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Dollar surges on safe-haven flows; Fed meeting looms large
BySilas WDollar surges on safe-haven flows; Fed meeting looms large Source link
SC Ventures and Fujitsu Launch Project Quanta to Accelerate Quantum Applications
BySilas WSC Ventures, the innovation arm of Standard Chartered, has partnered with Fujitsu to launch Project Quanta, a new initiative aimed at accelerating the adoption of quantum computing in financial services and beyond. The joint venture will combine Fujitsu’s advanced quantum hardware and software expertise with SC Ventures’ experience in building and scaling ventures. Together, the…
Premium Watchlist Recap: Oct. 7 – 9, 2024
BySilas WThis week our currency strategists focused on the RBNZ monetary policy statement and U.S. CPI update for potential high-quality setups. Out of the eight scenario/price outlook discussions this week, none arguably saw BOTH fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. But here’s a quick look at…
BoC to Cut Rates Again Ahead of Pivotal U.S. Employment Report – Action Forex
BySilas WWe expect another 25-bps cut to the overnight rate (to 4.25%) from the BoC meeting next week to build on cuts already delivered in each of the prior two meetings in June and July. Comments from Governor Macklem will likely again err on the dovish side, continuing to emphasize a softening economic backdrop that makes…
MCD Built a Nest Structure, but a Bigger Pullback is not Ruled Out Yet – Forex Market Analysis – ForexCycle.com
BySilas WMcDonald’s (MCD) is the world’s largest fast food restaurant chain, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021. It is best known for its hamburgers, cheeseburgers and french fries, although their menu also includes other items like chicken, fish, fruit, and salads. McDonald’s MCD Weekly…
Kalshi and Polymarket ‘Death Carveout’ Triggers Controversy, Insider Trading Allegations Related to Iran Airstrikes – The Daily Hodl
Prediction markets Kalshi and Polymarket are facing backlash following trading activity tied to Iran airstrikes and the reported death of Iran’s Supreme Leader, Ali Khamenei. Kalshi CEO Tarek Mansour defended the platform’s handling of a market centered on whether Khamenei would be removed as Supreme Leader, emphasizing that the company does not allow markets that…