Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them ...
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
Bank of England launches emergency fund to prevent repeat of £45bn gilts crisis
The UK's central bank has launched an emergency lending facility to prevent a repeat of the hike in government borrowing ...
UK banks clash with Bank of England over rules on loss-absorbing debt
UK Finance called for the central bank to go further by increasing the size threshold to £40bn-£50bn to take account of inflation since the rule was introduced in 2015. It also called for the active ...
This expert highlights what could be the macro trade of the coming years. It’s not about Trump.
The former chief currency strategist at Goldman Sachs, Robin Brooks, says this currency pairing is going to do something ...