Canadian dollar targets retail sales

The Canadian dollar continues to rally and gained more than 1% this week. We will see Canadian retail sales later today. Retail sales are expected to rebound After a difficult start to the week, the Canadian dollar pulled back and posted three winning days, while the US dollar fell against the major currencies. The... Read More

Supply: consumer resilience threatened by inflationary pressures

US consumers continue to spend despite the end of federal stimulus programs last year. According to the US Census Bureau, retail sales in January were up 7.5% from a year ago. Holiday sales rose a record 14.1% last year, far exceeding expectations. Part of the sales gain was due to higher prices in everything... Read More

Fed survey of small business credit identifies companies hardest hit by pandemic

the Small Business Credit Survey 2022 Employer Business Reportpublished by the 12 Federal Reserve Banks, confirmed what many economists suspected: many small businesses have not returned to pre-pandemic levels, with the effects of the pandemic disproportionately hitting businesses in the leisure and hospitality, and small businesses, especially businesses owned by people of color. The... Read More

ELEVATE CREDIT, INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-K)

The following Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to help the reader understand our business, our results of operations and our financial condition. The MD&A is provided as a supplement to, and should be read in conjunction with our consolidated financial statements and the related notes... Read More

Why did strong retail sales fail to lift the USD?

The US Dollar traded lower against all major currencies on Wednesday despite hawkish FOMC minutes and strong US data. The Federal Reserve is on track to raise interest rates in March, especially after the 3.8% jump in retail sales last month. Economists expected the increase to be led by auto and gas sales, but... Read More

Geopolitics and FOMC minutes will impact dollar valuation

US retail sales are expected to rebound in January. Investors are likely to ignore US data amid the Russian-Ukrainian conflict. The US Dollar Index needs to clear the resistance at 96.40 to continue pushing higher. The dollar started the new week on solid footing and outperformed its rivals as heightened fears over Russia’s invasion... Read More

Why Central Banks Oppose Crypto But Explore Their Own Digital Currencies

Aseem Gujar and Partha Sinha | TNN When you make a UPI payment, your bank settles the amount on your behalf at the end of the day. Digital payments like UPI are electronic instructions that authorize intermediaries such as banks to facilitate transactions. Even though these are “cashless” payment methods, they involve the transfer... Read More

Government debt yields end mixed

Government securities (GS) yields ended last week lackluster after a sell-offff US Treasuries as traders anticipated more aggressive interest rate hikes from the Federal Reserve. GS yields, which move opposite to prices, rose a weekly average of 5.01 basis points (bps), according to PHP Bloomberg Valuation Service benchmark rates published on the Philippine Dealing... Read More

Loonie eases on retail sales report

On Friday, the dollar rebounded slightly against the Loonie, regaining short-term support. US Treasury yields fell slightly. Canadian retail sales were stronger than expected and rose in November, while US leading economic indicators came in line with expectations. Next week, currency markets will focus on the Federal Reserve meeting. The FOMC will likely continue... Read More

Treasury raises 35 billion pesos from new 10-year bonds

MANILA, Philippines — The Treasury Office raised 35 billion pesos from new 10-year bonds as local creditors flocked to Tuesday’s auction to park funds despite lingering risks of an impending interest rate hike in the USA. The Treasury set the coupon rate at 4.875%, which National Treasurer Rosalia de Leon said was lower than... Read More

USD/CAD extends bearish price streak ahead of US retail sales report

Canadian Dollar Talking Points USD/CAD rebounds from a new monthly low (1.2453) as a growing number of Federal Reserve officials adopt a hawkish tone, but the exchange rate remains likely to fall further as it extends the series of lower highs and lower lows since the start of the week. USD/CAD extends bearish price... Read More

The Treasury partially grants 5-year bonds in a context of high bid rates

Budget Secretary Benjamin Diokno has been appointed the new BSP governor. PHOTO BY EARVIN PERIAS MANILA, Philippines — The Treasury Office granted just 22.1 billion pesos on its 35 billion peso bond offering on Tuesday (January 11) as yields rose despite easing inflation expectations. The reissued five-year notes reached an average annual rate of... Read More

2 FinTech stocks that you can buy right now

Financial technology has brought financial services into the digital age. And the COVID-19 pandemic has accelerated the trend of bringing businesses around the world online. Two fintechs that are making great progress in this environment are Web Markets (NASDAQ: TW) and Silvergate Capital (NYSE: SI). Both are customer-centric innovators, and the markets have rewarded... Read More

Mortgage Rates Today Are Going Down | December 15, 2021

Iinterest rates are lower today. The average rate for a 30-year fixed-rate purchase loan has fallen to 3.607% while the rate for a 30-year refinance has fallen to 3.797%. While most types of loans have seen their rates drop, the rate on a 15-year fixed-rate mortgage has increased to 2.604% for purchase loans and... Read More

Walmart and Target will be making money this Christmas. Small businesses may not be so lucky

But this year’s Small Business Saturday promotion is unlikely to change the fortunes of independent stores in America, which have radically diverged from their biggest rivals. Small retailers have been squeezed out throughout the pandemic and are at a significant disadvantage in the face of the current supply chain crisis, rising inflation and a... Read More

Retail sales increase as inflation increases. Problems for the GDP?

Text size Despite their concerns about inflation, American consumers shop and continue to fuel economic activity. Spencer Platt / Getty Images Inflation makes consumers miserable. Judging from retail sales, it might not matter, just yet. But high inflation expectations are a warning worth heeding, potentially signaling slower economic growth to come. When the Commerce... Read More

Nifty today: SGX Nifty down 60 points; here’s what changed for the market while you were sleeping

The domestic stock market is expected to open on a weaker note on Wednesday, following indications from its Asian peers. However, US stocks have moved higher in overnight trading. The dollar maintained its gains. Here is the detail of the actions prior to marketing: STATE OF THE MARKETS SGX Nifty signals negative startShrewd futures... Read More

Ringgit Opens Lower as US Dollar Gains Ground on Retail Sales Data | Money

The local note traded mostly higher against a basket of major currencies, with the exception of the pound sterling where it had depreciated to 5.5847 / 5880 against 5.5794 / 5834 at yesterday’s close. . – Photo by Hari Anggara KUALA LUMPUR, November 16 – The ringgit opened slightly lower against the US dollar... Read More

Hawkish outlook for US rates crushes lonely Australian dollar

The Australian dollar’s latest blow came after the fastest US inflation in three decades was recorded in October, fueling market expectations that the Federal Reserve will advance rate hikes. The data propelled the Dollar Index, which measures the US currency against a basket of others, to a 16-month high of 95.262. China is suffering... Read More

Chinese homebuilders must do their math as Evergrande faces payment default

Since China Evergrande began collapsing on debt payments in September, the world’s attention has turned to whether its collapse represents a moment of Lehman Brothers-like systemic peril (it doesn’t is not the case) – whether the entire Chinese real estate industry is ready for a series of defaults. (it probably is). Why is this... Read More

UK faces ‘choppy growth, rising inflation and rising income inequality’ – business live | Business

Hello and welcome to our continued coverage of the global economy, financial markets, euro area and business. The surge in risky asset prices this year has made them increasingly vulnerable to a drop if economic growth worsens, the pandemic escalates, or investors lose confidence. That’s the message from the US Federal Reserve, which is... Read More

Benchmark yields ease as inflation pressures ease

The yield on 10-year US Treasuries fell almost 6 basis points to 1.46%. Benchmark yields have fallen 8 basis points in the past few days, with a cut of more than 5 basis points seen on Monday, as investor sentiment improved after the government cut tariffs excise duty on fuel and a sharp drop... Read More

Crypto fails as money. Regulators can save it.

Cryptocurrency has so far failed to wipe out government-issued money, or spark the broader revolution envisioned by its most ardent enthusiasts. But what if the underlying technology could be harnessed to transform traditional fiat currencies, for example making them much easier and cheaper to use for more people around the world? That goal might... Read More

Explanation: Taper of the Federal Reserve: how does it work?

The Federal Reserve Building on Constitution Avenue is pictured in Washington, USA, March 19, 2019. REUTERS / Leah Millis / File Photo Nov. 3 (Reuters) – The U.S. Federal Reserve is expected to announce on Wednesday that it will start cutting its asset purchase program as early as this month, removing a first pillar... Read More

Modern monetary theory, or MMT, is here to stay. What investors need to know.

About the Author: Stephen dover is Chief Markets Strategist and Director of the Franklin Templeton Investment Institute. Follow his newsletter, Global outlook on Linkedin. Modern monetary theory has gained ground in recent years as America’s standard of living stagnates and inequality widens. Critics of MMT are quick to dismiss it, but investors need to... Read More

Sachs, Delta, Morgan Stanley, Walgreens and more stocks to watch this week

Text size The third quarter earnings season kicks off this week, with several major banks reporting. Economic data released this week includes the latest readings on US inflation and consumer and small business sentiment. JPMorgan Chase publishes its third quarter results on Wednesday, followed by Bank of America , Citigroup , Morgan stanley ,... Read More

T-bill and bond rates could rise amid concerns over high inflation

TREASURY OFFICE PAGE FB RATES on government securities could increase slightly this week inflthe nation’s concerns and the hawkish signals from the US Federal Reserve. The Treasury Office (BTr) will auction on Monday 15 billion pesos of treasury bills (treasury bills), divided into 5 billion pesos each in debt securities at 91, 182 and... Read More

Mortgage rates today, October 9 and rate forecasts for next week

Today’s Mortgage and Refinance Rates Average mortgage rates increased only slightly yesterday. But that was enough to bring them to their highest level since April. The good news is that these rates remain exceptionally low by almost any standard. Over the past 50 years, they’ve only been lower than they were last night for... Read More

Afghanistan needs immediate support, cash. Inaction is untenable

The humanitarian situation in Afghanistan is degenerating into disaster. Millions of Afghans now face severe economic stress and food insecurity following the Taliban takeover in August, triggered by widespread loss of income, cash shortages and rising prices foodstuffs. Officials at the UN and several foreign governments are warning of an economic collapse and the... Read More

NRF economist: ‘Watch what consumers do, not what they say’ as recovery continues

“All eyes are watching closely the ability of buyers to stimulate the economy.” NRF Chief Economist Jack Kleinhenz WASHINGTON – Despite declining consumer confidence amid the recent surge in COVID-19 infections, shoppers continue to spend, Jack Kleinhenz, chief economist for the National Retail Federation, said today. “With consumer spending making up about two-thirds of... Read More

Share the market today LIVE | Sensex, Nifty, BSE, NSE, Stock Prices, Stock Market News Updates September 29, 2021

Asian stock markets were trading lower, reflecting an overnight drop on Wall Street. Share Market News Today | Sensex, Nifty, LIVE stock price: The national stock market benchmarks BSE Sensex and Nifty 50 were on the verge of being sold off strongly on Wednesday, a day before the September futures and options expiration of... Read More

Stocks hold on to weekly gains despite Evergrande blow and surge in bond yields

European equities fall, US should open weaker Asian stocks down for the week but global markets up China Evergrande does not pay interest due Thursday US Treasury yields at their highest for nearly three months LONDON, Sept. 24 (Reuters) – Shares fell on Friday as uncertainty over Chinese developer Evergrande dampened confidence, but major... Read More

Nikkei ends more than 2% higher as concerns ease over Chinese company collapse

This archive photo shows the Tokyo Stock Exchange. (Mainichi) TOKYO (Kyodo) – Tokyo shares closed sharply higher on Friday, with the benchmark Nikkei gaining more than 2%, as fears over the potential collapse of debt-laden Chinese real estate developer Evergrande Group fade . The 225-number Nikkei Stock Average finished up 609.41 points, or 2.06%,... Read More

Global stocks advance after Fed signals support easing

AP – Global stocks were mostly higher yesterday after the Federal Reserve signaled it may start easing its extraordinary support measures for the United States (US) economy later this year. Benchmarks rose in Paris, London, Hong Kong, Shanghai and most other markets. US futures were higher. Markets have been closed in Tokyo for a... Read More

Canadian dollar hits 6-day high as retail sales beat estimates

Canadian retail sales fell 0.6% in July, beating expectations of a 1.2% drop, while a preliminary estimate showed a sales rebound of 2.1% in August. Global markets rallied after the US Federal Reserve confirmed its intention to start slowing down stimulus and shares of struggling real estate developer China Evergrande surged ahead of a... Read More

Fed announces cut bond purchases “soon” and rate hike next year

Fed policymakers predict decline in bond purchases to end in 2022 Powell links withdrawal to September jobs report Inflation is expected to be above Fed target for four years WASHINGTON, Sept.22 (Reuters) – The U.S. Federal Reserve said on Wednesday it would likely start cutting its monthly bond purchases as early as November and... Read More

South African rand strengthens as Evergrande deal increases risk appetite

People chat outside a reception with an electronic board displaying the movements of major indices in the Johannesburg Stock Exchange building in Sandton Johannesburg, March 14, 2016. REUTERS / Siphiwe Sibeko / File Photo JOHANNESBURG, Sept.22 (Reuters) – The South African rand strengthened on Wednesday as risk appetite improved after the China Evergrande group... Read More

Gold and silver beaten after August 2021 retail sales release

Gold and silver prices both experienced virtual collapse after the release of a US Census Bureau report detailing monthly sales of retail and restaurant services in August 2021. The report indicated a consumer spending increase of 0.7%, totaling sales of $ 618.7 billion. The report states that “the anticipated estimates of retail sales and... Read More

Wall Street stocks and Treasuries dip after strong retail sales data

Asia-Pacific equity news Sign up for myFT Daily Digest to be the first to know about Asia-Pacific stock news. US stocks and government bonds slipped Thursday after stronger-than-expected US retail sales data raised hopes that the Federal Reserve would soon begin to dampen its stimulus efforts. The blue-chip Wall Street indices, the S&P 500... Read More

EMERGING MARKETS – Latin currencies hit by rising dollar after US jobs data

* Real Brazil overall for weekly losses as political tensions weigh in * Mexican peso limited rise seen – analyst * Chilean peso drops on Escondida strike plan * JBS and Lojas Americanas rally By Susan Mathew Aug 6 (Reuters) – Latin American currencies hit session lows on Friday as the dollar improved after... Read More

ERP as digital AR gateway, AP

The events of 2020 have pushed companies across multiple industries to take the next steps on their digitization journey. Companies that needed to move their operations to remote working models for most of the past year were motivated to use electronic payment methods, and ACH B2B transactions for supplier payments and others. use cases... Read More

Wooden Treasurer shares updates on Connecticut economy

Treasury press release: August 4, 2021 Connecticut State Treasurer Shawn T. Wooden has provided the Governor and General Assembly with the monthly cash and bond report for June 2021 with updates as of July 31. Report highlights Connecticut’s continued strong cash position during the ongoing pandemic and summarizes bond issuances before year-end 2021 and... Read More

A digital dollar could be a huge challenge for retail banking

Next week the House Committee on Financial Services will hold a hearing on Central bank digital currencies (CBDC). This is not the first Congressional hearing on CBDCs, and it will not be the last. The concept of a digital dollar, issued by a central bank, is a hot topic for policymakers. Although the Note... Read More

Deepening Nigeria’s Payments System | THIS DAY

Donald nwaogu The Central Bank of Nigeria (CBN) recently unveiled its intention to launch its digital currencies before December 2021. With this plan, the CBN joins over 70% of central banks around the world who are respectively studying payment technology following increasing investor interest in cryptocurrency. In addition, technological advancements in recent years, which... Read More

Crypto experts in demand as countries launch digital currencies

Monetary authorities around the world are rushing to design digital currencies, and many are wondering: who knows how to do this? Some of the first governments to go digital have found an answer among cryptocurrency enthusiasts. For those rebels to traditional approaches to finance, the digital trend presents an opportunity to create virtual money... Read More

Retail sales increase 0.6% in June

Retail sales rose in June, the Commerce Department reported on Friday, an unexpected jump as American consumers increased their spending on restaurants, clothing and gadgets. The value of all retail purchases rose 0.6% last month after declining 1.7% in May. Excluding automobiles, sales jumped 1.3% in June. The increase surprised Wall Street analysts, who... Read More

Northern California National Bank announces results of

CHICO, Calif., July 15, 2021 (GLOBE NEWSWIRE) – Northern California National Bank (“NorCal” or the “Bank”) today announced the results of the previously announced cash tender offer by investors seeking to acquire all of the outstanding shares of NorCal (the “Investors”), a planned reverse stock split and the closure of its share transfer cases... Read More

Odd bond behavior could portend a weaker economy in the second half of the year

Text size A buyer in a Trader Joe’s market at the height of the pandemic, when the current economic boom was unexpectedly building in the United States Jeffrey Isaac Greenberg / Alamy The bond market usually runs in the background in people’s minds, with most only paying attention when yields are wavering one way... Read More

Auto Supplier Plans $ 40 Million Tennessee Expansion, More Business News

Automotive supplier expands Tennessee plant Auto parts maker Martinrea will expand operations in Tennessee, investing $ 40 million and creating 97 new jobs at its Springfield site. With the expansion, Martinrea will modernize its large presses, add additional robots and welding cells and add 30,000 square feet to its existing facilities. Martinrea is a... Read More

European stocks end higher as Bank of England sees UK inflation exceed 3%

European stocks closed higher on Thursday, with the Bank of England holding interest rates unchanged and expecting UK inflation to temporarily exceed its 2% target, but hinting at a hawkish turn as that recently attributed to the US Federal Reserve. The French CAC ended up 1.2%, the European STOXX 600 rose 0.9% and the... Read More

Dismal retail sales numbers cast a shadow over the S & P / TSX composite

TORONTO – The main Canadian stock index suffered a slight loss mid-week as dismal retail sales figures cast a shadow over what are generally calm summer days for markets. The S & P / TSX Composite Index closed 36.26 points lower at 20,164. TORONTO – The main Canadian stock index suffered a slight loss... Read More

Fed markets: your hawkish shift fools no one

Investors call the Federal Reserve bluff. They are right to do so. At first glance, and with a big dose of relativity, last week’s updated summary of President Jerome Powell’s economic projections and commentary marks a hawkish turn. Officials have signaled that rates could rise in 2023, earlier than previously wired. And at his... Read More

Sensex Extends Losses As Federal Reserve Cone Talks Travel To Global Markets

Domestic equity benchmarks fell for the second straight session on Thursday, reflecting weakness in global markets after the US Federal Reserve surprised investors by signaling faster-than-expected rate hikes. A sharp drop in the rupee – which fell 76 paise against the dollar – also sapped risk appetite, traders said. The Sensex finished 178.65 points... Read More

Australia and New Zealand dlrs on the defensive in case the Fed and RBA make political waves

SYDNEY, June 16 (Reuters) – The Australian and New Zealand dollars were on the defensive on Wednesday in case a Federal Reserve policy meeting even produces a whisper of reduced stimulus measures, which could also threaten the recent rally obligations. The Aussie stabilized at $ 0.7693, after slipping as low as $ 0.7675 overnight.... Read More

US retail sales fall as spending on services producer prices rise

Retail sales fell 1.3% in May; core sales fall 0.7% The producer price index increased by 0.8%; up 6.6% year on year WASHINGTON, June 15 (Reuters) – Retail sales in the United States fell more than expected in May as spending shifted to services from goods as vaccinations allow Americans to travel and engage... Read More

The Fed or the profits? Upcoming Global Week – June 14, 2021

In Global Week Ahead, the Fed meeting on Wednesday should be the focal point. Their money printing supports the US stock market more than any other factor. However, the earnings fundamentals of US large cap stocks are quite good. According to Sheraz Mian, Zacks’ research director, the United States has strong profit growth underway... Read More

Fed policy meeting, UK inflation, ILO unemployment, retail sales

Federal Reserve Chairman Jerome Powell. Photo: Susan Walsh / POOL / AFP via Getty Images The markets will have a lot to focus on over the coming week with a slew of economic releases to keep investors busy. The Federal Reserve is back in the fray and its two-day monetary policy meeting is the... Read More

Take Five: Focus on Fed-flation | WKZO | All Kalamazoo

1 / FÉD-FLATION GROUNDS Markets will listen intently to what the Federal Reserve has to say about inflation at the end of their two-day meeting on Wednesday, amid fears that billions of dollars in fiscal stimulus could fuel higher consumer prices. After years of very low inflation, a range of measures, including the Fed’s... Read More

Central bank action on climate change raises concerns about mission drift

The humiliation of ExxonMobil by activist investors who elected outside directors to the board to accelerate the oil company’s response to climate change took activism to unexpected new heights last month. Institutional investors around the world have stepped up efforts to manage their portfolios, with an increasing focus on transitioning to net greenhouse gas... Read More

To judge inflation, think of the pandemic as a war

Rising consumer prices in the United States as the economy began to reopen this spring – they rose 4.2% in the 12 months ending in April – prompted many historical comparisons to the bad ones. old inflationary days of the 1970s. If we are going to make historical comparisons, why stop at the 1970s?... Read More

Credit card balances drop second largest amount since 1999

Card balances are low, but that doesn’t necessarily mean better economy. U.S. credit card balances are down – path down. According to latest household debt and credit report from the Federal Reserve Bank of New York, credit card balances fell sharply in the first quarter of 2021. In fact, balances experienced the second largest... Read More

Tax hikes alone won’t pay off Biden’s budget plan. The bond market will have to take over.

There was a saying in Chicago’s bond pits – back in the days when there was a physical trading floor populated with living, breathing traders – that bonds were the crop that never failed. While this was originally a WWII advertising slogan for American war bonds, its more contemporary meaning was that Washington could... Read More

Bank of Japan’s assets quadruple to $ 6.5 tril. under Kuroda’s aggressive easing

This photo shows the Bank of Japan headquarters building in Tokyo. (Mainichi) TOKYO (Kyodo) – Total assets held by the Bank of Japan increased to 714.56 trillion yen ($ 6.5 trillion) in fiscal 2020, according to central bank data on Thursday, quadrupling in eight years under Governor Haruhiko Kuroda’s aggressive monetary easing and growing... Read More

Bitcoin and bonds won’t cut it. Buy these 6 types of assets to protect yourself in a bear market, says strategist.

