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Forex

America Steps In: $20B Swap Deal Ties U.S. Treasury to Argentina’s Peso Push

TLDR: U.S. Treasury Secretary Scott Bessent confirmed a $20B swap deal with Argentina’s central bank to stabilize liquidity. The U.S. directly purchased Argentine pesos after

Money

Richard Shearwood: Integrated tech is no longer optional

In a profession where efficiency and accuracy are everything, financial advisers are always on the lookout for smarter ways to manage their business and better

Real Estate

Fed eyes trouble in commercial real estate, corporate debt in 2021 stress tests

WASHINGTON, Feb 12 (Reuters) – The U.S. Federal Reserve on Friday unveiled the hypothetical recession it plans to test large banks against in its 2021

Precious Metals

PRECIOUS Brighter demand outlook powers platinum to six-year high

Feb 15 (Reuters) – Platinum prices climbed to their highest level in over six years on Monday, buoyed by expectations of a wider supply-demand deficit

Forex

SoftBank’s options exit unlikely to stir markets, analysts say

Dec 2 (Reuters) – Massive options bets believed to have been placed by SoftBank Group Corp (9984.T), opens new tab earlier this year were among

Commodities

Japan’s Sumitomo Metal lifts profit f’cast on higher metals prices

TOKYO, Feb 8 (Reuters) – Japan’s Sumitomo Metal Mining Co Ltd (5713.T), opens new tab on Monday raised its annual net profit estimate by 70%

Investment

Equities see $27 bln inflows as reflation trade gathers pace – BofA

LONDON, Jan 15 (Reuters) – Investors stormed into financial and energy stocks last week, BofA’s weekly fund flow statistics showed on Friday, frontloading positions on

Money

The UK’s Crucial Role in the Crypto and NFT Payment Infrastructure Landscape

The United Kingdom has firmly established itself as a global hub for financial technology (fintech), and this extends significantly into the burgeoning world of

Commodities

Biden’s agriculture secretary pick disappoints Black farmers

CHICAGO, Dec 11 (Reuters) – President-elect Joe Biden has promised to address racial inequality in agriculture. But some Black farmers aren’t so sure he picked

Forex

Japan, Malaysia sign currency swap arrangement to help market stability

TOKYO, Sept 18 (Reuters) – Japan and Malaysia signed on Friday a bilateral currency swap arrangement that enables authorities to swap local currencies of up