Fed Seen Speeding Taper of MBS in Early-2022 Start to Pullback (Bloomberg) -- The Federal Reserve will start scaling back asset purchases next year with an emphasis on mortgage-backed securities, according to economists surveyed by Bloomberg, who see the central bank raising interest rates at a quicker...
S&P 500, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:Dow Jones, S&P 500 and Nasdaq 100 closed +0.83%, +0.82%, and +0.78% respectively Around 86% of S&P 500 companies have beaten earnings estimates so far this seasonTraders now eye the ECBs interest rate decision, US jobless claims. Japanese markets are shut...
Wise (formerly Transferwise), which made its public debut on the London Stock Exchange recently, announced on Tuesday that it generated £123.5 million in revenue in the first quarter of 2021, which is 43 percent higher than the same quarter in the previous year.The revenue growth was fueled by the...
© Reuters. FILE PHOTO: A U.S. dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration By Gertrude Chavez-Dreyfuss and Ritvik Carvalho NEW YORK/LONDON (Reuters) - The U.S. dollar was on course on Friday for a second week of gains after a turbulent few...
© Reuters. FILE PHOTO: The Reserve Bank of India seal is pictured on a gate outside the RBI headquarters in Mumbai, India, February 2, 2016. REUTERS/Danish Siddiqui/File Photo By Swati Bhat MUMBAI (Reuters) - The Reserve Bank of India is considering a phased introduction of its own...
Swiss Franc Technical Outlook – Talking PointsNZD/CHF weakness may accelerate on possible Death Cross Formation CHF/JPY may see a near-term breakout from a Falling Wedge pattern NZD/CHF Technical OutlookThe Swiss Franc has strengthened against the New Zealand Dollar this week, with NZD/CHF tracking near a 0.75% loss through Thursday....
The anonymity of cryptocurrency usage is on its brink in Europe. A new draft bill introduced by the European Commission wants the implementation of the Financial Action Task Force’s (FATF) so-called travel rule on all crypto transactions originating in the continent.“It aims at reflecting in EU law amendments made...
GameStop’s spectacular rise and fall signals that a new age of financial market trends may be emerging. What does that mean for volatility? GME, MEME STOCKS, SOFI, CLOV, WISH, NEGG - TALKING POINTS:GameStop’s (GME) volatility and its echo into markets may be the start of a new trendIrrationality of...
The cryptocurrency market saw immense growth in the last few months as leading exchanges reported record numbers in 2021 due to a surge in demand for digital assets. FTX, one of the leading digital exchanges, announced yesterday that it has closed a $900 million Series B funding round to expand...
GOLD PRICE OUTLOOK:Gold prices extended lower toward $1,800 amid revitalized reflation optimism The ECB interest rate decision and bond purchase guidance will be in focus todayThe world’s largest ETF saw 4.9 million shares of net outflow so far in July Gold Price - DailyGold prices extended lower during Thursday’s...