The RBA maintained its view on the inflation trajectory, expecting to achieve an annual target range of 2% to 3% by 2025, with a midpoint within that range expected only by 2026. In the statement on its Monetary Policy Decision, the RBA stated: The Board remains resolute in its determination to return inflation to target…
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The PAYTM stock crashed on 5 February to ₹438.35, limit down by 10%, following a staggering 36% fall in the preceding two sessions. The RBI, India's Central Bank, issued the directive on 31 January after its inspections at PPBL revealed the bank had failed to comply with some regulations. Non-compliance included Know Your Customer (KYC)…
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The most important economic data for this week: Monday: US Services PMI at 15:00 GMT for January. The consensus is for an increase from 50.6 points to 52. This might be rather bullish news for the dollar since it would mean the services sector in the States is still expanding, given that the actual figure…
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Fusion Digital Assets is the crypto arm of TCAP, a global provider of market infrastructure and data solutions offering spot trading in Bitcoin and Ether against USD. FalconX is the largest institutional prime broker for digital assets. According to Tom Flanagan, global head of execution and liquidity management at TP ICAP Digital Assets, the partnership…
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Nuvei CEO Philip Fayer said that the firm decided to expand its offerings in the US after recognising the rapid adoption of Cash App Pay, which is particularly popular with young adults. Nuvei’s mission is to break down payment barriers and empower its partners to deliver feature-rich and relevant customer checkout experiences. Nuvei already serves…
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Osborne, who served as Chancellor for six years until 2016, will join CoinBase’s advisory council. In a statement, the 52-year-old announced he was excited about the “huge amount” of innovation that is present in the financial industry. He will now use his experience in a range of sectors and disciplines – these include business and…
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A flurry of important updates began with the closure of a £3.5m deal for Synaptic Software. The acquisition was announced in early December and has been pending FCA approval. Now the green light has been given. The deal is quite a coup for Fintel as Synaptic already serves thousands of financial advisers with its compliance…
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This article aims to dissect the factors contributing to IUX Markets' significant progress, focusing on the latter half of 2023, a period marked by remarkable achievements and strategic milestones. Strategic Increase in Trading Volume The period between the third and fourth quarters of 2023 was a watershed moment for IUX Markets. The platform reported a…
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Australian investors are set to benefit from the zero-fee offer from IC Markets when investing in companies of their choice. However, this exclusive offer is time-limited, and terms and conditions are attached. To ensure investors have a user-friendly and secure experience, IC Markets has partnered with Finclear. Founded in 2007, IC Markets is known for…
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LiqudityBook CEO Kevin Samuel said he was thrilled to bring Morris on board. The new President has a wealth of experience from previous executive leadership roles and skills across various disciplines, including sales, finance, marketing, and HR. Morris also served as President at Enfusion before becoming a Global Head of Corporate Development role. In a…
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