Global private banks dominant in Asia, including UBS, HSBC and JPM, may need to dedicate more resources to serve family offices in the region.

Gold hit a record high of 2,531.60 on Tuesday FOMC will issue minutes of July meeting at 1800 GMT Aug 21 Reuters Gold prices eased on Wednesday, a day after hitting record highs, as investors awaited U.S. Federal Reserve meeting minutes and Chair Jerome Powell39;s speech for clues to the central bank39;s potential ratecutting path. […]

LONDON, Aug 21 Reuters The pound steadied on Wednesday near the oneyear high it touched against the dollar the previous day, with the U.S. currency under pressure from rising expectations of Federal Reserve interest rate cuts. Sterling was little changed on Wednesday at 1.3025, having touched its highest versus the dollar since July 2023 on […]

MUMBAI, Aug 21 Reuters The Indian rupee dropped on Wednesday to log its worst singleday performance in nearly two months as dollar demand from importers and foreign banks wiped off nearly all of the currency39;s gains from earlier in the week. The rupee closed at 83.9225 against the U.S. dollar, down 0.16 from its close […]

Demant up after MS upgrades to overweight Alcon down after Q2 results STOXX 600 up 0.2 Aug 21 Reuters European shares edged up on Wednesday buoyed by gains in miners, while investors awaited the minutes of the U.S. Federal Reserve39;s July meeting to gauge the direction of global monetary policy. The panEuropean STOXX 600 index ticked […]

Aug 21 Reuters Most major stock markets in the Gulf rose in early trade on Wednesday as investors awaited U.S. economic data and speeches from policymakers that are expected to make the case for rate cuts. Preliminary revisions to U.S. labour data are due later on Wednesday and a large downward revision is expected, which […]

FTSE 100 up 0.1, FTSE 250 adds 0.2 Mining shares lead broader gains, energy shares top losers Mobico posts jump in firsthalf profit, shares gain U.S. Fed Chair Powell39;s speech on tap Aug 21 Reuters London39;s FTSE 100 inched higher on Wednesday, supported by miners, while traders sensed caution among global markets ahead of U.S. […]

Spending around and on Prime Day increased year-over-year for many brands and the online market as a whole with industry-wide discounts becoming the standard for this second digital peak season.

Automation is transforming trading workflows and protocols on both the buy-side and sell-side of fixed income trading. In this analysis we look at four phases of implementing pricing in automation that to bridge the gap in pricing information.

Previous Trading Days Events 20.08.2024 RBA Meeting Minutes  RBA kept its cash rate at 4.35 for the sixth consecutive meeting, aligning with market expectations, while maintaining the Exchange Settlement balance rate at 4.25 and signalling a continued restrictive stance until inflation targets are achieved. Canada Inflation Rate Dropped to 2.5 YoY in July 2024 from […]