Innovation BIS 2025: the Bank's new medium-term strategy
Bank for International Settlements General Manager Agustín Carstens discusses Innovation BIS 2025 – what it means, what’s being done and what’s to come, as the Bank positions itself to face tomorrow’s challenges.
Learn more about Innovation BIS 2025: https://www.bis.org/about/innovation_bis_2025/index.htm.
The role of the CPMI as part of the Basel Process
25th Anniversary Conference of the Committee on Payments and Market Infrastructures
Jaime Caruana (General Manager)
The BIS: the Bank Behind the Curtain.
Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
The work of the Financial Stability Institute: past, present and beyond
Welcoming remarks by Fernando Restoy, Chairman of the FSI at the Financial Stability Institute 20th anniversary conference – Basel, 12-13 March 2019
Link to the event page: https://www.bis.org/fsi/events/fsi_20th_anniv_conf_190312.htm
Bank für Internationalen Zahlungsausgleich
Die Bank für Internationalen Zahlungsausgleich, kurz BIZ, ist die älteste internationale Finanzorganisation.
Sie wurde 1930 gegründet und hat ihren Sitz in Basel, in der Schweiz.
Sie dient als Bank für die 60 Zentralbanken, die ihr angehören, darunter auch die Belgische Nationalbank.
Ihr oberstes Ziel ist es die Zusammenarbeit der Zentralbanken und der internationalen Finanzaufsichstsbehörden zu verbessern.
Deshalb organisiert oder beherbergt sie Ausschüsse, damit alle Hauptverantwortlichen besser zusammenarbeiten und Vereinbarungen treffen können. Beispiele für solche Vereinbarungen stellen die berühmten Basler Vereinbarungen dar, deren Ziel es ist, das Bankensystem besser zu kontrollieren.
Green bonds
https://www.bis.org/publ/qtrpdf/r_qt1909f.htm
Fender and Zulaica look at the opportunities and challenges facing central bank reserve managers who seek to incorporate environmental sustainability objectives into their portfolios.
Following the imprint of the ECB's asset purchase programme on global bond and deposit flows
March 2019 Quarterly Review: https://www.bis.org/publ/qtrpdf/r_qt1903g.htm
Implementation and implications of unconventional monetary policy tools
https://www.bis.org/press/p191007.htm
Philip Lowe, Chair of the Committee on the Global Financial System, and Jacqueline Loh, Chair of the Markets Committee discuss two major reports on the implementation and implications of unconventional monetary policy tools (UMPTs) introduced by central banks in response to the financial crisis and its aftermath.
Fintech credit markets around the world: size, drivers and policy issues
September 2018 Quarterly Review: Grant Turner explains that fintech credit offers an alternative funding source for businesses and consumers, but also gives rise to challenges for regulators. https://www.bis.org/publ/qtrpdf/r_qt1809e.htm
Forced Labor in Cotton Supply Chains – IMF & WBG Annual Forum Panel
Cotton is a commodity at the center of the global economy, yet cotton production is plagued by egregious human rights violations. Under the United Nations Guiding Principles for Business and Human Rights, states, companies, and civil society all have key roles to play to ensure respect for fundamental human rights in the global economy. This panel discusses the sustainability challenges facing the modern global cotton trade and its implications for companies, governments, and civil society.
Uneasy calm awaiting lift-off
Media briefing for the December 2015 BIS Quarterly Review
Claudio Borio (Head of the Monetary and Economic Department), Hyun Song Shin (Economic Adviser and Head of Research)
FedListens Session 4: Federal Reserve Communications
During this FedListens session, Hyun Song Shin of the Bank for International Settlements, Stephen Cecchetti of Brandeis International School and Kermit Schoenholtz of NYU Stern School consider how the Federal Reserve currently communicates its messages and suggest potential changes in approach to share its information using language understandable to a broader audience. Learn more about the speakers and read the papers and presentations: https://www.chicagofed.org/conference-sessions/session-4.
Big tech in finance
BIS Economic Adviser and Head of Research Hyun Song Shin discusses the entry of big tech companies into financial services and the new challenges this poses for financial regulators, consumer protection and data privacy.
EME vulnerabilities take centre stage
Media briefing for the September 2015 BIS Quarterly Review
Claudio Borio (Head of the Monetary and Economic Department), Hyun Song Shin (Economic Adviser and Head of Research)
BF14 symposium session2 shin slides
Hyun Song Shin – BIS, Banque de France, Nov 2014 – Changing Face of Financial Intermediation and Lessons for Central Banks
VIDEO: https://www.banque-france.fr/en/eurosystem-international/international-symposium.html
SLIDES: https://www.banque-france.fr/fileadmin/user_upload/banque_de_france/La_Banque_de_France/symposium-session2-shin-slides.pdf 신현송
Big tech in finance: opportunities and risks
BIS Economic Adviser and Head of Research Hyun Song Shin discusses the entry of big tech companies into financial services and the new challenges this poses for financial regulators, consumer protection and data privacy.
