Zak Mir caught up with Dr. Marko Sjoblom, Chief Executive Officer of Fiinu Plc, as the fintech company unveiled a major milestone in its growth journey.
European Central Bank cuts interest rates
The European Central Bank (ECB) has reduced interest rates for the fourth time this year, simultaneously lowering its growth forecast for the eurozone amid political instability in its two largest
Trader places a £5.2 million wager on a significant interest rate cut in December.
A trader is betting that the eurozone is on the verge of a substantial interest rate cut next month, as policymakers prepare for potential tariffs under Donald Trump’s presidency.
The week of 4th-8th November 2024- 4 Big interest rate decisions- And an election!
This week we await interest rate decisions from Australia, Brazil, the UK and US, the RBNZ delivers a Financial Stability Report and the Bank of England and Bank of Japan
The week of 28th October-1st November 2024- A blockbuster week for US data!
If you are following US data then this week has it all; 4 employment numbers, GDP, inflation metrics, Consumer Confidence, the ISM Manufacturing Index, 5 mega-stock earnings releases; the only
Lagarde warns that Trump poses a threat to the eurozone
Christine Lagarde has warned that a second Trump presidency could pose a risk to the eurozone economy, as the European Central Bank (ECB) cut interest rates for the third time
The week of 14th-18th October 2024- A big week for inflation metrics!
The only “non-surprise” for me last week is the persistence of US inflation! September’s figures for Core and Headline CPI both ticked higher to 3.3% and 2.4% y.o.y respectively.
The week of 7th-11th October 2024- US inflation data the pick of the week!
I’m often surprised as to the credence given to the US Non-Farm Payrolls data release. It was only in August that the annual Payrolls figure was revised downwards by 818,000
The week of 30th September-4th October 2024- Beware October’s Autumnal Winds
October’s Autumnal winds can be scary as any one old enough to remember the violent UK hurricanes in 1987 will attest. This analogy holds true in the financial markets; think
The week of 23rd-27th September 2024- USDJPY strengthens in Carry Trade rally
Last week the USDJPY strengthened in a Carry Trade rally despite the Fed cutting US interest rates by 50bp, an uptick in Japanese inflation and the Bank of Japan keeping
The week of 16th-20th September 2024- The Fed will cut US interest rates this week!
The Fed will cut US interest rates this week! The Bank of England may cut interest rates too! And the Bank of Japan will probably stay on hold!
The week of 2nd-6th September 2024- A Bumper week of data for G7
The first week of any month is always one of activity as there are several economic data releases that can move markets. Today is Labor Day in the US- happy