Wednesday, Nov 20, 2024

International Finance

Tag : Trading and technology

Banking

Mobile, i-banking transactions worth nearly £1 billion a day in UK

International Finance Desk
by International Finance Desk
In 2014, the rate of adoption of digital banking grew strongly with more than 15,000 people downloading banking apps a day July 22, 2014: Mobile and internet banking are now being used for transactions worth nearly £1 billion a day in the UK, according to a major industry-wide report into consumer-friendly technology by the BBA...
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Economy

India’s industrial output in May highest since 2012-end

International Finance Desk
by International Finance Desk
Independent survey of manufacturing sector indicates that uptrend continued in June with factory output expanding for the eighth successive month, reports Team IFM New Delhi, July 18: India’s industrial output grew to a 19-month high in May, topping analysts’ predictions and goading corporate India to talk of a recovery “on the anvil”, while an independent...
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Economy

Singapore’s factory output dips, drags down Q2 growth

International Finance Desk
by International Finance Desk
Island nation’s growth forecast for 2014 also revised downward following reversal after first quarter growth, reports Team IFM Singapore, July 18, 2014: Singapore’s growth shrunk in the second quarter after notching an ascent in the first, primarily because of a decline in the manufacturing sector, prompting financial institutions to downgrade their GDP foresight for 2014...
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Economy

UK’s growth to slow down in second half: The Conference Board

International Finance Desk
by International Finance Desk
But some surveys point to orders expanding in manufacturing, construction and services leading to fresh recruitment, reports Team IFM London, July 18, 2104: Britain is set for a slower growth trajectory in the second half of the year, according to a widely-followed index gauging perceptions on future economic conditions, even as a slew of surveys...
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Business Leaders

For JTB, it is all about SMEs

International Finance Desk
by International Finance Desk
At Jammal Trust Bank, anyone who needs to finance a productive idea is considered a potential SME July 18, 2014: SMEs are a fundamental part of the economic fabric in Lebanon. They play a crucial role in furthering growth, innovation and prosperity. Unfortunately, they are strongly restricted in accessing the funds that they require to...
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Economy

Concerns about stagnation in Germany

International Finance Desk
by International Finance Desk
he ZEW index, which measures investors’ confidence, continued its recent downward trend and decreased in July for the seventh month in a row July 16, 2014: While the World Cup trophy just landed in Berlin, the German ZEW index sends more signs of caution. The ZEW index, which measures investors’ confidence, continued its recent downward...
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Economy

Mexican inflation rate up, but stays below predictions

International Finance Desk
by International Finance Desk
Independent survey says manufacturing sector witnessed moderate improvement in business conditions, reports Team IFM Mexico City, July 15, 2014: Mexico saw consumer prices rising moderately in June following two consecutive monthly declines from the preceding month, the increase driven primarily by jumps in processed food and services prices after the central bank cut interest rates...
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Economy

French woes continue, industrial output falls in May

International Finance Desk
by International Finance Desk
Unofficial survey brings no good news for June as output levels and new orders witness sharp decline, reports Team IFM Paris, July 15, 2014: Quick recovery continues to prove elusive for France, the world’s fifth largest economy by nominal GDP, with industrial production taking a plunge in May, accompanied by inflation that hit its lowest...
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Fintech

Choose your Trading Instruments: Forex and CFD Trading

International Finance Desk
by International Finance Desk
CFDs offer the opportunity to speculate and diversify your trading in different financial markets, without actually owning the underlying asset. 14th July 2014 Over the last decade, trading in financial markets has developed rapidly. Technological breakthroughs have brought the fascinating world of trading to individual traders’ fingertips. Investors enjoy access to a wide range of...
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Banking

Quantitative Easing Under the Microscope

International Finance Desk
by International Finance Desk
While one of the main objectives of QE is to stimulate inflation to prevent deflation, too much inflation could be an unintentional outcome. July 14, 2014 : European Central Bank president Mario Draghi has pulled out the big guns. With years of declining inflation and persistently high unemployment plaguing the Eurozone, the central bank is considering...
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