* NY FED ISSUES STATEMENT REGARDING REPURCHASE AGREEMENTS. * NY FED TO CONDUCT OVERNIGHT REPO OPERATIONS WITH A MINIMUM BID RATE OF 0.25% & WITH AN AGGREGATE OPERATION LIMIT OF $500 BILLION, EFFECTIVE JULY 29, 2021. * NY FED SAYS TREASURY, AGENCY DEBT, AGENCY MBS TO CONTINUE TO BE ACCEPTED; ALL OTHER TERMS TO BE SAME AS EXISTING OVERNIGHT REPO OPERATIONS Source text : https://nyfed.org/2VhtO1o.
Momentive AI-powered solutions allow Cover Genius to run agile research in regions across the globe and move from ideation to analysis in less than a week Momentive, a leader in agile experience management, today announced that Cover Genius, the insurtech for embedded insurance that protects the global customers of the world’s largest digital companies, has selected Momentive to power its glo...
NEW YORK, July 28, 2021 According to Technavio, incremental growth of USD 3.04 billion is expected in the third-party banking software market during 2021-2025. Download a Free Sample Covering COVID-19 Impact Analysis The market is fragmented, and the degree of fragmentation will decelerate during the forecast period.
* Fed's policy statement is due at 1800 GMT. * Silver bounces off near four-month lows hit on Tuesday. By Eileen Soreng. Gold prices firmed on Wednesday, drawing support from weaker equities and a subdued dollar, though gains were limited as markets cautiously awaited fresh insight into the U.S. Federal Reserve's views on inflation and economic growth.
Gold prices were flat on Wednesday, holding near the key psychological level of $1,800 per ounce, as investors await the U.S. Federal Reserve's meeting for hints on policy tapering plans. FUNDAMENTALS. * Spot gold was flat at $1,798.75 per ounce by 0106 GMT. * U.S. gold futures fell 0.1% to $1,798.20 per ounce.
* Fed meeting concludes on Wednesday with Powell press conference. * IMF maintains its 6% global growth forecast. * U.S. consumer confidence hovered at a 17-month high in July. By John McCrank.
Fundamentally, much of the price inflation we’ve experienced over the past year can be attributed to the trillions of dollars of new money pumped into the economy that’s been looking for a home ever since.
Nigeria's central bank is halting dollar sales to exchange bureaus, saying they have become conduits for graft and illicit flows of money. "It is a huge haemorrhage on our scarce foreign exchange reserves and it cannot continue," the bank's governor, Godwin Emefiele, said on Tuesday.
1/TALKING TAPER. The U.S. Fed meets on Tuesday and Wednesday and looks set to debate when and how to kick off a bond taper, even as a surging Delta variant caseload revives economic risks from a pandemic many policymakers had hoped was drawing to a close.
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