„There could be another shoe to drop“ over the next five weeks, according to Federated Hermes‘ Phil Orlando.
Mastercard enters ‚buy now, pay later‘ battle with new installment loan program
Mastercard is jumping into the competitive installment loan space by allowing banks and start-ups to ramp up their own „buy now, pay later“ offers.
UK software company Blue Prism agrees $1.5 billion sale to private equity firm Vista
The price for Blue Prism marks a major discount to U.S.-based rivals such as UiPath and Automation Anywhere.
Markets Week Ahead: Dow Jones, USD/JPY, BTC/USD, China Crypto Crackdown, Evergrande
The Dow Jones rose as investors brushed aside Evergrande woes for the Fed’s outlook. China’s crackdown on cryptocurrencies sent Bitcoin falling. Treasury yields are back on the rise, sending USD/JP…
ForexLive European FX news wrap: Yields, energy, inflation
Forex news from the European trading session – 28 September 2021
Headlines:
Markets:
– USD leads, NZD lags on the day
– European equities lower; S&P 500 futures down 0.8%
Headlines:
Markets:
– USD leads, NZD lags on the day
– European equities lower; S&P 500 futures down 0.8%
China reportedly calls on state-owned enterprises to pick up Evergrande assets
Reuters reports on the matter
The report says that Beijing is pushing for government-owned firms and state-backed property developers to purchase some of Evergrande’s assets, citing people with knowledge of the matter.
The report says that Beijing is pushing for government-owned firms and state-backed property developers to purchase some of Evergrande’s assets, citing people with knowledge of the matter.
Cable falls to lowest in ten weeks as pound weakens alongside firmer dollar
GBP/USD falls below 1.3600 for the first time since 21 July
Money markets have now moved to price in a BOE rate move to 0.50% in June next year as compared to August pricing last week. While that may seem supportive for the pound, the reasoning for such a hike in rates is less encouraging.
Money markets have now moved to price in a BOE rate move to 0.50% in June next year as compared to August pricing last week. While that may seem supportive for the pound, the reasoning for such a hike in rates is less encouraging.
China State Grid says will strictly control consumption by high-energy and polluting sectors
China to take measures in dealing with the troubling power crunch
It is a tall order given the situation and there is already an expected toll to be had on China’s economy going into Q4. We’ll see how things go in the next few weeks/months but for now, the situation is still rather cumbersome – much
It is a tall order given the situation and there is already an expected toll to be had on China’s economy going into Q4. We’ll see how things go in the next few weeks/months but for now, the situation is still rather cumbersome – much
FX option expiries for 28 September 10am New York cut
A look at what is on the board for today
I thought I posted this earlier but missed it in the drafts, so apologies on that. Just a couple of ones to take note of today, as highlighted in .
I thought I posted this earlier but missed it in the drafts, so apologies on that. Just a couple of ones to take note of today, as highlighted in .