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Invesco AUM Rises 3.1% in January
BySilas WInvesco Ltd reported a 3.1% month-on-month increase in assets under management (AUM) in January, reaching $1.902 trillion, according to a company press release on Tuesday. The asset manager attributed the rise to favourable market returns, which contributed $37 billion, alongside foreign exchange movements that added $1.2 billion. The firm also said it recorded net long-term…
May 31-June 6, 2025 – Currency Thoughts
BySilas WNext Week’s Menu: May 31-June 6, 2025 May 30, 2025 Central Banks: Interest rate reviews at the European Central Bank, Bank of Canada, National Bank of Kazakhstan, Reserve Bank of India and National Bank of Poland. The Fed Beige Book of regional U.S. economic conditions, Bank of Canada quarterly Monetary Policy Report, and Minutes from…
RBA Governor Bullock discusses policy outlook after the surprise interest rate-hold
BySilas WReserve Bank of Australia (RBA) Governor Michele Bullock is addressing the press conference, explaining the reason behind unexpectedly leaving the key interest rate unchanged at 3.85% in the July policy meeting. Bullock is responding to media questions as part of a new reporting format for the central bank that started this year. For RBA Bullock’s…
Dollar rebounds after Warsh pick as chair allays Fed independence concerns
BySilas WDollar rebounds after Warsh pick as chair allays Fed independence concerns Source link
Southwest Airlines Co. Announcement: Southwest Airlines Co. Investors Are Encouraged to Contact The Rosen Law Firm About Ongoing Investigation of Breaches of Fiduciary Duties by the Directors and Officers – LUV
BySilas WNEW YORK, Dec. 24, 2024 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: LUV) in connection with Southwest Airlines’ information technology infrastructure impacting Southwest Airlines’ business, operations, and stock price. If you…
The Bank of Japan’s FX Intervention: Mechanism, Impact, and Historical Precedent
BySilas WHow the Process Works Who Decides? The Ministry of Finance (MOF) is the boss. They decide if and how to intervene after looking closely at the currency market. Who Executes? The Bank of Japan (BoJ) handles the actual buying and selling of currency, following the MOF’s specific orders. Where Does the Money Come From? To…