BoJ, the Fed and the BoE on the Radar The BoJ is anticipated to remain on hold at -0.10%, though a potential change in forward guidance and a tweak to the yield-curve-control programme are on the table. The central bank’s quarterly outlook will also be critical for many: the BoJ’s projections for growth and inflation.…
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The weekend just before Halloween is a crucial one for those in the candy business when companies such as Hershey (HSY) hope customers will stock up on their sweet treats to meet targets. A successful Halloween run is especially important in light of soaring cocoa prices that are hobbling chocolate sales. Don’t miss out the…
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This trust currently holds a value of approximately $1.6bn. In the filed lawsuit, Gemini petitions the court to cast a ruling stating Genesis has no right to the GBTC shares earmarked as collateral to users of the Gemini Earn product. Genesis or its partners still holds most of the shares in question. Gemini feels these…
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Currently, the Polish borrowers who had chosen mortgages denominated in foreign currencies, primarily Swiss francs, attracted by the promise of lower interest rates, face a financial predicament. The subsequent appreciation of the Swiss franc against the Polish zloty, coupled with interest rate hikes in Switzerland, has placed borrowers in the damaging position of managing larger-than-expected…
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The latest US subscriber numbers came in at 32.3 million. A year-on-year comparison shows a decrease of 18,000 subscribers, while Wall Street predicted an increase of roughly 3,600 subscribers. Yahoo Finance reported that Comcast management chalked the subscriber losses up to an increasingly competitive market, with mobile providers such as Verizon (VZ), T-Mobile (TMUS), and…
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Running the report, Sky News Business indicated that Railsr, the trading name of Embedded Finance, will soon announce that it made a deal with investors to raise £19.8m. The money mainly comes from existing investors, including well-knowns such as D Squared Capital and Moneta Venture Capital. Those rooting for the success of the company regard…
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As a mature FinTech provider, Spotware considers its trading clients to be the core of company values. The FinTech’s cTrader is a STP/ECN trading platform which boasts 4 million+ traders and 100+ brokers globally. From increasing trading activity to reducing spreads – it is a valid factor for all market players. This is why the…
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In a Tuesday report, the bank confirmed profit losses as it announced renewed cost-cutting initiatives. Barclays did not rule out job cuts as part of this drive to boost its profits. Regarding the company’s Q3 performance, the Group’s chief executive officer (CEO), CS Venkatakrishnan, said: We delivered an 11.0% RoTE in Q3, against a mixed…
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At present, traditional banks use mainframes with outdated programming languages. Not only does this create potential technological pitfalls, but it also makes it a challenge to hire younger employees who are qualified and equipped with recent knowledge and experience. Approximately 410,000 customers, who are mostly new to UniCredit, use the Buddybank service. All the institution’s…
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While Tickmill has always been at the forefront of safeguarding client assets, this latest initiative introduces an additional layer of protection, one that sets it apart from many brokers in the market. The insurance policy, brokered with the prestigious Lloyd's, is a testament to Tickmill's dedication to its clients' funds protection. Tickmill already has…
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