China’s buy now pay later market is set to grow — but the industry is still at a nascent stage, and challenges lie ahead, experts told CNBC.
Archiv für den Monat: Dezember 2021
Dow futures up nearly 200 points following Fed decision to aggressively wind down asset purchases
U.S. stock futures rose during the early hours of Thursday after the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022.
CBRT cuts by 100BPS as expected
14.00% vs 15.00% priorInflation is over 20% in Turkey and the CBRT cuts due to President Erdogan’s unorthodox belief that high inflation is caused by high interest rates. USDTRY up at highs and as stunned as the rest of us.
Prospect of less hawkish than feared Fed boosts risks appetite
The recent risk off moves from Nov 30 where on two things. Firstly, Omicron uncertainty. Secondly, fears the Fed would make a policy mistake. Both those fears are not gone, but are less prominent.
This is helping risk. Equities are up, volatility is down, yields are flat (but that’s good in context
This is helping risk. Equities are up, volatility is down, yields are flat (but that’s good in context
EURNZD: Ready to tumble out of the ECB meet?
The EUR saw gains as its funding currency unwound with the JPY and the CHF on the risk off tones after the US thanksgiving. A funding currency is a cheap currency that you pair with high betas (like the NZD). So, the EUR gained on that. BUT the eurozone has surging cases. The services PMI have misse