Varo is the latest digital bank to garner a multibillion-dollar valuation and millions of new customers who are dissatisfied with traditional institutions.
Archiv für den Monat: September 2021
European Central Bank slows its bond purchases as inflation surges
The European Central Bank kept its monetary policy unchanged on Thursday but opted to slow down the pace of net asset purchases under its pandemic emergency purchase program.
Stocks making the biggest moves premarket: Lululemon, GameStop, Boston Beer, RH and others
These are the stocks posting the largest moves before the bell.
Spain’s top soccer league is launching NFT fantasy football cards for all its players
La Liga has agreed an exclusive, long-term partnership with French start-up Sorare to launch NFT fantasy football cards.
Boston Beer falls nearly 10% as weak hard seltzer demand forces it to pull earnings guidance
Boston Beer pulled its earnings guidance Wednesday amid a big slowdown in sales of Truly, its hard seltzer brand.
GameStop falls more than 7% despite posting narrower loss and rising sales
Shares of GameStop fell about 2% in extended trading on Wednesday even after the retailer said its second-quarter losses narrowed year over year.
Lululemon shares surge on earnings beat, hiked outlook as shoppers spend on workout apparel
Lululemon shares rose after the athletic apparel maker reported fiscal second-quarter profit and revenue that topped analysts‘ expectations.
NFL data rights partner Genius Sports sees revenue double in the second quarter
NFL data rights licensee Genius Sports said it made $55.8 million in revenue for the second quarter as its stock to a dive in after-hours trading.
ECB leaves key rates unchanged in September monetary policy meeting, as expected
ECB announces their latest monetary policy decision – 9 September 2021
In any case, as mentioned earlier , the optics may suggest a more hawkish tilt but essentially this will be balanced out by continued (and likely higher) APP purchases once the PEPP envelope expires in March next year.
So, it is basically just an operational/technical taper
In any case, as mentioned earlier , the optics may suggest a more hawkish tilt but essentially this will be balanced out by continued (and likely higher) APP purchases once the PEPP envelope expires in March next year.
So, it is basically just an operational/technical taper
ForexLive European FX news wrap: Dollar slightly lower, ECB coming up
Forex news from the European trading session – 9 September 2021
Headlines:
Markets:
– GBP leads, CAD lags on the day
– European equities lower; S&P 500 futures down 0.2%
Headlines:
Markets:
– GBP leads, CAD lags on the day
– European equities lower; S&P 500 futures down 0.2%