Liquidity latest publications

February 25, 2019

Pause and end of cycle

Over the recent weeks there has been a major shift in the tone of central banks. The common theme of communications from different jurisdictions is one of caution and prudence.

June 18, 2018

Crystal clear

Amid the growing uncertainty of the global economic scenario, stemming from the potential escalation of tariff increases initiated by the US, the main central banks have launched a crystal-clear message this week: monetary policies are entering a new phase.

March 26, 2018

Liquidity or moratorium?

The ECB announced recently that it is studying the possibility of centralising emergency liquidity assistance (ELA) for banks in difficulties. At present the responsibility for this window lies with the national central banks, although with the authorisation of the ECB above certain limits.

January 2, 2018

The financial markets in 2018 - key factors

The new year will probably start much as the old one ends, with the markets in positive mood. Risk appetite has been the dominant note for much of the year, except for a few brief bouts of volatility generated by political events and geopolitical tensions.

November 14, 2017

Global Funds Outlook. Third quarter 2017

Capital continued to flows toward Global Investment Funds (GIF), albeit at a slower pace, driven by common factors (high global liquidity, subdued US interest rates among others). Over the coming quarters, inflows to GIF shall cool down as the unwinding of central bank balance sheets starts draining liquidity. Our baseline …

April 5, 2017

Colombia | Indicadores sintéticos de liquidez y la transmisión de la política monetaria

La liquidez de la economía colombiana se redujo entre finales de 2015 e inicios de 2016 y mejoró posteriormente. Se construyó un índice de liquidez agregada que resume los datos monetarios disponibles más actualizados. También, un indicador sintético de tasas de interés y se midió la transmisión de la política monetaria a l…

June 3, 2016

Turkey Monthly Banking Monitor

Financial tensions surged somewhat in May especially in EM as the probability of a FED rate hike increased. EM Equities under pressure. Risk premium (CDS) mildly increase on a higher probability of a Fed rate hike in June. Regulatory Developments: Risk weights on consumer loans and capital adequacy.

October 5, 2015

Financial Regulation Outlook. October 2015

This month we focus on: Single Retail Financial Market, Basel III monitoring report, New European framework for securitisation, Internal Capital Adequacy Assessment Process, Liquidity in financial markets, Debt Subordination in Europe and Data Protection Regulation