Budapest Protocol 720p
What if the Nazis had won the Second World War, but we didn’t know it? A gripping, chilling and highly contemporary thriller, inspired by US wartime intelligence documents, by critically acclaimed author and journalist Adam LeBor.
Dow Jones Today: Plenty of Good News
InvestorPlace Stock Market News Stock Advice amp Trading Tips With the help of broad based leadership the major U S equity benchmarks rallied Wednesday amid a flurry of decent headlines Today s leadership came by way of the technology and healthcare sectors the two largest
Stock Market Today: Small Caps Are Back?
InvestorPlace Stock Market News Stock Advice amp Trading Tips It was another positive day on Wall Street with stocks closing near their highs on Wednesday Again small cap stocks stole the show in the stock market today All week we ve been pointing out
Q3 Earnings Season Preview
Note The following is an excerpt from this week s Earnings Trends 160 report You can access the full report that contains detailed historical actual and estimates for the current and following periods 160 please click here gt gt gt Here are the
As Tensions Ease Between the U.S and China, it’s all Eyes on the ECB
Earlier in the Day Earlier in the Day The economic calendar was on the lighter side through the Asian session this morning Economic data was limited to August house price figures out of the UK Theeconomic calendar was on the lighter side through the Asian session this morning Economic
U.S. Dollar Index Futures (DX) Technical Analysis – With Euro Running the Show, Strengthens Over 98.835, Weakens Under 98.685
The U S Dollar is trading flat against a basket of currencies early Thursday but the index really isn t a good indicator of what is happening in the Forex markets because it is heavily weighted in Euros which are also trading flat The U S Dollar is trading flat against a basket of
Health Care Sector Update for 09/12/2019: MNK, TTOO
Top Health Care Stocks Top Health Care Stocks JNJ 0 02 JNJ 0 02 PFE 0 24 PFE 0 24 ABT FlatABT Flat MRK 0 69 MRK 0 69 AMGN FlatAMGN Flat Health care giants were mixed pre bell Thursday Health care giants were mixed pre bell Thursday Early movers include Early movers
Stock Market News For Sep 12, 2019
Wall Street surged on Wednesday after trade related tensions between the United States and China eased Moreover investors are expecting further rate cut by the European Central Bank and the Fed this month All three major stock indexes closed in the positive territory The Dow Jones
Cryptocurrency vs. Penny Stocks
Since the price is low an investor with little capital can buy shares and in case he can read the market correctly his investment will have healthy returns Since the price is low an investor with little capital can buy shares and in case he can read the market correctly his investment
The Dollar Ignored Trump’s Call For Zero-Rates
However the Fed may well ignore this call which does not correspond with the dual mandate of the central bank maintaining stable inflation and full employment The Fed lowered interest rates to zero and launched an asset buyback programme during a sharp economic downturn when unemployment
CPI Core Stronger, Jobless Claims Drop & More
Thursday September 12 2019 Following a slightly better than expected August Producer Price Index PPI headline Wednesday this morning we see its counterpart the Consumer Price Index CPI arrive in line with estimates 0 1 is lower than the 0 3 we saw in July Subtracting food
Do Two Weekly Declines Make a Case for Lower Gold Ahead?
