BoE Bank Liabilities Survey (Q2): Total funding volumes increased in Q2 and expected to increase in Q3
BofA weekly card spending data (w/e 28st June): +7.0% (prev. +6.8%); many other categories have slowed sharly, perhaps due to a shift in the post-Juneteenth weekend
Iran says it will respond to US interventions in the Strait of Hormuz, Fars reports
BoE Bank Liabilities Survey (Q2): Total funding volumes increased in Q2 and expected to increase in Q3
SNB Vice Chair says liquidity and capital measures are most important to address weaknesses identified in the Credit Suisse crisis
US has informed Iran that changing the status quo around the Strait of Hormuz would be a violation of the current understanding and would be unacceptable, according to Al Arabiya sources
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- Cost of funding on ‘other’ funding and retail deposits increased in Q2 and is expected to increase for ‘other’ funding and retail deposits in Q3.
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