Lebanese bankers and politicians are eyeing a sale or lease of part of the central bank’s large gold reserves to rescue banks and the economy, according to FT
The consideration of selling or leasing central bank gold reserves by Lebanese bankers and politicians signals a critical move in response to severe economic distress.
South Korea's Finance Minister says the trade deal with the US is still valid
China reportedly experienced robust consumer activity across sectors during the Spring Festival holiday, according to China Daily
Lebanese bankers and politicians are eyeing a sale or lease of part of the central bank’s large gold reserves to rescue banks and the economy, according to FT
US forces begin withdrawing their troops from Syria to Iraqi Kurdistan, according to Al Jazeera
Magnitude 6.3 earthquake strikes Alaska, according to USGS
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This could potentially ease liquidity pressures on banks, but may also introduce instability regarding the central bank's reserve management and confidence in monetary policy. Investors should watch for implications on gold prices and regional risk sentiment as this situation evolves.
Related headlines
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks5 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee1 hour ago
- BoJ accounts show there was no large-scale yen intervention on Wednesday4 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed4 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources4 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday5 hours ago
- BoJ is reportedly favouring 25bps hike and a flexible future pace, sources suggest5 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased9 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port1 hour ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass1 hour ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits3 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind4 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates4 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement5 hours ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 6 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets7 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output7 hours ago
- [MARKET ANALYSIS] Dollar is marginally softer with a mixed performance against major peers, while JPY continues its outperforms despite no obvious news catalysts9 hours ago
- US Ambassador to NATO Matthew Whitaker says Iran is a bankrupt country and will not be able to pay anyone in its military, civil service or government, nor subsidise its society12 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Hanwha Ocean (042660 KS) won a KRW 1.55tln order from Taiwan’s Yang Ming Marine Transport to build six LNG dual-fuel container ships13 hours ago
The whole workspace, free to try.
Try it free