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Finance & Markets

Visa and World Bank Group Announce New Risk-Sharing Initiative to Expand Digital Payments and Financial Inclusion in Emerging Markets

SAN FRANCISCO — Visa (NYSE: V), a global leader in digital payments, and the International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, are partnering on an innovative risk-sharing initiative designed to help expand financial inclusion by increasing access to digital financial services in emerging markets. Under the […]

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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Hedge funds position for yen to strengthen past 150 as options bets build

Macro hedge funds are increasing bets that the yen will strengthen beyond JPY150 against the dollar by the end of the year, with some longer-dated options positions targeting a move towards JPY140…

  • Macro hedge funds predict yen will surpass JPY150 by year-end
  • Bearish options activity dominates dollar-yen pair
  • Yen strengthens despite US labor report and Bank of Japan remarks

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