Julie Ros

Euro-Area Economic Sentiment Stagnated in Oct

The recovery in economic sentiment for the euro-area economies, which had been improving steadily since May stalled in October, according to the latest report Thursday from the European Commission. The Economic Sentiment Indicator (ESI) for countries sharing the euro was 90.9 in October, matching the level recorded in September, with the same dynamic seen for […]

ECB Leaves Policy Unchanged; Suggests Dec Easing

The European Central Bank (ECB) made no changes to its monetary policy at its rate-setting meeting on Thursday, but suggested that a package of easing measures could come before year end. Unusually, the Governing Council opened its press release by acknowledging the perilous state of the eurozone economy: “In the current environment of risks clearly […]

ECB Tees Up Dec Easing; Leaves Policy on Hold

The European Central Bank (ECB) Thursday pledged to “recalibrate” its monetary policy by the end of the year, but left the door open to an emergency consultation of its rate-setting body should the economic picture darken ahead of the regularly scheduled December meeting. ECB economists “are already at work” in adjusting forecasts to reflect the […]

Capitolis Continues to Build Team

Capitolis announces the hire of two more staff for its team. Alex Dubost joins as business development director, and Meshi Peer joins as director of engineering. Dubosts was most recently EMEA sales and client relationship director at RESET, previously NEX RESET, now part of CME Group. The company reports that it has added 12 new […]

CMC Markets Joins Gold-i Network

CMC Markets Institutional, which provides liquidity and white labelled trading services, is extending its liquidity distribution through a partnership with Gold-I, the company reports. Brokers, banks and hedge funds using Gold-i’s multi-asset liquidity management platform, Matrix, can now access nearly 10,000 instruments from CMC across a range of asset classes at competitive rates. In addition to […]

FOMC Apt to Stand Pat, But Future Fissures Emerging

The Federal Reserve is about to hold its second Federal Open Market Committee (FOMC) meeting under its new monetary policy framework amid strange and rapidly changing circumstances. No policy change is likely on November 5. In other words, the FOMC will almost certainly leave the federal funds rate in the zero to 25 basis point […]

US Q3 GDP Rebounds by 33%

As expected, the US economy rebounded in the third quarter, with strength in consumption supplemented by rebounds in the fixed investment categories. Third quarter GDP rose by 33.1%, compared with the 30.9% increase expected, the Commerce Department reported Thursday. Still, GDP was down 2.9% from the third quarter of 2019, an indication of the impact […]

Rewriting DeFi’s Playbook: Practical Applications for Mainstream Adoption

By Philippe Bekhazi, CEO of XBTO Group, one of the most active participants across Cryptofinance; and CEO of Stablehouse, a first-of-its-kind clearing house for cross-blockchain payments.  DeFi (decentralised finance) refers to digital assets and smart contracts that live on the blockchain, mainly Ethereum. To a layperson, this is akin to crowdsourcing lenders to a variety […]

Refinitiv, Integral Extends FX Partnership

Integral announces today that their long-established partnership with Refinitiv is being extended on a multi-year basis. The renewed partnership sees Integral and Refinitiv continuing to work together to ensure that customers of Refinitiv’s multi-dealer platform can continue to use Integral’s price engine technology in the seamless way they are used to, Integral says. According to […]