A modest upside surprise in the US September inflation readings added to the upward pressure on long-term Treasury yields, which underpinned the dollar rally.

After success in other fund jurisdictions, Ebury starts issuing its own IBANs in Luxembourg to support the alternative fund management industry.

Ebury, the global financial technology firm, is pleased to announce the strengthening of its Institutional Solutions team, reinforcing its commitment to supporting the alternative fund management industry. The firm welcomes two new hires: Tom Farrow and Aaron Bird.

CEE currencies suffered large losses last week as risk-off, rates repricing and subsequent dollar rally prevented them from catching a breather.

The dollar rally extended for a second week, as strong macroeconomic news out of the US, combined with growing geopolitical concerns, sent investors fleeing to the safety of the greenback. Read more via the report below.

Ebury, a global fintech that empowers businesses to trade and grow internationally, today announced the appointment of Bruce Carnegie-Brown as Chairman of its Board of Directors, effective 1 October 2024. Bruce will work closely with Ebury’s leadership team to support the business’s continued growth and global expansion.

CEE currencies sold off against both the US dollar and their reference euro last week, with underwhelming economic news from the common currency bloc casting a shadow on open economies of Eastern Europe.

Markets last week cheered news that Chinese authorities were launching a new and aggressive stimulus packaged to arrest the real estate market crash and support investment and consumption. Read more via our report below.