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A Bank of England staff working paper examined the October 2016 sterling flash crash in the sterling/dollar pair. It concluded that the latter stages of the price drop were unusual relative to traded volumes.
The paper is a retrospective study with no new policy action.
The paper concerns market microstructure and has no direct bearing on feed supply, demand or prices. It is background only for currency-hedging decisions.
centralbanking.comCentral Banking NewsdeskOct 30, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
