BoE Study: Markets Need to be Resilient as Well as Effective – Profit & Loss Financial markets need to be more than just effective, according to a Bank of England paper which argues they need to be equally resilient.
Dollar Slips as China Worries Vanquish Investor Risk Appetite – Reuters The U.S. dollar edged down in Asian trading on Monday, as investors’ appetite for risk evaporated against a background of downbeat Chinese factory surveys.
Bitcoin Hit a New High for 2015 – Business Insider The cryptocurrency started Friday October 30 by setting a new 2015 high for its price, breaking past the $320 level for the first time all year.
Norway to Sell NOK 700 mln of FX per Day in Nov – Reuters Norway’s central bank will sell foreign exchange equivalent of 700 million Norwegian crowns per day in November, like it did in October, the bank said on Friday on its page.
ECB Reveals Capital Hole in Greek Banks as Unpaid Loans Soar – Reuters Greece’s banks need to raise more than 14 billion euros (10 billion pounds) of extra capital to cover mounting unpaid loans, the European Central Bank said on Saturday.
Bank of England and US Authorities to Simulate Cyber-Attack – Telegraph The British and American financial systems will be tested to see how well they stand up to attacks by hackers, in the wake of the TalkTalk scandal.