ICYMI: Fed’s Bostic Reiterates Forecast for Only One Rate Cut This Year in Latest Speech on Monday Overview Fed’s Bostic surprised markets on Friday with the revelation that he now only projects one interest-rate cut this year, shifting from his previous forecast of two cuts. The cut is expected to
Unlocking the Future of Payments: A Look into the Latest Trends and Insights from 2024 Events The Shifting Landscape of the Payments Industry The tectonic plates of the payments industry are shifting. Consumers, drunk on the instant gratification of the digital age, demand frictionless transactions. Businesses, ever the pragmatic bunch,
Unpacking the Fed’s Meeting: A Balanced Approach to Managing Risks – Insights from Action Forex Fed Governor Lisa Cook on Managing Risks Fed Governor Lisa Cook recently delivered a speech highlighting the importance of managing risks associated with meeting the dual mandate goals of inflation and employment. Cook emphasized that
Market Mayhem: Stocks Take a Tumble to Start the Final Week of the Quarter – A Recap Stocks took a breather after a rally that drove the market to its best week in 2024, with traders digesting some Fedspeak and awaiting fresh data for clues on the interest-rate outlook Equities
Breaking News: Nigeria Accuses Binance of Tax Evasion in Cryptocurrency Market Description The authorities in Nigeria have charged Binance and its two detained executives with four counts of tax evasion, multiple local media houses reported today (Monday). The charges came after reports of the escape of one of the detained
From Food Delivery to Financial Success: Wise Appoints Delivery Hero’s Executive as New CFO Introduction Wise, the platform known for cross-border payments and multi-currency accounts, is making a significant change in its top management by naming Emmanuel Thomassin as the incoming Chief Financial Officer and Director. He will join the
Unleashing the Power of Technical Analysis: A Closer Look at the Russell 2000 – March 25th, 2020 Last Friday, the Russell 2000 extended the pullback from the highs reached after a strong rally triggered by the FOMC decision This might have been just a profit-taking move from overstretched levels as
Yuan Bounces Back: PBOC’s Bold Move and State-Owned Banks’ Support Boost Currency Chinese Yuan Rebounds Strongly Chinese Yuan rebounded significantly in the Asian session, sparked by PBoC’s unexpectedly strong daily fixing. The fixing was set at 7.0996, markedly stronger than the anticipated 7.2222 by analysts, marking the largest strengthening bias
Singapore’s Monetary Authority Expected to Ease Policy in April as SGD Forecast Weakens Description Bloomberg (gated) have collated some remarks from analysts looking for Singapore’s central bank, the Monetary Authority of Singapore, to begin loosening policy perhaps as soon as its April meeting. Inflation cooled in January, February data will
Risk Disclaimer: Sigmanomics is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on sigmanomics.com.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.
