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Fintech Focus For November 10, 2020
Monday, November 9, 2020 - 6:42pm | 2688Quote Of The Day: A dying man can do nothing easy. - Benjamin Franklin Fintech Movers: The rise of new financial technologies will call for new approaches to regulation, Federal Reserve Bank of Cleveland President Loretta Mester said Monday. - WSJ UK fintech industry braces for Brexit. Mastercard...
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Fintech Focus For November 4, 2020
Tuesday, November 3, 2020 - 8:01pm | 1908Quote Of The Day: The question isn't who is going to let me; it's who is going to stop me. - Ayn Rand Fintech Movers: Voice technology has the potential to improve financial services in more ways than just convenience and accessibility. - SDK.finance Alameda invests $3M in 3Commas. Schwab...
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Fintech Focus For October 14, 2020
Tuesday, October 13, 2020 - 8:31pm | 2432Quote Of The Day: I never dreamed about success, I worked for it. - Estee Lauder Fintech Movers: After years of working in and around Ethereum, Jonathan Perkins, alongside John and Charles Crain, founded SuperRare in 2017 on the back of a new non-fungible token (NFT) standard. Now, SuperRare...
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Fintech Focus For October 1, 2020
Wednesday, September 30, 2020 - 7:01pm | 2198Quote Of The Day: Wars are poor chisels for carving out peaceful tomorrows. - Martin Luther King, Jr. Fintech Movers: Insurtech has emerged as a major draw for VC investment, with the space attracting more than $6B in funding last year. - CB Insights Iownit intros a DLT for private markets. How...
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BP Calls Out Oil Demand Peak, OPEC Cuts 2021 Outlook
Monday, September 14, 2020 - 2:45pm | 415BP plc (NYSE: BP) became the first major oil company to call out an oil demand peak in its energy outlook report on Monday. The company said oil demand may not return to pre-coronavirus levels. This is a contrarian view, as most energy giants and OPEC ministers think oil consumption will see...
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'Psychological Milestone': Stock Market Update For The Week Ahead
Sunday, August 23, 2020 - 2:56pm | 2252The Last Week In A Nutshell What Happened: “The market has taken us on a roller coaster ride that no one would have believed — from the depths of March 2020, when we dropped to a level last seen in 2016 (e.g., $2,237.40 on the S&P 500) to a 51% rally back to reclaim an all...
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Fintech Focus For July 29, 2020
Wednesday, July 29, 2020 - 5:25pm | 2166Daily Perspective: Opportunities multiply as they are seized. - Art Of War Fintech Movers: Startups like Atomic, Astra, and Canopy are already starting to build gateless, autonomous fintech products. When they arrive, the future of money will look very little like the past. - Forbes TradeZero...
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Fintech Focus For July 16, 2020
Thursday, July 16, 2020 - 10:10am | 1970Daily Perspective: On the whole, human beings want to be good, but not too good, and not quite all the time. - George Orwell Fintech Movers: TradeZero America, a commission-free trading platform, formally announced a sponsorship deal with Barstool Sports founder Dave Portnoy. - Benzinga Beaxy,...
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OPEC Warns Second 'Strong Wave' Of Coronavirus Will Lead To Drop In Oil Demand
Wednesday, July 15, 2020 - 1:03pm | 373The Organization of the Petroleum Exporting Countries held a Joint Ministerial Monitoring Committee meeting on Wednesday to discuss supply cuts. OPEC+ sources say the committee is aligned to ease oil production cuts. So far, the Saudi and Russian energy ministers both support the tapering of cuts....
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'Head Above Water': Stock Market Update For The Week Ahead
Sunday, July 12, 2020 - 4:50pm | 1993The Past Week, In A Nutshell What Happened: “It’s certainly been a wild ride for stocks in 2020,” noted researchers at LPL Financial. “Barely past the halfway point, the year has already brought the worst pandemic to hit the U.S. in over 100 years, an unprecedented...
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China Congestion And Stubborn Storage Buoy Tanker Rates
Friday, July 10, 2020 - 5:28pm | 1182Good news for tanker rates: Port congestion is on the rise, particularly in China. Floating storage is down from its peak, but there's a very long way to go before all those cargoes are unloaded. And on the tanker supply side of the equation, surging congestion in China is offsetting declines in...
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Travel, Retail Shares Coming Under Pressure Again As Virus Cases Spike In Parts Of U.S.
Thursday, June 18, 2020 - 9:50am | 2226(Thursday Market Open) Is this rally running out of steam? More catalysts might be needed to sustain the positive flow, but most of the news this morning is negative. That includes reports of spiking virus caseloads in parts of the U.S. and a bearish initial jobless claims report. It goes back to...
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Oil Analyst Expects Deeper Deficit In Q3, Says Demand Will Not Fully Recover Until 2022
Monday, June 8, 2020 - 11:59am | 668Oil futures were trading higher Monday after the Organization of Petroleum Exporting Countries and its allies met by videoconference call on Saturday and agreed to extend the 9.7-million-barrel-per-day production cuts through July. Capital Economics says the Saturday conference was...
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Oil Inches Higher As OPEC And Allies Extend Historic Production Cuts By Another Month
Monday, June 8, 2020 - 12:25am | 293The Organization of Petroleum Exporting Countries and its allies on Saturday agreed to extend the 9.7 million barrels per day production cuts through July. What Happened The OPEC+ countries had agreed in April to make the highest supply cuts in history for the months of May and June as the...
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'A New Business Cycle': Stock Market Update For The Week Ahead
Sunday, June 7, 2020 - 2:29pm | 1416The Past Week, In A Nutshell What Happened: “The bulk of [recent] gains came in the leisure and hospitality sectors, which makes sense because you saw a lot of areas reopening restaurants in May,” said Shawn Cruz, manager of trader strategy at TD Ameritrade. “It just shows how...