Analysis: Markets challenge Fed timeline, threatening more swings in Treasuries

A trader works, as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, US May 4, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 29 (Reuters) – Bond traders … Read more

Chinese commercial rocket company reaches new heights with latest funding round

BEIJING, June 29 (Reuters) – Chinese commercial rocket launch company ExPace has raised 1.59 billion yuan ($ 237 million), the largest funding round for such a company in recent years. Wuhan-based ExPace, a subsidiary of state-owned spacecraft and missile manufacturer China Aerospace Science and Industry Corp (CASIC), announced on Monday the conclusion of its Series … Read more

Column: Buying the bear? Equity demand endured market pain: Mike Dolan

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 27, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register LONDON, June 29 (Reuters) – It’s a hard habit to break. You’d be forgiven for thinking the worst two-quarter period for … Read more

CCAF reports on fintech industry’s resilience and rapid growth during Covid-19

The Global COVID-19 Fintech Impact and Resilience Study, published by the Cambridge Center of Alterative Finance (CCAF), the World Bank Group, and the World Economic Forum, has concluded that the fintech industry was more resilient to the pandemic than previously stated in an earlier report from December 2020. The study included data from 1,448 fintech … Read more

Benefits for parents working in fintech – what’s on offer?

Parents all over the world are familiar with the concept of working like you have no kids, and parenting like you have no job. But things are changing. Modern companies, like those in fintech, are prioritising benefits for parents and carers, and employees are becoming more informed on what to ask for. From a day-to-day … Read more

Stocks gain sharply for day and week, while copper falls further

The S&P 500 has the biggest daily pct gain since May 2020 Copper falls again, oil ends higher Treasury yields edge up NEW YORK, June 24 (Reuters) – Stocks on global markets rallied on Friday and registered strong gains for the week as a recent slide in commodity prices eased worries about inflation and the … Read more

Dollar stumbles as markets rethink interest rate path

US dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS / Dado Ruvic Register now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – The US dollar slipped on Friday and headed for its first weekly decline of June as traders dialed down bets on where interest rates might … Read more

Friday’s Russell rebalance may stoke more volatility in the nervous stock market

A monitor displays stock market information on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 18, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 22 (Reuters) – Investors in the volatile US stock market are preparing for … Read more

Janusea unveils API platform to connect credit unions with fintech firms

Janusea, a leading fintech company focused on integrations, has launched a new API Cloud Platform to connect financial institutions’ legacy cores with today’s growing population of fintechs. Janusea’s integration platform works by providing a common message set, developed with the community financial institution industry, that enables one message set to be translated to legacy messaging. … Read more

Shock Swiss rate hike sets markets on edge ahead of BOJ

Pedestrians are reflected in a window in front of a board displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS / David Gray / File Photo Register now for FREE unlimited access to Reuters.com Register SNB hikes 50 bps, franc soars, dollar slips Stockmarkets sinking as interest rate … Read more