High-net-worth individuals of Santander Private Banking International will have access to trade BTC and ETH, according to a report claiming access to a leaked internal communication. Read too According to a report from Coindesk claiming access to a leaked internal communication, high-net-worth individuals of Santander Private Banking International will have access to trade BTC and ETH.
Share: In November, stocks and bonds have rallied and the US Dollar has weakened. Economists at Nordea expect markets to move back to reality. The current rally in bonds and stocks is unlikely to continue The rally in both bonds and stocks looks unsustainable. The next environment is likely to be one of
Share: The Riksbank decided against hiking its key rate in November. Krona traded weaker following the rate meeting. Economists at Commerzbank analyze SEK’s outlook. Riksbank remains cautiously restrictive, but not enough The Riksbank didn’t raise the policy rate in November but has not ruled out a further increase at the beginning of 2024.
Share: Kiwi’s post-US CPI rally extended this week. Economists at ANZ Bank analyze NZD/USD outlook. US interest rates set to fall more quickly than NZ interest rates in 2024 There have been and will continue to be pullbacks, but more flexible labour markets have meant that the Fed has achieved better progress in
Share: The Swiss Franc (CHF) has proven to be the strongest G10 currency in the world this year. Economists at ING analyze EUR/CHF outlook. 2025 is when EUR/CHF will turn higher We think the SNB may tolerate EUR/CHF down near 0.95 during 2024 while it is still concerned with 2%+ inflation. Into 2025,
A North American unit of the Industrial and Commercial Bank of China (ICBC) was hit by ransomware this week. READ TOO The cyber attack disrupted some Chinese bank systems, reportedly hitting the liquidity of US Treasury bonds, which may have contributed to a brief market sell-off on Thursday (9). New York-based ICBC Financial Services
Share: Economists at Commerzbank expect the EUR/CHF pair to enjoy modest gains next year. Scope for a stronger Franc again in 2025 We see a moderate depreciation of the Franc against the Euro next year. The EUR should benefit from the fact that market expectations regarding interest rate cuts in the Eurozone are
Share: AUD/USD is still trading around 5% below its mid-July high. Economists at Commerzbank analyze Aussie’s outlook. Downside potential again in 2025 With the US likely to enter a recession in the coming months, while the Australian economy is expected to have a soft landing, the trend is likely to reverse in the
Share: The 1.8% decline in the US Dollar Index (DXY) last week was the largest since the second week of July. Economists at Société Générale analyze Greenback’s outlook. DXY at risk of a deeper retracement towards 102.55 A close below the 200-DMA (103.62) put the DXY at risk of a deeper retracement towards
Share: Economists at Citigroup expect the Swiss Franc (CHF) to weaken as the Swiss National Bank (SNB) may have ended its tightening cycle. CHF biased toward an extended period of underperformance The SNB’s pause at its September meeting at a 1.75% terminal rate likely signals an end to its tightening cycle which leaves CHF