Only except that they won t at least not for several months Is anything different now than it was during other gold corrections in the past couple of months Yes There are three major details that prove that this time really is different First it s the fact that gold declined for two weeks
Health Care Sector Update for 09/10/2019: CANF, MNK, MESO, JNJ, PFE, MRK, ABT, AMGN
Top Health Care Stocks Top Health Care Stocks JNJ 1 06 JNJ 1 06 PFE 1 00 PFE 1 00 ABT 0 26 ABT 0 26 MRK 1 52 MRK 1 52 AMGN FlatAMGN Flat Top health care stocks were retreating pre bell Tuesday Top health care stocks were retreating pre bell Tuesday Early movers include
U.S. Dollar Index Futures (DX) Technical Analysis – Establishing Support at 98.350 to 98.120
The U S Dollar is trading slightly higher on Tuesday against a basket of currencies The price action is basically reflecting the movement in the Euro which is the dominant current in the dollar index The greenback is trading inside last Thursday s wide range for a third session
3 Big Stock Charts for Tuesday: Boston Scientific, GM and United Airlines
InvestorPlace Stock Market News Stock Advice amp Trading Tips The bulls tried to revive the rally from last week as the new trading week began but no dice The S amp P 500 essentially broke even on Monday as investors remain on the fence about the true strength of the global
Tuesday’s Vital Data: Twilio, AT&T and Bank of America
InvestorPlace Stock Market News Stock Advice amp Trading Tips U S stock futures are trading lower this morning with tech stocks leading the descent Yesterday saw heavy sector rotation with money exiting software stocks and entering energy and banks While the movement is weighing on
Futures Flat, ECB Meeting Comes Into Focus, Chinese Inflation Weaker Than Expected
The U S Futures Are Flat and Mixed In Early Tuesday TradingThe U S Futures Are Flat and Mixed In Early Tuesday Trading The U S futures are indicating a flat to slightly lower open on Tuesday after Monday s rally fizzled out The Dow Jones Industrial Average S amp P 500 and and NASDAQ
Pre-Market Tepid on Slow News, Apple (AAPL) Event
Tuesday September 10 2019 Pre market futures are dialing back a bit from a mixed trading day on Monday September has performed strongly thus far up 1 5 2 0 on the major indexes Even more on positive sentiment the indexes only need to rise another 2 or so higher to reach those all
Stock Market News For Sep 10, 2019
Wall Street witnessed choppy trading Monday as investors weighed the likely outcome of the latest round of trade talk between the United States and China Moreover market participants are waiting for fresh dose of stimulus from major central banks expected to be announced later this month The
Health Care Sector Update for 09/10/2019: XERS,NKTR,PHR,AGIO
Top Health Care StocksTop Health Care Stocks JNJ 1 44 JNJ 1 44 PFE 0 94 PFE 0 94 ABT 2 04 ABT 2 04 MRK 3 03 MRK 3 03 AMGN 3 29 AMGN 3 29 Health care stocks added to their mid day declines with the NYSE Health Care Index slipping over 0 3 this afternoon while the shares of
Market Close Report: NASDAQ Composite index closes at 8,084.16 down -3.28 points
Tuesday s session closes with the NASDAQ Composite Index at 8 084 16 The total shares traded for the NASDAQ was over 2 49 billion Tuesday s session closes with the NASDAQ Composite Index at 8 084 16 The total shares traded for the NASDAQ was over 2 49 billion Advancers stocks led declining
Stock Market Today: Streaming Wars Are About to Get Real
InvestorPlace Stock Market News Stock Advice amp Trading Tips Tuesday marked another interesting day in U S equities Investors saw good bad and ugly in the stock market today with assets mixed for the second straight session Worth noting in this case though the
Dow Jones Today: Apple Didn’t Save the Market
InvestorPlace Stock Market News Stock Advice amp Trading Tips Technology bellwether Apple NASDAQ AAPL held its highly anticipated new products reveal today in California plenty more on that later and while the iPhone maker announced some interesting
4 Top Stock Trades for Wednesday: AAPL, DIS, NFLX, ROKU
InvestorPlace Stock Market News Stock Advice amp Trading Tips All eyes were on Apple NASDAQ AAPL for its streaming announcements as well as new iPhones iPads and Apple Watch upgrades The implications go further than just Apple and the
A light Economic Calendar Leaves Brexit and the ECB in Focus
Earlier in the Day Earlier in the Day The economic calendar was on the lighter side through the Asian session this morning Key stats included 3 rd quarter BSI Large Manufacturing Conditions figures and September consumer sentiment numbers out of Australia Theeconomic calendar was on
Apple Suppliers Trading Higher in Asia
The major Asia Pacific stock indexes are trading mostly higher early Wednesday overcoming the lackluster overnight trade on Wall Street that saw small gains posted by the benchmark S amp P 500 Index and blue chip Dow Jones Industrial Average U S technology shares were under pressure for a
We Are Living in a World With Interconnected Balance Sheets, Says BIS' Shin
Oct.12 — Shin Hyun-Song, economic adviser and head of research at BIS, discusses the potential for another Asian economic crisis, his views on Indonesia’s economy, his outlook for the bond market, central bank policies and the biggest risk he’s seeing for global economy. He speaks on “Bloomberg Markets: China Open” from the IMF-World Bank meetings in Bali.
Why Home Depot's Share Climbed 1.6x In 3 Years
Home Depot s HD stock price has increased more than 1 6x from 134 share in August 2016 to 220 share in August 2019 The increase was primarily driven by a continuous increase in Total Revenue Net Income margin and the buyback of shares Revenue growth and margin increase are expected
What To Make of Roche's Drugs With $21 Billion In Sales Nearing Patent Expiry?
