Cardinal Trading: Slowing growth in Europe, China and a cooling of the US economic recovery is fueling a flight to safety. Cardinal Trading: Conflicting economic data emerging from the US, slowing growth in China and a Eurozone flirting with a deflationary spiral point to a tough time a head for the world’s economic fortunes. Chief […]
Cardinal Trading: Facebook To Launch Mobile Payments
Cardinal Trading: Facebook appears to be on the verge of incorporating payment functionality into its Messenger app. Cardinal Trading: Users of social media giant, Facebook’s Messenger application will soon be able to send money to each other according to leaked unpublished code being worked on by the company’s development team. Technology and social media analyst […]
Cardinal Trading Reports China Boosts Banks Liquidity
According to Cardinal Trading, the PBoC is reportedly injecting 500 billion yuan into China’s biggest banks in an effort to boost liquidity. Tokyo, Japan – According to Tokyo based Cardinal Trading, fear of an economic slowdown has reportedly prompted the People’s Bank of China to begin injecting 500 billion yuan into the country’s largest banks […]
Cardinal Trading says ECB Could Start Currency War
According to Cardinal Trading, the European Central Bank imperatives include weakening the euro despite the risk of sparking a currency war. Tokyo, Japan – Tokyo based Cardinal Trading: The European Central Bank’s decision to embark on a large asset purchase scheme aimed at encouraging lending and increasing liquidity within the trading bloc will almost certainly […]
Cardinal Trading Says No Easy Exits For Central Banks
Cardinal Trading says investors believing central banks can make an orderly exit from their interventions in the markets are mistaken. Tokyo, Japan -Cardinal Trading has told institutional clients that central banks will find it difficult to exit fully from their monetary experiment of quantitative easing. Johannes Feinberg, chief economist at the Asian market-focused investment house […]
Cardinal Trading Reports Twitter to Rollout Buy Now Button
Cardinal Trading: Micro-blogging platform, Twitter, is to rollout a new e-commerce offering which will enable users to buy products from within a tweet. Cardinal Trading has reported that Twitter, the micro-blogging service that went public last year is set to make its first foray into the world of e-commerce by introducing a “Buy Now” button […]