OSL Expands Asia’s Digital Asset Market with Gold-Backed Stablecoin USDKG
OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licens ...
UK industrial orders for May fall at quickest pace since 2020 on higher cost pressures
The CBI monthly manufacturing order book balance for May dropped to -41, following the -38 reading in April. That mar ...
Germany’s fiscal situation is a case of geopolitical irony
Germany’s finance ministry just reported a €41 billion federal budget deficit at the end of April earlier today ...
UK May flash services PMI 47.9 vs 51.7 expected
Prior 52.7Manufacturing PMI 53.7 vs 53.0 expectedPrior 53.7Composite PMI 48.5 vs 51.6 expectedPrior 52.6More to come. ...
Pakistan army chief’s reported visit to Iran stirs up murmurs about an agreement
Earlier in the day, Iran media reported that Pakistan’s army chief was due in Tehran on Thursday. Adding that this is ...
Eurozone May flash services PMI 46.4 vs 47.7 expected
Prior 47.6Manufacturing PMI 51.4 vs 51.8 expectedPrior 52.2Composite PMI 47.5 vs 48.8 expectedPrior 48.6More to come. ...
Germany May flash manufacturing PMI 49.9 vs 51.0 expected
Prior 51.4Services PMI 47.8 vs 47.0 expectedPrior 46.9Composite PMI 48.6 vs 48.4 expectedPrior 48.4More to come..
France May flash services PMI 42.9 vs 46.6 expected
Prior 46.5Manufacturing PMI 48.9 vs 52.2 expectedPrior 52.8Composite PMI 43.5 vs 47.7 expectedPrior 47.6More to come. ...
FX option expiries for 21 May 10am New York cut
There aren’t any major expiries to take note of on the day, with the full list seen below.Trading sentiment con ...
BOJ policymaker Koeda: Inflationary risk is already materialising
Risk of inflation overshoot is bigger than risk of recessionFor now, not expecting a sharp deterioration in the econo ...
ECB policymaker Rehn: We are moving towards the adverse scenario
In the adverse scenario, it may be warranted to raise interest rates for the sake of credibilityDon’t see any s ...
One headline is all it takes..
It don’t matter the context and it certainly don’t matter the veracity of the comment. In this market, it ...