ECB's Lagarde: Europe needs to level up regulation of non-banks involved in bank-like activities

ECB's President Lagarde: Euro area has shown more resilience than anticipated - Finland's MTV Oy Interview ECB's President Lagarde: We are in a good place, and we have to make sure that we stay in that good place. ECB's President Lagarde: We will do what's needed to meet the mandate and we have done a lot.

For people who closely follow the U.S. economy, the first Friday of every month is known as “jobs Friday,” when the Bureau of Labor Statistics releases the previous month’s employment report at precisely 8:30 a.m. ET. But on this jobs Friday, September's employment data — a critical window into the health of the U.S. labor market — will not be released. ...

Central banks added a net 15t to global gold reserves in August, based on reported data from both the IMF and respective central banks. This is broadly in line with monthly net purchases between March and June, and signals a return to buying form after global reserves were unchanged in July (we revised down our initial July estimate of +10t after Bank ...