Daily Dispatches

12:02p ET Thursday, March 8, 2018

Dear Friend of GATA and Gold:

The London Bullion Market Association, gold researcher Ronan Manly discloses today, has stopped providing timely reports of the daily gold and silver auction price fixes and has against postponed its plans to publish trade data about the monetary metals.

By Peter Hobson
Reuters
Wednesday, March 7, 2018

LONDON -- The five banks that settle every transaction in London's $6.8 trillion (4.9 trillion pounds) a year gold market are changing the rules of their clearing house to make it easier for newcomers to join.

Central Banks Have Work to Do to Regain Their 'Special Sauce'

By Fergal O'Brien
Bloomberg News
Tuesday, March 6, 2018

The financial crisis, global recession, and a long, slow recovery have dented public faith in central banks and it's going to be a hard slog to win it back, according to the Bank of England's chief economist.

By Karen Brettell
Reuters
Monday, March 5, 2018

A committee of large banks tasked with helping U.S. derivatives markets move away from reliance on the London interbank offered rate (Libor) said today that the benchmark rate underpins more derivatives and loans than previously thought, adding to the need to reduce its influence.