Author: Silas W

DTCC and CME Group have received regulatory approval from both the US Securities and Exchange Commission and the Commodity Futures Trading Commission to extend their cross-margining arrangement to end-user clients, with the expanded service set to launch on 30 April. The arrangement will allow clients of dually registered broker-dealers and futures commission merchants that are…

StoneX Group has tabled an increased possible cash offer for London-listed cross-border payments firm CAB Payments at 110 pence per share, up from its previous proposal of 95 pence, valuing the company at approximately £287 million. CAB Payments’ independent board said the revised non-binding proposal had been received on 9 April, and that it would…

Charles Schwab has announced the launch of Schwab Crypto, a spot cryptocurrency trading service that will be rolled out to retail clients in phases over the coming weeks. At launch, clients will be able to trade Bitcoin and Ethereum directly, with the two cryptocurrencies together accounting for approximately three-quarters of the total crypto market capitalisation. …

American Express said Thursday that it has struck an agreement to acquire Hypercard, known as Hyper, an artificial intelligence-driven expense management company, as the financial services giant accelerates its push to embed agentic technology across its commercial services business. Founded in 2022, Hyper specialises in transforming expense management from a manual process into autonomous workflows. …

Mandelson vetting decision “utterly unacceptable” – chief secretary to PM With the prime minister in Paris for talks on the opening of the strait of Hormuz, his chief secretary, Darren Jones, has been taking flak for the Mandelson vetting revelations on the morning media rounds. Jones has told broadcasters the Foreign Office’s decision to overrule…

USD/JPY dynamics continue to be driven by the persistent yield gap between US and Japanese government bonds. With the Federal Reserve maintaining a relatively hawkish stance and keeping rates elevated as of April 2026, the Bank of Japan remains extremely cautious in its path towards policy normalisation. This divergence in monetary policy continues to underpin…

The Australian dollar is undergoing a corrective decline after reaching recent highs, with the current move driven by market reaction to newly released macroeconomic data. Earlier gains in AUD were supported by improving global risk sentiment and steady demand for commodity-linked currencies. However, weaker labour market figures have prompted a reassessment of expectations and triggered…

The FTSE 100 maintains a firm bullish posture, holding comfortably above the 10000 psychological level The index is currently consolidating sideways between 10550 and 10700 as it searches for its next catalyst. The broader “buy-the-dip” structural breakout remains the primary driver, with bulls staying in control as long as the index holds above 10500. Most…

Yesterday, Bitcoin reached the $75k mark, and this morning it corrected to $74,660. The dollar is stuck at 98.21—no steps forward, no steps back. Oil stabilized at $94, and gold is at $4,794. Friday is typically a day for position taking, and strong movements without a catalyst are not expected. The POC level for the…