Laureline Renauc-Chatelain, fixed income strategy lead at Pictet Wealth Management, discussed the likelihood of a Federal Reserve rate hike in September. She noted that the recent payroll data was somewhat surprising but indicated a stable labor market that is not adding inflationary pressure. Despite noisy and downwardly revised employment figures, the key focus remains on upcoming Consumer…
Ontario Municipal Employees Retirement System returned 4.8% in the first half of the year, gaining C$6.9 billion ($5 billion) from a strong US dollar and rising stock market.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain in a tight intraday band after Monday’s modest rebound, with the pair seen between 1.2785 and 1.2815.
Yoni Assia, co-founder and CEO of eToro, said that his company bought brokerage TradeZero to expand their presence in the United States and not have to build it from the ground up.
Data from the Federal Reserve Bank of New York is shedding new light on the current state of the American economy. On Tuesday, the New York Fed issued its Quarterly Report on Household Debt and Credit…
