EUR/USD
1.17656
0.253%
Gold
3681.73
1.032%
Oil
63.119
1.375%
USD/JPY
147.320
-0.176%
GBP/USD
1.36021
0.302%
GBP/JPY
200.390
0.123%
Real-time News
Venezuelan President Maduro: The recent events created by the United States are "aggression" rather than "tension."September 16th, having an emergency fund to prepare for emergencies has long been considered an important financial goal, but many Americans are saving less now than before. In fact, one-third of Americans say they dont have an emergency fund. According to a June survey conducted by the budgeting app Empower, Americans said they have a median of $500 saved for emergencies. This is $100 less than the median of $600 in the same survey conducted by Empower a year ago. "This research shows that financial instability is occurring at a time when rising prices and inflation can put a strain on household finances," Rebecca Richter, director of communications at Empower, said in the study.On September 16th, the Bank of England (BoE) announced it expects to significantly slow the pace of its balance sheet reduction. Some investors are even calling for a "drastic" measure—a complete halt to all active bond sales—to ease pressure in the UK gilt market. The BoEs Monetary Policy Committee will announce whether it will slow the pace of its gilt bond reductions alongside its latest interest rate decision this Thursday. This reduction is part of its quantitative tightening program. Currently, the BoE is reducing its holdings by £100 billion annually through active sales and maturing bonds, down to £558 billion. According to a recent official survey, UK gilt investors expect this rate to slow to approximately £72 billion per year.The Federal Reserve accepted a total of $16.954 billion from 16 counterparties in fixed-rate reverse repurchase operations.The Bank of England is expected to slow the pace of balance sheet reduction following market turmoil.