Roche Holding s 160 RHHBY 160 key blockbuster drugs Herceptin and Avastin will lose their market exclusivity in 2019 while another blockbuster drug Rituxan has already lost its exclusivity These three drugs are important for Roche as they generate 21 billion in annual
By The Numbers: How Tariffs On Airpods & Apple Watch Impacts Apple's Profits
Bloomberg reported that Apple s 160 AAPL Airpods Apple Watch some Beats headphones and HomePod face a 15 tariff in the United States starting from Sunday Sept 1 marking the first time Apple will see a direct impact of the escalating trade war between the U S and China We believe it
Industry Headwinds, Fallout Of Recent Data Breach To Weigh On Capital One's Stock
Capital One COF is one of the largest issuer of credit cards in the U S with more than 110 billion in outstanding credit card loans at the end of 2018 It provides consumer banking commercial banking and credit card services to retail consumers small business amp corporates Its
How Tesla's Deliveries Compare With Luxury Rivals Audi, BMW, Mercedes
Tesla TSLA has significantly scaled up its production over the last few years driven by the Model 3 In this analysis we take a closer look at Tesla s total deliveries and compare them with other rivals in the luxury market Tesla TSLA has significantly scaled up its production
U.S.-China Trade Deal a Pipe Dream?
Tuesday September 3 2019 Beginning a new month of trading we see market futures down in today s pre market A new round of tariffs levied in the ongoing trade war between the U S and China were put into place Sunday September 1st This will not only increase the challenges for
Health Care Sector Update for 09/03/2019: ALNY, EMMA, AZN, CDTX
Top Health Care Stocks Top Health Care Stocks JNJ 0 27 JNJ 0 27 PFE 1 59 PFE 1 59 ABT 1 28 ABT 1 28 MRK 0 01 MRK 0 01 AMGN 1 47 AMGN 1 47 Top health care stocks were mixed in midday trading including a 0 3 dip for the NYSE Health Care Index Also shares of health
We Are Living in a World With Interconnected Balance Sheets, Says BIS' Shin
Oct.12 — Shin Hyun-Song, economic adviser and head of research at BIS, discusses the potential for another Asian economic crisis, his views on Indonesia’s economy, his outlook for the bond market, central bank policies and the biggest risk he’s seeing for global economy. He speaks on “Bloomberg Markets: China Open” from the IMF-World Bank meetings in Bali.
Health Care Sector Update for 09/03/2019: ABEO,EBS,TMD.TO,TMDI,APLS
Top Health Care StocksTop Health Care Stocks JNJ 0 32 JNJ 0 32 PFE 1 45 PFE 1 45 ABT 1 71 ABT 1 71 MRK 0 19 MRK 0 19 AMGN 1 36 AMGN 1 36 Health care stocks were moderately lower compared with most other sectors this afternoon with the NYSE Health Care Index slipping about 0 3
Market Close Report: NASDAQ Composite index closes at 7,874.16 down -88.72 points
Tuesday s session closes with the NASDAQ Composite Index at 7 874 16 The total shares traded for the NASDAQ was over 2 18 billion Declining stocks led advancers by 2 47 to 1 ratio There were 926 advancers and 2287 decliners for the day On the NASDAQ Stock Exchange 35 stocks reached a 52
4 Top Stock Trades for Wednesday: TWTR, WMT, CLF, NVTA
InvestorPlace Stock Market News Stock Advice amp Trading Tips Tuesday marked the first trading session of September as well as the first session in the holiday shortened week with U S equity markets closed on Monday in observance of Labor Day It wasn t an easy session
Forex Daily Recap – Cable Took a Breather amid Brexit Showdown
GBP USD GBP USDGBP USD After four red sessions in a row the Cable bulls took a breather today post UK Parliamentary voting Quite surprisingly UK PM Boris Johnson s Conservative Party lost majority in the Parliament The leading player for the Liberal Democrats win was Phillip Lee the
Stock Market Today: Google Probe Intensifies; New Lows for Uber, Lyft
InvestorPlace Stock Market News Stock Advice amp Trading Tips After a three day weekend it appeared that investors didn t quite have their sea legs ready for Tuesday s action Traders saw a lower open in the stock market today followed by a larger decline into mid
Dow Jones Today: Not the Way to Start September
InvestorPlace Stock Market News Stock Advice amp Trading Tips September has a dubious reputation among the 12 months when it comes to equity market performance Over the past two decades the S amp P 500 has averaged a September decline of 1 1 making the ninth month of the year
China Data Provides Support as Focus Shifts to the EUR and GBP
Earlier in the Day Earlier in the Day The economic calendar was on the busier side through the Asian session this morning Key stats included August manufacturing numbers out of China Australia and Japan 2 nd quarter capital spending out of Japan and 2 nd quarter company gross