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LN24 > Blog > Central Banks
Gold Overtakes Euro
19
Jun

Gold Overtakes Euro

  • LN24 / 6 months
  • 0
  • 6 min read

In June 2025, the European Central Bank (ECB) reported that gold surpassed the euro to become the second-largest global reserve asset by market value, trailing only the US dollar. Gold accounted for about 20% of global official reserves at the end of 2024, overtaking the euro’s 16%. This shift was driven by a 30% surge […]

Bank of England Cuts Interest Rates by 25bps, Signals Further Easing Ahead
09
May

Bank of England Cuts Interest Rates by 25bps, Signals Further Easing Ahead

  • LN24 / 8 months
  • 0
  • 2 min read

The Bank of England (BoE) lowered its benchmark interest rate by 25 basis points to 4.25% on Thursday, aligning with market expectations amid rising concerns over the economic impact of new U.S. tariffs. The move is the BoE’s first rate cut in over a year and signals the beginning of a potential easing cycle to […]