JPY Outperforms, GBP, AUD Flat, Stocks Fall, Yields Ease

Commenting on the market reaction to the UK economy surpassing its pre-pandemic size, Jesús Cabra Guisasola, Senior Associate at Validus Risk Management, said: “The UK economy continues its recovery and surpassed its pre-pandemic size with a growth of 0.9% during November 2021.

“This increase is higher compared to the growth during October 2021 (0.2%), mainly driven by the construction and manufacturing sectors. Nevertheless, we could expect GDP to slow down in December and January when the Omicron variant impacted the economy harder.

Commenting on GDP data pointing to a tough start to the year, Douglas Grant, Group CEO at Manx Financial Group PLC, said: “This GDP data coupled with rising inflation and a potential interest rate hike in the near future all point to a tough start to the year and beyond.

PAMM and MAM accounts have started to draw more attention than ever, especially during 2021 when we have seen a notable increase in interest from traders. This growth can be accounted for in several ways, perhaps not surprisingly as a result of the explosion of online trading, which has in turn, created further demand for Forex and crypto-related services from brokers.

Cornerstone FS plc, the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an update on trading for the year ended 31 December 2021.

Friktion Labs, the development organization building Friktion - a Solana-based options and structured product protocol, has concluded a $5.5 million capital raise.

About that next step.

The perils of already being very high.

Do not underestimate the prosperity that can flow from being bearish.

Quartix aims to support the rapidly growing demand for its digital products that enable industrial buyers and vendors to pay or collect whenever they want, regardless of payment terms

Fintech company Quartix, who provides a SaaS platform that unlocks digital Supply Chain Finance solutions to mid-size industrial companies, announced today it has successfully secured a $20M funding facility from two Fintech credit funds with a potential to increase the credit facility.

Delta, a global leader in power and thermal management solutions, today announced a new partnership with DATABOX - Informática, S.A., a prominent IT channel distributor based in greater Lisbon, Portugal, to provide Delta’s wide range of energy-efficient Uninterruptible Power Supplies (UPS) and Data Centre Infrastructure Solutions to IT resellers and system integrators throughout Portugal.

• Eiffel Investment Group, a leading specialist in energy transition financing, is initiating a pan African bridge funding strategy for renewable energy infrastructure. 

• This strategy aims to accelerate the electrification of the African Continent with the objective  of funding renewable-based electricity to an equivalent of two million consumers(1).