Tags » Central Banks

World markets say 谢谢 to China's PBOC; grazie to Super Mario

…and it’s Groundhog Day.  Another CB steps up with monetary easing – this time China – and the markets continue their ascent.  And ‘Super’ Mario Draghi helped by hinting ECB easing will continue or grow.   88 more words

VIX Futures Curve back to New Normal

The VIX futures curve shows the current expectations for stock market volatility over time. The chart below shows the curve over four different points in time: 268 more words

Central Banks

Article 9 - Local Currencies

ARTICLE 9 – MEMBERS AND LOCAL CURRENCIES

The Local Banks and the Global Debt Reserve Central Facility shall accept from any member any part of the member’s currency in the General Resources Account which in accordance with the By Laws and Charter of the Agency is not necessary for its day-to-day operations and/or  transactions, notes or any other similar obligations as may be issued by the member or the depository designated by the member under Article XIII, Section 2, which shall be non-negotiable, non-interest bearing and payable at their face value on demand by crediting the account of the Fund in the designated depository. 56 more words

Articles Of Agreement

Article 7 - Locations

ARTICLE 7 – GLOBAL DEBT FACILITY, BANKS AND OFFICES

The Global Debt Facility shall be located in a safe and secure location as selected by the Original Members and the Chairman. 115 more words

Articles Of Agreement

It's Not Dead, It's Resting

Today has been dominated by news from the world’s central banks. First, Mario Draghi gave markets a boost by announcing that the ECB would take action to increase inflation… 795 more words

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