Higher inflation in Australia, everything as expected in New Zealand – Commerzbank
The Australian inflation indicator for April, published this morning, came in at 2.4%, which is slightly higher than…
Global central banks see harsh realities
TOKYO — It’s Japan’s version of the US Fed’s Jackson Hole symposium, without the trail hikes or views,…
Personal finance app Monarch raises $75 million
Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino. Courtesy: Monarch The personal finance startup Monarch…
Smart Contracts Could Make Central Banks ‘Nimbler’
Highlights Central banks are studying how tokenization and smart contracts can automate monetary policy implementation, potentially making them…
Big Banks Eye Crypto, But Can Smaller Lenders Win Retail Wallet?
Highlights Banks are shifting into crypto as U.S. regulators and lawmakers signal that new rules are imminent. JPMorgan,…
Keep some cash under your mattress, says Dutch central bank – POLITICO
In April, a power blackout in Spain and Portugal caused severe but ultimately short-lived problems with payments systems.…
EUR steady despite continued dovishness from ECB – Scotiabank
Euro (EUR) is entering Tuesday’s NA session largely unchanged vs. the USD while trading with modest support over…
A cut and a dovish surprise – Standard Chartered
The Reserve Bank of Australia (RBA) cut the cash rate by 25bps to 3.85%, as we had expected.…
European stocks subdued as corporate news outweighs US credit downgrade – The Irish Times
European stocks closed flat on Monday, following a five-week winning streak, as declines from a surprise US credit…
UK Central Bank Could Ease ‘Ringfencing’ Rules for Lenders
The Bank of England is reportedly looking to ease its “ringfencing” rules for British lenders. As the Financial…
Canarian Weekly – The Rise of Central Bank Digital Currencies (CBDCs): What Businesses Need to Know
Cash is still around, but it’s no longer king. Central banks in dozens of countries are exploring digital…
Eurozone economy stagnates as Germany struggles – POLITICO
Thursday’s GDP figure masked a distinctly two-speed reality: GDP contracted in both France and Germany in the fourth…