The EURUSD currency pair fell for the fourth consecutive session as the single currency continued to gain ground against the US dollar. The single currency struggled to hold on to its gains against the greenback as the dollar was relatively strong against most of its peers, as tracked by the US Dollar Index. The release…
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The USDCAD currency pair was trading down over 76 pips as the Canadian dollar rallied higher against its US counterpart, driving the entire pair lower. The Canadian dollar, also known as the loonie, rallied higher, bolstered by the release of the latest labour market data from the country. According to the latest labour market data…
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Currently, Alison serves as the Chair of Dechra Pharmaceuticals plc (Dechra), a specialist veterinary products business undergoing acquisition by EQT. She also holds the position of Non-Executive Director at Tesco plc and serves as the Chair of general insurer Ageas UK. Alison is expected to join HL's Board in early 2024. Alison previously served as…
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Today’s report comes after an initial assessment in July that focused on retail competition in the grocery sector. The assessment identified ten product categories, including milk, baked beans, and baby formula, for further analysis in the second phase of work to gain a deeper understanding of competition across the supply chain, focusing on own-label and…
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Additionally, Barclays is considering streamlining its investment division, which might result in the departure of thousands of investment banking clients who have relatively low capital. The move towards cost savings and restructuring is driven by Barclays' desire to boost revenue and significantly reduce costs. This decision comes after reports of declining investor confidence in the…
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The AUD/USD pair was hovering around the 0.6625 level while approaching its highs from early August. This upward trajectory can be attributed to various factors influencing the currency market. Australia's Retail Sales, a vital indicator of consumer spending, posted a decline of 0.2% for October, falling short of market expectations of a 0.1% increase and…
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The company's impressive financial results underscore its commitment to providing innovative solutions to its growing customer base. In the latest financial highlights, UP Fintech witnessed a remarkable 26.6% year-over-year increase in total revenues, reaching an impressive $70.1 million. Meanwhile, net revenues also experienced notable growth, rising by 13.5% to $58.0 million. The standout achievement, however,…
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The Canadian Dollar (CAD) has faced headwinds due to a decline in crude oil prices, contributing to this upward pressure on the pair. Western Texas Intermediate (WTI) crude oil prices have been on a downward trajectory since Wednesday and are currently trading at approximately $75.00 per barrel. Crude oil prices have fallen since late September…
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The Japanese inflation report indicated that the annualised CPI print had risen to 3.3%, a new 10-year high, compared to the previous month when annual inflation was recorded at 3.0%. However, the monthly inflation print was most exciting as it showed that inflation rose to 0.7% in October compared to September’s 0.3% print. The Bank…
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In her stead, the Group is pleased to announce the appointment of Sarah Perry as an Independent Non-Executive Director, effective December 4, 2023. Sarah will also join the Audit, Remuneration, and Nominations Committees. Sarah Perry brings a wealth of experience in supply chain and logistics, notably in her current position as Vice President for integrated…
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