The outlook for the banking industry is stable for the next 12 to 18 months as the global economy maintains a steady recovery, helping support banks’ asset quality and keeping loan loss
Markets did not take well to Turkish President Tayyip Erdogan appointing Nureddin Nebati, a strong supporter of his low-interest rate drive as minister of Treasury and Finance on Thursday, as the Turkish
The Bitcoin rally stalled on heightening worries about inflation, but it remains “a better shield than gold,” according to the chief executive of a leading financial advisory and fintech. The largest cryptocurrency
By Lukman Otunuga, Senior Research Analyst at FXTM A wave of risk aversion upset European markets on Tuesday as concerns over the effectiveness of existing Covid-19 vaccines against the Omicron virus left
Advanced Micro Devices (AMD) “Computing and Graphics” segment recorded its largest quarterly revenue yet in Q3 2021 after experiencing a 9.5% quarterly CAGR since Q3 2020 – $2.4 bln. As one of
By Hussein Sayed, Chief Market Strategist at Exinity Group Last Friday could be regarded as 2021’s worst day in financial markets. Risk-off sent stocks, oil prices, commodity currencies and Treasury yields sharply
The new Covid-19 variant will temporarily wobble financial markets, but concerns will be quickly shrugged off, said the CEO of a leading financial advisory and fintech. The new Covid-19 strain discovered in
Cryptocurrency exchanges in the U.S. will be shunned by investors and the Biden administration will force the multi-trillion dollar sector of the future of money away from America, according to the chief
By Lukman Otunuga, Senior Research Analyst at FXTM The mood across European markets darkened on Tuesday as surging Covid-19 cases on the continent dented risk sentiment. Austria reintroduced a national lockdown on
By Hussein Sayed, Chief Market Strategist at Exinity Group The European single currency is struggling to find support, having fallen more than 7.5% so far in 2021. The euro is now the
