Day: March 9, 2019
Professional esports are just getting started, Take-Two CEO says
Earlier this week at the Barclays Center, 74 men and 1 woman got the chance to live out a dream — they became professional competitive gamers. The esports athletes were officially drafted for the second season of Take-Two’s NBA 2K League, the gaming giant’s esports league featuring their flagship NBA 2K sports video game franchise. …
Professional esports are just getting started, Take-Two CEO saysRead More
Five years on, the first fintech innovators are thriving
In 2014, KPMG published a report on the 50 best fintech innovators as selected on the basis of four factors: total capital raised; rate of capital raising; location and degree of sub-industry disruption; and a subjective call from a judging panel on these companies’ products, service, customer experience and business model innovation. Back then, the …
Five years on, the first fintech innovators are thrivingRead More
Trade finance and blockchain: now is the time for a network of networks
What if corporates could go to just one place to access all trade finance blockchain services, to pick the best one for their needs, at the best price? What if you could create a sort of Compare the Market for trade finance blockchain – a network of networks? You’d be onto a winner. Here’s why. …
Trade finance and blockchain: now is the time for a network of networksRead More
Intermarket Analysis with All Star Charts Founder JC Parets | Podcast
Key points covered in this podcast – Simplifying your approach and removing less useful indicators – Why there are really only four outcomes of a trade – The power of intermarket analysis JC Parets is an accomplished and highly respected technical analyst and founder of technical analysis resource All Star Charts. In this edition of …
Intermarket Analysis with All Star Charts Founder JC Parets | PodcastRead More
China Weekly Letter: Trade Deal to Face Hurdles Close to the Finish Line
Trade deal to face hurdles close to the finish line, but deal is still coming NPC lowers growth target to 6-6½% and announces large-scale tax cuts Chinese stocks take a beating after sharp rally and Citic sell recommendation We are back to the Friday release of the China Weekly Letter. Early next week we will …
China Weekly Letter: Trade Deal to Face Hurdles Close to the Finish LineRead More
Weekly Economic and Financial Commentary: Labor Market Slowing but Still Strong
U.S. Review Labor Market Slowing but Still Strong Nonfarm payrolls came in well below expectations, as employers added 20K new jobs in February after adding 311K in January. The three-month average gain of 186K is still rather strong, but marks a moderation in the pace of job growth. The ISM non-manufacturing survey continues to point …
Weekly Economic and Financial Commentary: Labor Market Slowing but Still StrongRead More
The Weekly Bottom Line: It’s a Hard Knock Life for Central Bankers
U.S. Highlights This week started off on an upbeat note. An uptick in the ISM non-manufacturing index got the ball rolling, with the headline rising by 3.0 points to 59.7 in February. In a nice twist to the recent doom and gloom, housing data was also encouraging. Sales of new homes rose 3.6% in December, …
The Weekly Bottom Line: It’s a Hard Knock Life for Central BankersRead More
Week Ahead: Meaningful Brexit Vote 2.0
Renewed demand concerns weighed heavily on equities and, to a lesser degree, crude oil prices, while the euro and Canadian dollars nosedived in what has been a very volatile week, as investors responded to generally disappointing macro data and dovish assessments of the global economy by major central banks. The Dollar Index touched its 2018 …
GBP/USD Dips to 1.30 as UK Reportedly Rejects the EU’s Latest Brexit Offer
Just hours ago, my colleague Fawad Razaqzada noted that “it was not clear whether any real progress was made by Britain and the European Union in reaching an accord.” While there haven’t been any official statements, much less votes, the EU’s latest offer has reportedly been called a “non-starter” by the DUP and not enough …
GBP/USD Dips to 1.30 as UK Reportedly Rejects the EU’s Latest Brexit OfferRead More
GBP/USD Pound Fails to Capitalize on Dollar Stumble Ahead of Brexit Votes
The US dollar is lower against most majors pairs on Friday after a massive miss in the U.S. non farm payrolls (NFP) report. The US economy only added 20,000 jobs when the forecast was calling for 180,000. Weather factors and for the most part the government shutdown had a lot to do with the disappointing …
GBP/USD Pound Fails to Capitalize on Dollar Stumble Ahead of Brexit VotesRead More
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![]() CEO outlook dims sharply, with more than half expecting a recession ahead, survey showsCorporate executives are taking a dim view of their prospects, with a majority now expecting ... Read More ![]() Stock futures are little changed ahead of key inflation readingStock futures were little changed in overnight trading Tuesday ahead of a key inflation reading.Futures ... Read More ![]() From Estee Lauder to Apple, big companies say China’s Covid restrictions are hitting businessFactories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site ... Read More |