Exclusive: ‘No quick fixes’ in 2022 as Deutsche Bank’s global investment chief discusses inflation and central banks December 22, 2021 Inflation and central banks will be in focus next year. In fact, 2022 should be the year where central bank policy really starts to change gear, with other central banks to follow the Fed’s line on tightening, according to Christian Nolting, Global Chief Investment Officer at Deutsche Bank. “But there will be plenty of other regime [...]
Vive la metaverse, and all hail DAOs! December 22, 2021 DeFi is the backbone of a new financial system that displaces legacy banking, says Dr Chris Kacher.
Omicron uncertainty continues to spook cryptocurrency markets December 20, 2021 Bitcoin is down slightly today, falling almost two per cent over the past 24 hours to just above the $46k mark.
HSBC fined £64m for eight years of anti-money laundering failures December 17, 2021 Britain’s financial watchdog has fined HSBC Bank £63.9m for failings in its anti-money laundering processes in the eight-year period between 2010 and 2018, it said this morning. The Financial Conduct Authority (FCA) said it had identified “serious weaknesses” in three key parts of the automated processes that the banking giant uses to monitor hundreds of [...]
Scandal hit Johnson accepts responsibility for shock Lib Dems by election win December 17, 2021 The Lib Dems have capitalised on recent scandals which have rocked the government to pull off a win in the North Shropshire by election.
Bitcoin recovers some losses, but markets still look sluggish December 15, 2021 After a laboured start to the week, Bitcoin has recovered some losses from Monday. It's currently up three per cent on this time yesterday.
Decade-high inflation print dials up pressure on Bank of England to hike rates December 15, 2021 Pressure on the Bank of England to hike rates is dialling up amid swelling energy bills causing inflation to skyrocket to its highest level in over a decade. The cost of living climbed to 5.1 per cent last month, according to data released by the Office for National Statistics (ONS) today, smashing analysts’ expectations and [...]
Early Morning Call: All eyes on Fed; gold breaks support; and Adobe down December 15, 2021 All eyes are on the US dollar with the Federal Reserve meeting ahead. EUR/USD fell yesterday as the European Central Bank expects 2023/24 inflation below the 2% target. We’re also watching GBP ahead of UK consumer price inflation data. Adobe (ADBE) plunged 7% following JPMorgan downgrade. And gold breaks support as USD strengthens ahead of [...]
Crypto markets fall again ahead of possible US rates rise December 14, 2021 Bitcoin slipped to a low of $45,000 on Monday, down almost 10 per cent from its weekend highs of more than $50k.
The metaverse allows us to embrace ch-ch-changes December 9, 2021 It's time to relax and just go along with the flow of it all - the metaverse is in good hands, says Dr Chris Kacher.