Elizabeth Anderson
LeapRate Analyst

With over a decade’s experience as a finance writer, Elizabeth Anderson applies her knowledge and experience to keep a finger on the pulse of global trends. Specialising in forex, cryptocurrencies, and stocks, Elizabeth follows the movements that impact the world of trading.
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November 20, 2023 BY Elizabeth Anderson

Swiss National Bank getting backlash from NGOs over fracking investments

Fracking uses high-pressure liquids to extract subterranean fossil fuels. According to a recently published Yale paper, this process generates copious amounts of wastewater, emits greenhouse gases, and causes air and noise pollution. Consequently, it disturbs natural habitats and migratory patterns, while causing land degradation. ______________________________________________________________________ Don’t miss out the latest news, subscribe to LeapRate’s newsletter…

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November 20, 2023 BY Elizabeth Anderson

Microsoft swoops in as OpenAI board shows Sam Altman the door

Murati has been part of the OpenAI leadership team for five years. In its press release, the company stated: Mira has played a critical role in OpenAI’s evolution into a global AI leader. She brings a unique skill set, understanding of the company’s values, operations, and business, and already leads the company’s research, product, and…

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November 17, 2023 BY Elizabeth Anderson

Nvidia Inception brings in new recruit Shorthills AI

Focusing on offshore technical and digital equipment, Shorthills AI provides data engineering solutions, as well as end-to-end generative AI, for companies in data pre-processing and data pipeline servicing. Nvidia (NASDAQ: NVDA) specialised in creating integrated circuits, GPUs and CPUs that are used in gaming consoles and PCs. ______________________________________________________________________ Don’t miss out the latest news, subscribe…

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November 17, 2023 BY Elizabeth Anderson

ASIC and AFSA commit to updated memorandum of understanding

The last update occurred in 2014. Essentially, the document states that the two agencies will continue to cooperate in pursuit of their goal to holistically serve the Australian government and protect and promote confidence in the country’s financial system. Setting out a framework for continued cooperation, the refreshed MoU strives to facilitate liaison, assistance, and…

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November 17, 2023 BY Elizabeth Anderson

Goldman Sachs 2024 US equity outlook hits the wires

Surprisingly, gross domestic product growth (GDP) has been much stronger than expected. This did not, however, prevent labour market rebalances or a continued drop in inflation. Research experts at Goldman Sachs predict a 2.1% year-on-year GDP growth in 2024. Additionally, the company’s economists foresee a 2% consumption growth and a real disposable income increase of…

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November 16, 2023 BY Elizabeth Anderson

Should the SEC give the go-ahead for FTX sell-off?

According to Forbes, FTX is currently perched atop an approximate total of $3.3bn Solana, Bitcoin, and other cryptocurrencies. The company was granted judicial approval to begin liquidating its recovered crypto, which was lost when its former CEO and founder, Sam Bankman-fried, committed wire fraud, of which he was found guilty. John Reed Stark, former chief…

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November 16, 2023 BY Elizabeth Anderson

Hedge funds bridging the bond-buying liquidity gap in Europe

Recently, fixed-income markets focused on who will buy government bonds as the supply increased to address debts that piled up during the pandemic and the energy dilemma following the Ukraine war. Globally, central banks have been increasing interest rates to tackle inflation. At the same time, these leading financial institutions withdrew from bond-buying programmes, directly…

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November 16, 2023 BY Elizabeth Anderson

Citi leverages blockchain technology for FX trades

This means the application can be applied to any fiat currency pair. Reportedly, this on-chain solution offers real-time quotes and record trades on a blockchain, supporting fixed and cryptographically secured stores of relevant data. Only counterparties can access the details for quotes and trades, as per the compliance surrounding regulatory requirements. According to reports, Citi’s…

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November 15, 2023 BY Elizabeth Anderson

UK inflation falls to 4.6% after 45-year high in March 2023

Bestinvest’s finance analyst, Alice Haine, noted: Softening inflation is positive news for households as it means incomes might be less stretched than they have been, but a decline in the headline rate does not mean prices are reducing, just that they are rising less quickly compared to previous months. The figures were reduced after the…

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