liquidity

Bitcoin tops $77,000 as Treasury buyback rally extends into third day

Bitcoin extended a week-long rally on Friday, climbing above $77,600 and approaching $78,000 as investors continued to digest the U.S. Treasury Department's decision to double its long-dated bond buyback operations — a move some in the market have likened to…

ECB stress test finds some banks could breach liquidity limits in geopolitical crises

The European Central Bank on Friday published the results of a first-of-its-kind reverse stress test focused on geopolitical risks, finding that some euro zone banks could breach foreign-currency liquidity requirements under severe scenarios such as military conflicts or cyberattacks.

ECB debates doubling banks’ minimum reserve ratio to 2%

The European Central Bank is considering doubling the minimum reserves that euro-area banks must hold in unremunerated accounts, a move that would reduce the central bank's interest bill while preserving its monetary policy stance, according to a Reuters exclusive report…

PBOC launches overnight reverse repos at below-expected rate

China's central bank on Monday launched its first-ever overnight reverse repo operation, injecting 300 billion yuan ($44.1 billion) into the financial system at a rate of 1.25% — a level that came in below what traders had anticipated, in what…