Capital and Risk, Macroeconomic
December 21, 2023
Via: DailyFXUS Q3 GDP has been revised lower to 4.9%, slightly below 5.2% in the second estimate, but matching the 4.9% initially reported in the advance estimate. The estimate released today is based on more complete source data than were available […]
December 20, 2023
Via: FinTech FuturesWith the end of 2023 on the horizon, FinTech Futures takes a look back over a year full of highs, lows, innovations, challenges, and transformative moments across the fintech landscape, featuring insights from the likes of JP Morgan Chase, Citi, […]
December 19, 2023
Via: DailyFXThe index continues to consolidate just below the record high, having gained a remarkable 16% in almost seven weeks.So far there is little sign of any pullback materializing, though it would take less than a 4% drop to return to […]
December 19, 2023
Via: Insurance JournalOne of the world’s most-influential insurance markets added Guyana to its list of the riskiest shipping zones amid an escalating territorial dispute with neighboring Venezuela. The decision announced by Lloyd’s Market Association’s Joint War Committee on Monday applies only to […]
December 19, 2023
Via: DailyFXThe Australian Dollar has held onto its gains from the past couple of weeks despite a slight recovery from the US Dollar index at the back end of last week. The Australian Dollar has been on a steady move higher […]
December 18, 2023
Via: JD SupraOn December 15, 2023, the CFPB announced a settlement with a medical debt collector to resolve allegations that it violated the Fair Credit Reporting Act (“FCRA”), its implementing Regulation V, the Fair Debt Collection Practices Act (“FDCPA”), and the Consumer […]
December 15, 2023
Via: YahooU.S. Bancorp USB shares soared 6.7% in the last trading session to close at $45.33. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 14.3% gain […]
December 15, 2023
Via: TechBullionThe Euro Area economy continues to struggle and is set to enter a technical recession in the coming weeks. According to data provider HCOB, business activity in the Euro Area fell at a steeper rate in December, closing off a […]
December 15, 2023
Via: PR NewswireBybit, the world’s third-largest crypto exchange by volume, has launched its anticipated Bot Copy Trading feature, integrating Copy Trading with Futures Grid Bots. This new tool opens access to trading bots enhancing the trading for Bybit’s 20 million users. The […]
December 13, 2023
Via: DailyFXThe Federal Reserve is expected to leave interest rates untouched for the third meeting in a row later today as inflation in the US continues to fall. Chair Powell has remained adamant that the US central bank would hike rates […]
December 13, 2023
Via: Banking DiveWhile Dave, a neobank and personal finance app, has been using artificial intelligence to underwrite its products since the company’s inception in 2017, the fintech’s latest use of generative AI is producing promising results on the platform’s customer service side, […]
Capital and Risk, Macroeconomic
December 12, 2023
Via: Insurance JournalCalifornia is facing a record $68 billion budget deficit, state officials announced, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his national profile. The nation`s most populous state, with an economy […]
December 12, 2023
Via: Insurance JournalInsurance company GEICO has filed suit against a New York pharmacy and five medical clinics and their owners alleging they perpetrated a fraudulent scheme under the New York no-fault insurance system by submitting more than $3.7 million in fraudulent pharmaceutical […]
December 11, 2023
Via: DailyFXThe FTSE 100 has reached a two-month high at 7,583 on Friday, close to its 200-day simple moving average (SMA) at 7,565 which acts as resistance with the previous resistance area, now a supportzone, at 7,543 to 7,535 being revisited. […]
Capital and Risk, Macroeconomic
December 8, 2023
Via: DailyFXJapanese (final) Q3 data was revised lower as inflation appeared to be negatively impacting spending in the region. Inflation has been above the Bank of Japan’s (BoJ) 2% target for more than a year but officials require more convincing before […]
December 7, 2023
Via: TechBullionIn a groundbreaking move within the finance sector, Goldman Lampe Private Bank has unveiled innovative AI-driven tools designed to significantly boost its fraud detection systems and augment the analytical capabilities of its asset managers. Advancing Fraud Detection with AI Confronting […]
December 7, 2023
Via: YahooU.S. Bancorp (USB) ended the recent trading session at $39.08, demonstrating a -0.81% swing from the preceding day’s closing price. This change lagged the S&P 500’s daily loss of 0.39%. Elsewhere, the Dow lost 0.19%, while the tech-heavy Nasdaq lost […]
December 7, 2023
Via: FinTech FuturesThe Berlin-based firm, which describes itself as “Europe’s largest savings platform”, can now offer essential banking services such as deposits and lending as it looks to expand its product offering for customers across the continent. Founded in 2015 by Christian […]
December 6, 2023
Via: Insurance JournalFresh attacks on vessels in the Red Sea are raising insurance premiums for ships in the region and menacing commerce in a conduit for 12% of world trade. War-risk premiums for some vessels have been climbing since shortly after the […]
December 6, 2023
Via: DailyFXUSD/CAD (U.S. dollar – Canadian dollar) retained a negative bias on Wednesday after the Bank of Canada voted to keep interest rates unchanged at 5.0%. While the decision to maintain the status quo was largely anticipated, the BoC left the […]