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New money and true money – what's a marketer to do when technology and currency collide? It is inevitable that cryptocurrencies will emerge and eventually gain mass adoption and dominate global commerce, says Steve Sammartino. Marketers need to stop looking under the cryptocurrency hood and consider its global potential. This article originally appeared in The Money Issue, our April/May ...
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The USD was stronger across the board for a second day running, Bloomberg DXY was around 0.5 ... By Nick Smyth. The USD was stronger across the board for a second day running. The Bloomberg DXY was around 0.5% higher, and is now approaching the upper end of the trading range it's been in since late January. The rise in US yields probably helped the USD on the day, although the ...
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Chart of the Day: Asian currency unit beats domestic banks in loan growth This chart from Maybank Kim Eng shows that Asian currency unit (ACU) loans (+14% in February) are now driving overall loan growth, as domestic banking units' (DBU) loan growth slows (+3.7%). DBU and ACU combined, total loans are growing almost +9%, which is a three-year high. Business loans ...
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