Oil price caught between OPEC and geopolitics – Commerzbank
The Oil market is likely to be eagerly awaiting tomorrow’s decision by the eight OPEC+ countries that have…
Crude Oil faces CTA headwinds as OPEC+ tests market resilience – TDS
Crude markets only have a very narrow path towards higher prices. In the imminent term, CTA selling activity will…
Indian Banks Log Threefold Uptick in Fraud
Bank fraud in India nearly tripled during 2024, according to the country’s central bank. In its annual report Thursday (May…
Official Cash Rate announcement: Banks drop interest rates after Reserve Bank cuts OCR
ASB cut its variable housing loan from 6.64 to 6.44%, its ‘back my build’ loan from 4.19 to…
Trade wars can be messy – ING
FX markets should focus on two themes today: the US Court of International Trade ruling that the majority…
Slovakian Governor Kažimír convicted of bribery in fresh embarrassment for ECB – POLITICO
Peter Kažimír, governor of the Slovakian central bank and a close ally of Prime Minister Robert Fico, was…
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.…