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A First In DeFi: Benchmark Protocol Launches MARK Token, An Elastic Collateral, Hedging Device
Monday, December 21, 2020 - 7:30am | 785Read More...Blockchain alone, as well as bitcoin, lacks a utility component. That’s according to David Mass, the Inventor of Benchmark Protocol, an uncorrelated, liquid, collateral utility. After a career focusing on blockchain application at institutional banking and consultancy firms, Mass leveraged...
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'Continued Economic Rebound': Stock Market Update For The Week Ahead
Sunday, October 18, 2020 - 1:38pm | 1695Read More...The Past Week, In A Nutshell What Happened: Last week ended positive alongside vaccine optimism and a retail sales beat. Remember This: “Regardless of who may win the election, we think the continued economic rebound will support future equity gains,” said Ryan Detrick, chief market...
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Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 5:42pm | 2217Read More...Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
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Fintech Focus For July 3, 2020
Friday, July 3, 2020 - 8:26am | 1689Read More...Daily Perspective: Life is what happens when you're busy making other plans. - John Lennon Fintech Movers: An International Monetary Fund (IMF) official recently noted that China’s Fintech sector could be “instrumental” in assisting SMEs with acquiring reliable credit. The...
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Stock Market Update For The Week Ahead: 'How Long Can Tech Lead?'
Sunday, June 28, 2020 - 5:53pm | 2192Read More...The Last Week In A Nutshell What Happened: “The S&P 500 is up 1.3% month-to-date (through June 25), but has struggled to push higher as it moves towards its previous peak,” said Lindsey Bell, chief investment strategist for Ally Financial, Inc-owned (NYSE: ALLY) Ally Invest. “...
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International Trade Estimates Plunge Alongside Other Economic Forecasts
Thursday, June 11, 2020 - 11:22am | 953Read More...International trade could contract 27% in the second quarter as the pandemic ravages global industries, according to the United Nations Conference on Trade and Development. “Assuming persisting uncertainty, UNCTAD forecast indicates a decline of around 20% for the year 2020,”...
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Bank Earnings, Crude Weigh On The Market, But Signs On Pandemic Front Encourage
Wednesday, April 15, 2020 - 9:01am | 2041Read More...After rallying yesterday, the market seems to be in a more somber mood this morning as signs of the economic toll from the pandemic continue to mount. Oil prices pulled back amid worries about demand from a global economy that the International Monetary Fund said is heading to its worst recession...
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Coronavirus Outbreak, IMF Forecast, Impeachment Trial Weigh On Investor Sentiment
Tuesday, January 21, 2020 - 9:58am | 1744Read More...As U.S. investors returned to their desks to begin a holiday-shortened week, they were facing some concerns that seemed to be eating into the optimism that led stocks to record highs last week. The deadly coronavirus outbreak in China brought back memories of the economic repercussions from the...
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IMF Cuts 2019 Global Growth Forecast
Tuesday, October 15, 2019 - 9:38am | 222Read More...The International Monetary Fund has released its latest World Economic Outlook and cut global growth. Global economic growth is forecast at 3% rate this year, the slowest pace since the 2008 financial crisis. The IMF has become more pessimistic about the global economy due to the higher import...
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IMF Cuts Global Growth Forecast
Tuesday, April 9, 2019 - 10:05am | 466Read More...The International Monetary Fund is the latest major economic institution to temper global economic growth expectations for 2019. On Tuesday, the IMF reduced its full-year global growth forecast from 3.5 percent to 3.3 percent. Economic Headwinds In its new report, the IMF said ongoing trade...
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Is India's 7.3% Growth Worth An Investment?
Tuesday, April 2, 2019 - 7:15am | 792Read More...With economic growth slowing worldwide in 2019, investors looking for growth sources have been forced to get creative. Ongoing concerns about the outcome of the Sino-American trade war have clouded the outlook for the Chinese market, but India has the sixth-largest economy in the world and is...
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Wakeup Call: World, China Growth Data Fail To Impress, Pushing Down Global Markets
Tuesday, January 22, 2019 - 10:18am | 1960Read More...After a long, snowy weekend across much of the country, a shortened week kicks off with the financial wheels still spinning on some icy patches despite this month’s sparkling stock market rally. Some of the slippery spots early Tuesday included a softer global economic growth forecast...
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Market Themes Of The Day: US Consumer Confidence Is Set To Increase
Friday, October 12, 2018 - 8:16am | 314Read More...What you need to know before markets open Main themes: China’s exports rose 14.5 percent in USD terms while imports rose 14.3 percent in September. China's trade surplus with the US hit a record high in September and that could boost fears of a further escalation of the trade war. German...
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On The Rate Watch: Yields Still Driving Action As Inflation Data Roll In
Wednesday, October 10, 2018 - 8:46am | 1910Read More...Today starts with the S&P 500 (SPX) on a four-day losing streak and one possible culprit — yields on 10-year Treasury yields—moving higher. Once again, the bias in stocks appears to be lower, as SPX futures remain under pressure amid interest rate fears. The 10-year Treasury...
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Investors Seem To Be Fretting About Rising Yields, Global Economic Growth
Tuesday, October 9, 2018 - 9:31am | 1388Read More...With the resumption of trading in U.S. Treasuries, it looks like the trend of rising yields pressuring equities could continue, even as worries about global economic growth because of trade issues get fresh traction. The International Monetary Fund (IMF) cut its estimates for next year’s...
