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Justin Low

China’s digital yuan foray sees transactions surpass ¥100 billion

The number is put out by the PBOC, with the spending covering 360 million transactions in plot areas involving 15 provinces and municipalities. According to the central bank, there are more than 5.6...

Despite the doom and gloom, the pound looks set to end the week higher

Despite a harrowing start to the week, the pound looks set to wrap up the week higher than where it was on Friday against the dollar and euro. The Monday open in markets...

Former BOE deputy governor calls for action, “you go big and you go fast”

Bean says that "if you call an emergency meeting, you have to take significant action". Adding that in such a scenario, "you go big and you go fast" in referring to what the...

European equities fall at the open today

Eurostoxx -0.8%Germany DAX -1.0%France CAC 40 -0.8%UK FTSE -0.2%Spain IBEX -0.8%Meanwhile, S&P 500 futures are down 15 points, or 0.4%, at the lows for the day currently. Since Putin's announcement just a little...

ECB’s Knot: Curbing the dynamic in inflation is the only concern

ECB has sent a forceful signal with 75 bps rate hikeInflation uncertainty is too big in order to give a forward guidanceIn other words, he's just laying on the aggressive tone that was...

Dollar holds more mixed on the day

The dollar is sitting in a mixed spot so far on the day, trading higher against the likes of the yen and antiopdeans but lower against the loonie, euro, and pound. The changes...

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