Check out the companies making headlines in midday trading.
Archiv für den Monat: Juli 2021
Binance CEO says ‚compliance is a journey‘ as world’s largest crypto exchange faces growing crackdown
„Compliance is a journey – especially in new sectors like crypto,“ Changpeng Zhao, CEO of Binance, said in a blog post Wednesday.
Visa says crypto-linked card usage tops $1 billion in first half of 2021
“We are doing a lot to create an ecosystem that makes cryptocurrency more usable and more like any other currency,“ Visa CFO Vasant Prabhu told CNBC.
Wise direct listing values fintech giant at $11 billion in big win for post-Brexit London
Wise shares opened at £8 a share Wednesday morning, giving the company a market value of £8 billion ($11 billion).
Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
China says that will timely use RRR cuts to support real economy
Remarks by China’s Cabinet via state media
There have been concerns as of late that policy support may be waning in China but officials have rebuffed that narrative in the past week or so, and this adds to that.
There have been concerns as of late that policy support may be waning in China but officials have rebuffed that narrative in the past week or so, and this adds to that.
IMF’s Georgieva: There is risk of more sustained rise in inflation, which could require sooner policy tightening
Remarks by IMF president, Kristalina Georgieva
The IMF pretty much weighing on central bank policy although their voice has been relatively insignificant for the most part over the past few years, if not always.
The IMF pretty much weighing on central bank policy although their voice has been relatively insignificant for the most part over the past few years, if not always.
US MBA mortgage applications w.e. 2 July -1.8% vs -6.9% prior
Latest data from the Mortgage Bankers Association for the week ending 2 July 2021
– -6.9%
– Market index 627.0 vs 638.8 prior
– Purchase index 252.4 vs 255.2 prior
– -6.9%
– Market index 627.0 vs 638.8 prior
– Purchase index 252.4 vs 255.2 prior
Japan reportedly preparing to declare state of emergency in Tokyo
The Sankei daily newspaper reports on the matter
This comes amid a rise in infections, with Tokyo recording 920 new daily cases today – the highest since 13 May.
This comes amid a rise in infections, with Tokyo recording 920 new daily cases today – the highest since 13 May.