A tidal wave of increased global regulation has made Know Your Customer (KYC) compliance more difficult and more expensive than ever before.
Archiv für den Monat: November 2020
China’s Xi says country will speed up trade talks with EU, Japan and South Korea
At the China International Import Expo’s opening, President Xi Jinping talked up plans for playing a greater role in global trade, without mentioning the U.S.
Stocks making the biggest moves in the premarket: Hilton, Scotts Miracle-Gro, Wendy’s & more
The stocks making the biggest moves in premarket trading include Hilton, Scotts Miracle-Gro, Wendy’s, and more.
Nearly $1 billion worth of bitcoin linked to Silk Road black market is on the move, analysis shows
About $950 million worth of bitcoin believed to have originated from the site was moved out of a bitcoin wallet, according to Elliptic.
Inflows into Chinese mutual funds surge, with new issuance topping $370 billion
Chinese mutual funds have been on a tear this year, a sign of changing investor behavior as the local capital markets mature.
Stock futures rise as investors await election winner, tech shares jump
U.S. stock futures rose even as the results of the presidential contest so far failed to yield a clear winner on election night.
US MBA mortgage applications w.e. 30 October +3.8% vs +1.7% prior
Latest data from the Mortgage Bankers Association for the week ending 30 October 2020
– +1.7%
– Market index 838.2 vs 807.8 prior
– Purchase index 301.2 vs 305.2 prior
The bulk of the surge last week was due to a jump in refinancing activity as purchases slowed down once again. Overall, this still points to the housing market
– +1.7%
– Market index 838.2 vs 807.8 prior
– Purchase index 301.2 vs 305.2 prior
The bulk of the surge last week was due to a jump in refinancing activity as purchases slowed down once again. Overall, this still points to the housing market
The latest count in Michigan sees Trump’s lead narrowing
Detroit ballots are in and Trump’s lead in Michigan got slashed significantly
This is the same as earlier (Milwaukee was the turn there) as Wayne County (Detroit) just reported roughly 150,000 ballots and nearly 140,000 were for Biden.
This is the same as earlier (Milwaukee was the turn there) as Wayne County (Detroit) just reported roughly 150,000 ballots and nearly 140,000 were for Biden.
The market is at least guaranteed one battle will continue once the election is out of the way
Regardless of who wins the White House, the battle between COVID-19 and central banks will still continue
Even though the election race may still prove to be too close to call, the market can at least bet that there are two things they can count on once this is over and done with.
Even though the election race may still prove to be too close to call, the market can at least bet that there are two things they can count on once this is over and done with.
Dollar gains ease as the market digests the tense US election rhetoric
The dollar is trimming some of its earlier advance as stocks stay more choppy
EUR/USD is now back up to 1.1700, working its way above the 100-hour moving average at 1.1670. Meanwhile, GBP/USD is back up above 1.3000 after having traded to as low as 1.2915 earlier as buyers now seize back near-term control in the
EUR/USD is now back up to 1.1700, working its way above the 100-hour moving average at 1.1670. Meanwhile, GBP/USD is back up above 1.3000 after having traded to as low as 1.2915 earlier as buyers now seize back near-term control in the