The Bank of England is laying the groundwork for a descent into negative interest rates. This should worry us all. In a letter to banks today, deputy governor Sam Woods asked firms to detail their “current readiness to deal with a zero Bank Rate, a negative Bank Rate, or a tiered system of reserves remuneration […]

Delta-variant cases continue to weigh on oil markets as crude prices attempt to stabilise. Meanwhile, natural gas appears to be on the cusp of another strong rally despite weekend pullbacks. Oil trading Oil started off the week on a subdued footing once again. The demand picture is under further scrutiny amidst rising Delta variant COVID-19 […]

The overall market capitalisation of cryptocurrencies has fallen by around 3.5% in the last seven days from $1.33 billion on 13 May to $1.28 billion today. Bitcoin (BTC), the top cryptocurrency by market capitalisation, lost over 0.6% of its value in the past week fluctuating between the $31,000 and $28,000 marks. Ethereum (ETH) followed in […]

The upcoming week brings another batch of economic data from the world’s largest economies, as well as insights into central bank’s recent policy decisions.

Monetary policies overview, the monetary landscape is shifting as central banks respond to changing economic conditions.