金融时报-2019-06-21

World MarketsSTOCK MARKETSJun 20prev%chgS&P 5002944.812926.460.63Nasdaq Composite8038.127987.320.64Dow Jones Ind26675.3326504.000.65FTSEurofirst 3001522.021515.330.44Euro Stoxx 503471.533454.700.49FTSE 1007424.447403.540.28FTSE All-Share4054.834040.930.34CAC 405535.575518.440.31Xetra Dax12355.3912308.530.38Nikkei21462.8621333.870.60Hang Seng28550.4328202.141.23MSCI World $2161.602150.910.50MSCI EM $1038.271023.911.40MSCI ACWI $518.92515.820.60CURRENCIESJun 20prev$ per €1.1291.122$ per £1.2701.263£ per €0.8890.888¥ per $107.540 108.405¥ per £136.581 136.932SFr per €1.1091.116€ per $0.8860.892Jun 20prev£ per $0.7870.792€ per £1.1251.126¥ per €121.424 121.582£ index77.27576.851SFr per £1.2471.257COMMODITIESJun 20prev%chgOil WTI $56.9053.975.43Oil Brent $64.3861.824.14Gold $1344.051341.350.20INTEREST RATESpriceyieldchgUS Gov 10 yr127.611.98-0.11UK Gov 10 yr147.060.81-0.06Ger Gov 10 yr147.17-0.32-0.03Jpn Gov 10 yr119.63-0.17-0.03US Gov 30 yr104.052.51-0.06Ger Gov 2 yr101.24-0.76-0.02priceprevchgFed Funds Eff2.402.45-0.05US 3m Bills2.242.27-0.03Euro Libor 3m-0.38-0.370.00UK 3m0.780.780.00Prices are latest for editionData provided by MorningstarCHRIS GILES AND CAROLINE BINHAMThe Bank of England intends to throwopen its vaults to tech companies forthefirsttime,allowingthemtobankatThreadneedle Street on a level playingfieldwithcommercialbanks.Theideaofallowingallpaymentprovid-ers to store funds overnight in interest-bearing accounts at the central bankwould help ensure “similar activitiesshouldberegulatedconsistently,”MarkCarney,theBoEgovernor,saidlastnightattheannualMansionHousespeech.The move will be seen as a threat toexisting banks, which have exclusiveaccess to BoE payments operations andcan make money as intermediaries tootherpaymentproviders.The policy is in line with Mr Carney’scomments this week about having an“open mind” about Facebook’s pro-posed digital currency, Libra. Sterlingfundsunderpinningthecurrencywouldbe offered a safe interest-bearingaccount, relieving the tech company ofbankingchargesandtheriskofitscom-mercialbankingpartnersgoingbust.However, the governor stressed thatonly companies that meet strict stand-ards would be given access. “Unlikesocial media, for which standards andregulations are being debated well afterit has been adopted by billions of users,the terms of engagement for innova-tions such as Libra must be adopted inadvanceofanylaunch,”MrCarneysaid.At present only commercial bankscan store money at the BoE, which isguaranteed to be safe as it is backed bythe central bank’s ability to createmoney.MrCarneysaidthatofferingtheBoE’s services to others, which wouldcomeonlyafteraperiodofconsultation,would increase competition in pay-ments systems and reassure the publicof their safety. “Users should benefitfrom the reduced costs and increasedcertaintythatcomeswithbankingatthecentralbank,”thegovernorsaid.In his speech, Philip Hammond, thechancellor, said the financial servicessector would need to “embrace change,disruption and ch