RBA to Hike After Worrying Signs for Economy
It had seemed that the RBA was almost done with the rate hikes, as several indicators for the economy were looking shaky. Rising unemployment was cited often. Another factor is that a large number of home loans are due for renewal in a few months, which could put increased pressure on Australian homeowners. If higher […]
Feds Waller: Supports 25 basis point hikes. See’s encouraging signs of wage moderation
> Feds Waller: Supports 25 basis point hikes. See’s encouraging signs of wage moderation Favors a 25 basis point rate hike at the upcoming meeting and continued policy tightening beyond that We have made progress is still considerable way to go toward 2% inflation goal By early December that the policy stance was a slightly […]
Signs of a Risk-Off in Risk Asset Markets Curb Optimism in EURUSD
The minutes of the December policy meeting of the ECB released today reinforced the hawkish policy stance that the ECB tried to communicate during and after the meeting: the Bank is far from completing the tightening cycle and more rate hikes are necessary.The key takeaways of the December minutes were that “the direction of monetary […]
Broadridge Signs Multi-Year Contract with IGM Financial
Broadridge Financial Solutions (NYSE:BR), a US-headquartered fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned […]
Vantage Signs Supercar Blondie as Brand Ambassador
Vantage, a Sydney-headquartered multi-asset broker, has signed Alexandra Mary Hirschi, an Australian social media celebrity and automotive YouTuber popularly known as Supercar Blondie, as its Brand Ambassador. The brokerage firm announced the deal on Wednesday in a statement. “This partnership marks a milestone between an online brokerage with a social media publisher, aimed to use […]
NFTs Show Signs of Life
If crypto trading is still a niche activity, then NFTs are a niche within a niche, and the past year has seen active market participants gradually becoming narrowed down to true believers. Overall, NFT trading volumes dropped, trades by new wallets went down, meaning fewer new participants, and NFT interest on Google Trends showed a […]