published this week by Aite Group highlights the extent of the cyber threats faced by banks and corporations.
  • Foreign exchange markets spent last week in thrall to US political headlines as the dollar reversed its weakening trend amid range-bound and volatile trading in G10 crosses.
  • As more banking is done online, financial institutions have had to rethink their customer authentication strategies to ensure they remain relevant in a rapidly changing technological age. But for all the talk of biometric security, the principal focus remains relatively low tech.
  • Includes Bonds, Equities, Loans, M&A, MTN, Project Finance
  • The deadlock in Washington over the US budget has seen FX volumes drop sharply as investors stumble for direction.
  • Safe-haven demand for the Japanese yen could return next week, despite the emergence of a more risk-positive tone in global markets, after news that negotiations to extend the debt-ceiling deadline had begun between Republican congressional leaders and the White House.