Seven Swiss institutions, including UBS, BCV, and BKB, are participating in the Agorá project, which aims to explore the integration of customer deposits and central bank money into a programmable financial platform. Launched by the Bank for International Settlements and seven central banks, the project seeks to enhance the monetary system through tokenization and smart contracts. The initiative, involving 41 private financial institutions globally, is set to run until 2025.
09:00 17.09.2024
The Federal Reserve is set to cut interest rates for the first time since 2020, with options of a 25 or 50 basis point reduction. Market sentiment leans towards a 50 bps cut, but expectations suggest a more cautious 25 bps reduction may be likely, reflecting mixed economic signals. The upcoming FOMC meeting will also provide insights through economic projections and the dot-plot chart, influencing market reactions, particularly in Forex and U.S. equities.
09:00 17.09.2024
Germany's economic growth is showing signs of cooling, with the ZEW Indicator of Economic Sentiment dropping from 19.2 to 3.6 in September. Despite a slight GDP increase of 0.2% in Q1, the economy contracted by 0.1% in Q2, and private consumption is faltering due to high inflation and changing consumer preferences. The outlook suggests a challenging period ahead, with stagnation and slight declines in GDP likely in the coming months.
09:00 17.09.2024
Ethereum's price has surged ahead of the Federal Reserve's upcoming meeting, where a decision on interest rates is anticipated. Investors are speculating on a potential rate hike of 25 or 50 basis points, with a 63% probability of a 50 basis point cut. Additionally, the US election campaign is expected to influence market dynamics, particularly following a recent debate between Kamala Harris and Donald Trump, with hopes for a crypto-friendly administration.
IG
09:00 17.09.2024
A Danish woman changed her name to sell her Verbier apartment to herself, aiming to clear her debts. The notary involved is charged with forgery for failing to verify her identity, while the Banque cantonale du Valais, deceived in a mortgage deal, has also faced scrutiny. The case is ongoing, with a verdict pending.
09:00 17.09.2024
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings