da-kuk/E+ via Getty Images London (UKX) -0.09% Germany (DAX:IND) +0.29% France (CAC:IND) +0.13% Spain’s retail trade increased by 0.2% Y/Y in May 2024. The Economic Tendency Indicator for Sweden rose to 96.3 in June 2024. The consumer confidence indicator in Sweden increased to 93.3 in June. Norway’s seasonally adjusted unemploymentContinue Reading
chachamal Asia-Pacific equity markets were mostly in red on Thursday as market participants reassessed the outlook for Bank of Japan monetary policy in light of a sharp yen depreciation, which sank to a 38-year low. Japan (NKY:IND) -0.85%. Japan’s May retail sales rose more than expected; yen sinks to 38-yearContinue Reading
Capital markets operation teams face numerous challenges throughout the post-trade lifecycle, including delays in trade settlements, booking errors, and inaccurate regulatory reporting. For derivative trades, it’s even more challenging. The timely settlement of derivative trades is an onerous task. This is because trades involve different counterparties and there is aContinue Reading
The major U.S. averages on Wednesday seesawed, as stocks struggled for momentum. A post-earnings surge in global economic bellwether FedEx (FDX) was countered by a sell-off in Treasurys. The S&P (SP500) was last up 0.06% to 5,472.48 points in midday trade, while the blue-chip Dow (DJI) had added 0.11% toContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.55% Germany (DAX:IND) +0.85% The GfK Consumer Climate Indicator for Germany dropped to -21.8 heading into July 2024. France (CAC:IND) +0.41% The consumer confidence indicator in France fell to 89 in June 2024. The pan-European Stoxx 600 (STOXX) moved 0.61% higher, bouncing back fromContinue Reading
loveguli Asia-Pacific equity markets were mixed on Wednesday as investors shrugged off an unexpectedly high inflation rate in Australia, while the yen continued to thread near 160 per dollar, which previously prompted Japanese authorities to intervene in the currency markets. Japan (NKY:IND) +1.26%. Domestic shares also continued to benefit fromContinue Reading
welcomia/iStock via Getty Images MGM Resorts International (NYSE:MGM) is being sized up after the company’s LeoVegas Group subsidiary signed a deal to acquire the product and technology platform constituting the U.S. sportsbook and online casino of Tipico Group for an undisclosed sum. Notably, the partnership is expected to offer liveContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.05% Germany (DAX:IND) -1.24% France (CAC:IND) -0.65% Poland’s unemployment rate fell to 5% in May 2024. Spain’s economy grew by 0.8% in Q1 2024. The pan-European Stoxx 600 (STOXX) moved 0.41% lower, likely fueled by caution after a tech sell-off in the U.S. InvestorsContinue Reading
Nikada Asia-Pacific equity markets mostly rise on Tuesday, as caution dominated sentiment ahead of key US inflation data and the first US presidential debate between Joe Biden and Donald Trump this week. Japan (NKY:IND) +0.95%. The Japanese yen steadied around 159.3 per dollar after threatening to breach the 160 levelContinue Reading
Peach_iStock Hyzon (NASDAQ:HYZN) announced late on Monday that it will realign its strategic priorities after a comprehensive review of the company’s business operations. The key part of the reset is that Hyzon (HYZN) will focus on several lines of the company’s core North American markets and the refuse industry. InContinue Reading
