Chinese Yuan Steadies as PBoC Prioritises Currency Stability
Markets analysis on behalf of Joseph Dahrieh, Managing Principal at Tickmill
The Chinese yuan has remained relatively stable, supported by the People’s Bank of China (PBoC) policy and a steady 10-year government bond yield near 1.66%. On Monday, the central bank kept the one-year and five-year loan prime rates (LPR) unchanged at 3.1% and 3.6%, respectively, marking the...
Yen Weakens as BoJ Holds Rates Steady in Light of Tariff Concerns
Markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The Japanese yen weakened while Japan’s 10-year government bond yield declined after the Bank of Japan (BoJ) maintained interest rates at 0.5% and lowered its growth projections due to increasing uncertainty around U.S. tariffs. The BoJ expressed concerns that higher...
New Fund for Pandemic Prevention, Preparedness and Response Formally Established
The new financial intermediary fund (FIF) for pandemic prevention, preparedness, and response (PPR) was officially established by...
Global academics and young people bring first Riyadh Philosophy Conference to a close
The inaugural Riyadh Philosophy Conference closed today after three days in which...
Pre-Cyber Monday Digital Sales Up 18% Despite Higher Prices, Smaller Discounts, and Fewer Products
Early holiday shopping is driving an increase in digital sales this...
Over 60 international countries represented at ATM 2021 despite Coronavirus travel restrictions
A total of 62 countries will be represented on the exhibition floor this...
Mobility Services to Hit $842B in Revenue in 2021, $141B Less than in 2017
The ongoing COVID-19 pandemic and the social distancing rules forced millions...
SEDCO Capital achieves 30% IRR from office property sale in Germany
SEDCO Capital, a global Shariah compliant asset manager, has successfully exited German-based ABC West,...
What awaits the most popular financial markets this year?
Q: What do you foresee the best-performing markets to be in 2020?
A: In the current climate it is...
