European stocks slipped in early trade as markets continue to chop in the wake of the recent discounting. The FTSE 100 is off almost 1%, less than peers, with the DAX -1.3% and Stoxx 50 -1.2%. US markets were mixed yesterday with the Dow flat, S&P 500 down 0.54%, the Nasdaq –1.4% and Russell 2k […]

The ECB left everything on hold as expected. There was a change to the statement around recalibrating PEPP that ruffled some feathers but really was nothing to note – Lagarde and co have been saying this since the last meeting and only affords the ECB the kind of optionality we fully expect it to maintain.    […]

With the US election just around the corner, equity markets may continue to track sideways as they await the outcome and remain on the hook for headlines around stimulus and the spread of the virus. We can expect volatility but no clear trend until the election is out of the way. A Democrat clean sweep […]

Demand for safe-haven assets in the wake of the Israel-Hamas war has pushed the Japanese yen closer to the crucial 150 mark against the U.S. dollar.

HSBC Holdings is gearing up to launch an international payments app, Zing, in a direct challenge to fintech giants like Revolut and Wise, which have amassed large retail customer bases by providing cost-effective foreign exchange services.