Executive Summary. Chart 1 Spreads of selected euro-area government bonds over German bunds (a) Sources: Thomson Reuters Datastream and Bank calculations.

Slides:



Advertisements
Similar presentations
The implications of the financial- economic crisis for the financial services industry Presentation: Globalaw Americas Regional meeting Hotel Hyatt Regency.
Advertisements

Section 5: Prospects for financial stability. Sources: Markit Group Limited and Bank calculations. (a)Probability of default, derived from CDS premia,
Section 5: Near- term prospects for the financial system.
Toward A Bottom-Up Approach in Assessing Sovereign Default Risk
Inflation Report February 2015 Money and asset prices.
Financial Stability Report 2007:2 4 December 2007.
Overview. Chart 1 European sovereign spreads(a) Sources: Thomson Reuters Datastream and Bank calculations. (a)Spread of ten-year government bond yields.
Section 2: Risks from the international financial system.
Macroeconomic Policy in the Eurozone: Are There Alternatives to Slow Growth and High Unemployment? Mark Weisbrot, Co-Director Center for Economic and Policy.
The Financial Crisis – Looking Back and the Way Forward Gertrude Tumpel-Gugerell Member of the Executive Board of the ECB Brussels, 22 January 2009.
Section 2: Short-term risks to financial stability.
Part A: Global environment. Chart A.1 Greek government bond spreads have risen sharply Sources: Thomson Reuters Datastream and Bank calculations. (a)
Part A: Market Liquidity. Chart A.10 Implied volatilities have increased recently Differences from averages, in standard deviations, of three-month option-implied.
European Long-Term Growth and the Euro Crisis Uri Dadush New York University, Stern School of Business October 8,
Section 3: Risks to UK banks from international financial system.
External Sector Econ 102 _2015. External Sector How is a country linked with other countries in the global world? 1)There are exchange of Goods and Services.
Inflation Report May 2011 Costs and prices. Chart 4.1 CPI inflation and the contribution of VAT, energy prices and import prices (a) Sources: ONS and.
US International Investment Position Sources: Source: United State Bureau of Economic Analysis,
European Fixed Income Markets Heike Eckert FIA Expo 2002 November 7, 2002.
Dr Martin Parkinson PSM Secretary to the Treasury 13 December 2011 A year in retrospect, a decade in prospect.
Inflation Report August 2012 Money and asset prices.
Inflation Report May Demand Chart 2.1 Contributions to quarterly growth in nominal GDP (a) (a) At market prices. Contributions may not sum to total.
Section 1: Global financial environment. Chart 1.1 Global growth revisions Sources: IMF World Economic Outlook and Bank calculations.
Section 3: Credit risks to the banking system. Table 3.A UK-owned banks’ claims (a)(b) Sources: Bank of England and Bank calculations. (a) End-June 2010.
Section 5: Prospects for financial stability. Chart 5.1 International equity indices (a) Sources: Thomson Reuters Datastream and Bank calculations. a)Denominated.
Inflation Report May Costs and prices Chart 4.1 Market beliefs about oil prices six and twelve months ahead (a) Sources: Bank of England, Bloomberg.
Haley Araki Owen Chen Richard Cheng Peter Shao The Recession is Over.
Inflation Report November Money and asset prices.
Countries of Europe France Spain Italy Germany Which country is this?
Highlights. Developing - country production growth easing industrial production, ch % (3 mma, saar ) High - income OECD Developing ex China Source :
Inflation Report February 2013 Money and asset prices.
Stefan Ingves Extra meeting of the Riksdag Committee on Finance 16 August 2011.
1 UK MONETARY POLICY: THE INTERNATIONAL CONTEXT Rachel Lomax Deputy Governor, Bank of England APCIMS Annual Conference 17 October 2005.
Inflation Report February Money and asset prices.
Section 5: Prospects for financial stability. Chart 5.1 Selected European government bond spreads (a) Sources: Thomson Reuters Datastream and Bank calculations.
Market Update Waseda Financial Investment Team 13 th June 2012.
Inflation Report August Costs and prices Chart 4.1 Consumer prices.
Inflation Report February Demand Chart 2.1 Consumer spending (a) (a) Chained volume measure.
Inflation Report May Money and asset prices.
Financial Stability Report June 2010 Press conference 1 June 2010.
UK Economic Outlook Solihull Business Forum – 29 th October 2012 Glynn Jones West Midlands Agency.
Inflation Report May Money and asset prices.
Part A: Financial market fragility. Chart A.10 Long-term interest rates remain low International ten-year government bond yields (a) Source: Thomson Reuters.
Part A: Emerging market economy risks. Chart A.1 The United Kingdom is linked to EMEs through several channels Sources: BIS Consolidated Banking Statistics,
Inflation Report November 2011 Money and asset prices.
Inflation Report May 2011 Money and asset prices.
The Euro Area Crisis: Origins, Prospects and Implications for the World Economy and Global Governance Domenico Lombardi UNLV, April 3, 2013.
Inflation Report August Money and asset prices.
Inflation Report February 2016 Global economic and financial developments.
Data Presentation Data Presentation Frances A. Pfab.
The creation of a only coin was approved in 1992 for the necessity to make easy the commercial exchanges to avoid the change of the coin.
Inflation Report May 2016 Global economic and financial developments.
External Sector Econ External Sector How is a country linked with other countries in the global world? 1)There are exchange of Goods and Services.
Part A: Global environment. Chart A.25 UK and euro-area banks’ equity prices have come under particular pressure Sources: SNL Financial, Thomson Reuters.
Inflation Report August 2016 A monetary policy package to support the UK economy.
Overview. Table A Key risks to the UK financial system.
Part A: Asset Valuations
Part A: Global Environment
Part B: Resilience of the UK financial system – Banking Sector
Part B: Banking Sector Resilience
Part A: Financial market fragility
Part A: Global environment
Inflation Report November 2016
Monetary Policy and Fiscal Soundness
Overview.
Part A: UK current account
Inflation Report November 2017
the Credit Crunch and the EU Wednesday, 18th March 2009
the Credit Crunch and the EU Wednesday, 18th March 2009
Prodcom Statistics in Focus
Presentation transcript:

Executive Summary

Chart 1 Spreads of selected euro-area government bonds over German bunds (a) Sources: Thomson Reuters Datastream and Bank calculations. (a) Ten-year government and EFSF bond spreads over German bunds. (b) Spreads as at 15 June 2011 except for EFSF spread, which is as at 17 June (c) Spreads as at 22 November 2011.

Chart 2 Claims on vulnerable euro-area countries via euro-area banking systems (a)(b) Sources: BIS consolidated banking statistics and Bank calculations. (a) All data are as at end-June Converted from US dollars into sterling using end-June exchange rate. (b)X-axis shows consolidated ultimate risk basis foreign claims by UK-owned banks on the banking systems of selected euro-area countries. Y-axis shows consolidated ultimate risk basis foreign claims on all sectors of Greece, Ireland, Italy, Portugal and Spain by selected euro-area banking systems.

Chart 3 UK banks ’ leverage Sources and footnotes: see Chart 2.4.

Table A Deleveraging plans of selected European banks Sources and footnotes: see Table 2.B.