overnight rate has been shown to smooth out volatility and daily fluctuations in overnight market rates, thereby more accurately reflecting interest rate movements over a given period of time. The New York Fed has indicated that it plans to begin publishing averages of SOFR by the first half ...
London has fallen behind New York, Toronto and Sydney as a global venue for mining company listings, and investors warn it is in danger of being “sidelined” by a sector it once dominated if a few major groups head overseas. The market capitalisation of London-listed mining stocks has shrun...
The methodology for an exercise to assess the resilience of EU banks to adverse market conditions and test the state of their capital allocations has been released by the European Banking Authority (EBA).