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Tag: News


Financial Services, Industries

Breaking down payments challenges: Fintechs vs traditional finance

December 4, 2023

Via: Payments Dive

In September, Modern Treasury released their 3rd annual State of Payment Operations report, where they surveyed over 500 financial decision-makers for insights into payment operations at their companies. The decision-makers came from all kinds of industries, from marketplaces, to real […]


News

Banked builds a US presence

December 4, 2023

Via: Payments Dive

The fintech, founded in 2018 in London, has raised $56 million from strategic investors and venture capitalists, Goodall said. Some of those investors, including Bank of America and Citibank, are also clients, he said. For its U.S. bank customers, the […]


News

Gold Prices, Nasdaq 100 Rejected at Resistance, USD/JPY Flies Ahead of Powell

December 1, 2023

Via: DailyFX

U.S. Treasury yields bounced back on Thursday after San Francisco Federal Reserve President Mary Daly said that it is premature to declare victory against inflation and that policymakers are not yet thinking about reducing borrowing costs. The rally in rates, […]


News

CAD Price Forecast: Loonie Susceptible to Canadian Jobs Report & Fed Chair Powell

December 1, 2023

Via: DailyFX

USD/CAD prices have reached a key inflection point with a possible upside reversal looming. Canadian employment and Fed speak crucial for short-term guidance. Read More on DailyFX


News

EU Breaking News: German Inflation Drops as Disinflationary Trend Continues

November 29, 2023

Via: DailyFX

Inflation in Germany dropped to 3.2% compared to November 2022 and represented a further decline from October’s 3.8% year-on-year print. More notably, the month-on-month decline was 0.4% and sharper than the -0.2 estimate. EU inflation data is due tomorrow with […]


Finance Tech, Liquidity

Oil Price Forecast: WTI Faces Technical Hurdles as OPEC+ Rumors Swirl

November 29, 2023

Via: DailyFX

Oil prices are enjoying a second successive day of gains, up around 1.5% at the time of writing. A lot of the optimism stems from the idea that OPEC+ will announce additional cut at tomorrow’s virtual meeting despite rumors that […]


Finance Tech, Liquidity

EUR/USD Price Outlook: High Impact EU, US Inflation Data to Guide Price Action

November 28, 2023

Via: DailyFX

EUR/USD is currently testing the 21 November high and continues to trade above the 200-day simple moving average (SMA). The bullish run may face another test in the form of US GDP data (second estimate) later this week after estimates […]


Industries, Retail & Wholesale

How convenience industry leaders see the future of the store experience

November 27, 2023

Via: Payments Dive

As convenience stores increasingly compete with restaurants and grocers, the industry is seeing a stronger need to “step up their game in setting themselves apart from their competitors,” according to Incisiv’s report. Part of that is a matter of aesthetics, […]


News

More voters back funding for U.S.-Mexico border than foreign conflicts

November 21, 2023

Via: NBC News

American voters across party lines support more funding to bolster security at the southern border, while support for foreign countries embroiled in conflicts exposes stark partisan divides, according to the latest NBC News national poll. The survey finds roughly 3 […]


News

Will China be a boon or bust for card networks?

November 21, 2023

Via: Payments Dive

Mastercard’s entrance into China’s domestic market will further reveal whether that gigantic consumer market is a huge win for U.S.-based card companies, or an ultimate loss. Mastercard said Monday that its Mastercard NUCC Information Technology joint venture with a Chinese […]


Education, Industries

Is there significant potential for apprenticeships in the US market?

November 21, 2023

Via: Education Dive

Nearly 128 million U.S. workers — about 70% of the entire US workforce — could stand to benefit from apprenticeships and on-the-job learning opportunities, opening up a key cohort of trained workers for employers, according to a Nov. 13 report […]


Finance Tech, Trading

Why is Ether (ETH) price up today?

November 20, 2023

Via: Investing.com

Ethereum (ETH) is witnessing a price breakout on the back of increasing institutional interest in the second-largest cryptocurrency behind Bitcoin (BTC) by market cap. The increased bullish sentiment pushed Ether price up by 26.2% in 30-days. The fact that ETH […]


News

Oil Latest – US Crude Trying to Nudge Higher After Another Week of Heavy Losses

November 17, 2023

Via: DailyFX

US oil is down nearly 16% in the last month and over 23% in the last seven weeks as sellers continue to control price action. After touching a $95/bbl. high on September 28th, US crude hit a multi-month low of […]


Finance Tech, Trading

Oil Price Outlook: Brent and WTI Suffer Further Losses

November 16, 2023

Via: DailyFX

Delayed and current EIA data for the week ending the 3rd and 10th of November revealed massive increases in crude storage, weighing heavily on the price. Deteriorating economic data has illuminated the path for lower oil prices but the recent […]


News

EUR/USD Price Forecast: It’s Time for Eurozone Inflation

November 16, 2023

Via: DailyFX

The euro has been capitating off the weaker than expected US CPI earlier this week despite weakening slightly both yesterday and today. Markets are seemingly expecting the Federal Reserve to have reached its hiking cycle peak and have since ‘dovishly’ […]


Industries, Retail & Wholesale

US Breaking News: Retail Sales Beat Pessimistic Estimate, USD Bid

November 15, 2023

Via: DailyFX

US retail sales broke its run of six consecutive positive prints in October, dropping 0.1% in the month of October compared to September. In addition, September’s number was revised higher from +0.7% to +0.9%. Retail sales has contributed to the […]


News

Inflation panic seems to be over but cost of living crisis remains

November 15, 2023

Via: Sky News

Inflation has dropped to 4.6% which means the chancellor and prime minister can claim victory in one of their five pledges – the one to halve inflation by the end of the year. True, there’s still a few months of […]


News

UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

November 14, 2023

Via: CNBC

UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost four times the market consensus, as the world’s largest economy tips into recession. In its 2024-2026 outlook for the U.S. […]


News

City chiefs urge Hunt to tackle domestic investment drought

November 14, 2023

Via: Sky News

Sky News has seen a letter from the Capital Markets Industry Taskforce (CMIT), an influential panel chaired by Julia Hoggett, the London Stock Exchange chief executive, which calls on Jeremy Hunt to advance his financial services programme in next week’s […]


Finance Tech, Trading

Asian stocks creep higher ahead of US CPI data, China lags

November 13, 2023

Via: Investing.com

Most Asian stocks rose slightly on Tuesday, recovering a measure of recent losses as investors hunkered down before key U.S. inflation data, while Chinese markets lagged following weak lending activity data. Asian markets were nursing steep losses from the prior […]