Wednesday was a calm day for the markets, and Thursday should be the same in what could be a foretaste of slump for the coming summer. But that doesn’t mean investors need to kick back and relax in the sun just yet, as major risks remain for stocks. If a bear market is indeed... Read More

Fed mortgage purchases catch fire in US housing market

Homes are selling at a rapid rate across much of the United States due to a market imbalance, many say the Fed has stepped up. Source: DreamPictures / Photodisc via Getty Images Aaron Layman has never seen a more competitive housing market. Layman, a real estate broker and housing analyst based in Denton County,... Read More

Treasury bill rates move sideways for lack of new leads

RATE of treasury bills (treasury bills) on offum Monday will likely move to the side and follow US yields despite the lack of new leads. The Treasury Office (BTr) plans to raise 25 billion pesos on Monday via its offer of treasury bills (Treasury bills), broken down into 5 billion pesos from 91-day securities,... Read More

Mining stocks herald better days for gold

Text size Jason Bennee / Dreamstime Overshadowed by the wild swings in Bitcoin and other cryptocurrencies, the original counterpoint to paper money – gold – has quietly seen an ascent this month. Even more than the metal, gold miners’ stocks rebounded and gained relative strength against the broader stock market. Gold mining stocks tend... Read More

FACTBOX-Three Japanese Life Insurer Portfolio Investment Plans for Fiscal Year 2021/22

TOKYO, April 22 (Reuters) – Dai-ichi Life and Sumitomo Life plan to increase their investments in domestic bonds in the current fiscal year through March, officials said on Thursday. Here is a summary of the portfolio investment plans of three Japanese life insurance companies, closely watched due to their impact on global bond markets.... Read More

Amazon, Nordstrom, Pagoda Piercing at Retailers Hiring in Texas

Retail sales in Texas rebounded to a six-month high in March, and signs of sought-after help are appearing. Nordstrom, Piercing Pagoda and Amazon are among the retailers to be filled in Texas. Amazon seems to be continually adding employees, but it’s still impressive that the e-commerce giant said it nearly doubled its employment in... Read More

AUD / USD mixed as retail sales beat expectations

Australia Retail Talking Points: Australian retail sales rose 1.4% in March, up from an expected reading of 1% Aussie dollar was aiming higher in immediate trade, but faded AUD / USD may look to test 0.7800 again, reversing recent formation of a head and shoulders pattern Australian retail sales rose 1.4% in March, well... Read More

US economic system leads world restoration from pandemic

America’s rise is ending – no less than for now – China’s lengthy reign as the first engine of the $ 90 trillion world economic system. The Biden administration’s gratuitous spending – coupled with the Federal Reserve’s extraordinarily low rates of interest – is fueling the burgeoning U.S. increase and lifting different international locations,... Read More

Markets might stay risky in opposition to a backdrop of falling Turkish lira; TCS, Future Retail in inventory

MUMBAI: Markets are anticipated to be risky on Monday after Asian friends, whereas SGX Nifty developments recommend a flat to adverse opening in Indian benchmarks. On Friday, the BSE Sensex completed at 49,858.24, up 641.72 factors or 1.30%. The Nifty closed at 14,744, up 186.15 factors or 1.28%. Asian markets stored their cool on... Read More

US stimulus triggers world bond rout and run-off spreads to Malaysia

Promoting stress on MGS got here after EPF eliminated withdrawal situations for its i-Sinar facility, MARC says By SHAHEERA AZNAM SHAH & S BIRRUNTHA / Photograph by MUHD AMIN NAHARUL MALAYSIA Monetary markets haven’t been spared from the worldwide bond rout, because the aggressive rally in yields within the US Treasury invoice market was... Read More

Stimulus checks arrive too slowly – sending money is quicker

With President Biden’s signature now sealing the $ 1.9 trillion American rescue plan, most households throughout the nation are anticipated to obtain their third stimulus test in a yr. This aid is urgently wanted as a brand new unemployment insurance coverage declarations proceed to exceed a million on a weekly foundation per yr after... Read More

SOS Capital redefines merchant cash advances

The merchant cash advance (MCA) industry does not always have a solid reputation. Much like the consumer payday lending industry, MCAs can provide businesses with the cash they need so much to keep their heads above water. However, this comes at a price (often in the form of exorbitant interest loans), and sometimes that... Read More