Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next

Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next

Japanese Yen, USD/JPY, US Dollar, ISM Services, RBA, AUD/USD – Asia Pacific Market Open Recommended by Daniel Dubrovsky Forex for Beginners Asia-Pacific Market Briefing – Japanese Yen, US Dollar, ISM Services The Japanese Yen broadly underperformed against its major counterparts on Monday. In fact, USD/JPY surged about 1.8 percent. If you look at the average […]

This little-known but spot-on economic indicator says recession and lower stock prices are all but certain

This little-known but spot-on economic indicator says recession and lower stock prices are all but certain

An obscure and arcane economic indicator suggests that Federal Reserve Chairman Jerome Powell was wrong when he said at his Nov. 30 news conference that “There is a path to a soft, a softish landing” for the U.S. economy. This indicator traces to the large divergence between consumers’ views about the economy in general and […]

NOVA sees opportunities for high-speed internet in underserved parts of NYC – PE Hub

NOVA sees opportunities for high-speed internet in underserved parts of NYC – PE Hub

‘As we learned during the Covid shutdowns, high speed internet has become something that really is essential for education or for business,’ Beall said. To read this article, you need to sign in. You should only be asked to sign in once. Not the case? Click here New to PE Hub? Register now to read […]

Banks, Securities Markets, And Risk

Banks, Securities Markets, And Risk

Large bank corporations now tend to have both traditional lending divisions as well as securities market divisions. This was not always the case; regulators used to keep financial firms locked to specialisations — this was referred to as “the pillar system” in Canada. However, ongoing deregulation eroded the pillars — I discuss part of the […]

Stocks rally after Powell signals slower pace of rate hikes

Stocks rally after Powell signals slower pace of rate hikes

(30 November 2022) Stocks rallied today after Fed Chair Jerome Powell suggested that current economic circumstances may justify a smaller 50 point rate hike as soon as next FOMC meeting on December 14.  All the major indexes rose sharply on the remarks and the S&P 500 even finished above its 200-day moving average at 4080.  […]

Crude Oil Rises a Third Day from 76 Support as Risk Appetite Adds to Supply Data

Crude Oil Rises a Third Day from 76 Support as Risk Appetite Adds to Supply Data

US Crude Oil, US Dollar and Risk Trends Talking Points: The Market Perspective: Crude Oil Bullish above 76.00 Risk appetite trends swelled this past session as Fed Chairman Jerome Powell signaled a slower clip of rate hikes was ahead – but how much did that translate into crude prices? A sharp 12.58 million barrel drop […]

RIV Capital sees ‘operational challenges,’ opportunities in uncertain New York cannabis market

RIV Capital sees ‘operational challenges,’ opportunities in uncertain New York cannabis market

RIV Capital, the cannabis-investing company backed by Scotts Miracle-Gro Co., has cited regulatory uncertainty and market dynamics in New York in a big impairment on its pending acquisition of Etain. RIV Capital CNPOF, +25.16% RIV, +30.36% said Tuesday that regulatory uncertainty and other factors caused a drop in the estimated fair value of Etain by […]

SmartMat creator Podimetrics nabs $25m in debt funding from CIBC – PE Hub

SmartMat creator Podimetrics nabs $25m in debt funding from CIBC – PE Hub

CIBC Innovating Banking is the technology lending arm of Canadian bank CIBC. To read this article, you need to sign in. You should only be asked to sign in once. Not the case? Click here New to PE Hub? Register now to read this article and more for free.

Real-Time Payments In U.S. Marks Fifth Year — FedNow Coming In July

Real-Time Payments In U.S. Marks Fifth Year — FedNow Coming In July

To mark the fifth anniversary of real-time payments in the U.S. The Clearing House (TCH) and Jack Henry launched a flurry of statistics which cast a bit of an obscuring haze over the topic. TCH says its RTP network reaches 62% of all demand deposit accounts in the U.S. and 85% of insured depository institutions […]

British Pound Forecast: GBP/USD Rally Erases Policy Error Losses

British Pound Forecast: GBP/USD Rally Erases Policy Error Losses

GBP/USD – Prices, Charts, and Analysis GBP/USD rally aided by US dollar weakness. The previous UK government’s policy losses have been wiped out. Recommended by Nick Cawley Get Your Free GBP Forecast Most Read: GBP/USD Breakout Nears as Highs and Lows Compress Sterling continues its multi-week rally, helped in part by a weaker US dollar, […]