Summary: It was all happening overnight in the FX markets after the US Headline CPI in January rose at an annual rate of 7.5%, beating economist’s forecasts at 7.3%. The year-on-year pace of US inflation was the highest in nearly 40 years. Annual core Inflation rate rose to 6.0% for the month, up from a previous 5.5%, and higher than estimates at 5.9%. The benchmark US 10-year treasury bond yield soared to 2.04%, up 10 basis points from 1.94% yesterday. Two-year US bond rates rocketed up a whopping 25 basis points to 1.61% from 1.36%, its highest level since December 2019.

GHD, the leading professional services company, has partnered with Silta Finance to help develop Silta’s collateral bridge between infrastructure developers and decentralised finance (DeFi) by experimenting with the technology solution and providing feedback and improvement suggestions. 

- Real-time market data sharing for Energy trading desk

- Expands to Metals trading desk

UAE-based blockchain payment startup PYPL raises $11 million 

21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency ETPs, today announced the appointment of three new senior sales leaders to extend its U.S. footprint amidst growing investor appetite for crypto solutions.

The annual pace of inflation is approaching 5% in Canada, an all-time high in 30  years. Combinedwith low yields, investors face challenges around theirfixed income portfolio allocations.  BMO Asset ManagementInc. offers investors convenient access to a portfolio of unique high yielding fixed  income securities through the BMO Canadian Bank Income Index ETF (ZBI). This ETF seeks to replicate the performance of the Solactive Canada Bank Income Index. 

Not a single respondent was able to correctly calculate the full cost of a credit card purchase, including interest 

Partnerships 

Refinitiv expands collaboration with Microsoft to launch market-data powered AI Assistant in Microsoft Teams

Talented leadership, focus on customer experience, and global adoption fuel Xactly’s success

●       New Green Loans proposition will offer borrowing with no arrangement fee* to qualifying Small and Medium Enterprises (SMEs)** investing in eligible clean buildings, energy, transport and agriculture