After policy meetings from five central banks last week, we have three more in coming days – the FED, the Bank of Japan and the Swiss National Bank. Neither one of them is expected to change their respective interest rates, do markets will focus on easing policies. After recent remarks from Ben Bernanke, it is [...]

The US Treasury Department released data about holder of US debt. According to latest statistics, foreigners held a total of $5 trillion at the end of 2011, an increase from $4.44 trillion in December 2010. China remains the largest lender to the US government, although the country does not hold as many securities as it [...]

In the much-anticipated event of the day, the European Central Bank conducted second round of its three-year refinancing operation. Today’s LTRO was well received, with banks borrowing EUR529 billion. The higher amount of loans in the second round meant that bank participation exceeded December’s facility by about EUR 50 billion. While this was comparable to [...]