by OverviewFX | Jul 16, 2025 | Economy
By RoboForex Analytical DepartmentThe GBP/USD pair has slowed its decline, stabilising near 1.3391.On the previous day, Bank of England Governor Andrew Bailey addressed key global economic challenges in a speech at Mansion House. He described the latest wave of trade...
by OverviewFX | Jul 16, 2025 | Economy
Bloomberg Index Services Limited (BISL) today announced an agreement with CME Group to include EBS Market’s Spot FX transactions in its Bloomberg FX Fixings (BFIX) offering. “The trade data from a leading primary market venue like EBS Market will complement our...
by OverviewFX | Jul 16, 2025 | Economy
At the end of Tuesday, the Dow Jones (US30) Index fell by 0.98%. The S&P 500 (US500) Index fell by 0.40%. The Nasdaq (US100) Technology Index closed lower by 0.13%. Investors digested June inflation data, the latest earnings reports from major banks, and news that...
by OverviewFX | Jul 16, 2025 | Economy
Morgan Stanley (NYSE:MS) today published its financial results for the second quarter of 2025. The Institutional Securities segment reported net revenues of $7.6 billion compared with $7.0 billion a year ago. Pre-tax income was $2.1 billion compared with $2.0 billion...
by OverviewFX | Jul 16, 2025 | Economy
Bank of America Corp (NYSE:BAC) has just released its financial report for the second quarter of 2025. The net income from the Global Markets segment amounted to $1.5 billion, up from the $1.4 billion result registered in the year-ago quarter. Global Markets revenue...
by OverviewFX | Jul 16, 2025 | Economy
The UK Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC and Barclays Bank PLC a total of £42 million. The fine stems from two separate instances of failings in Barclays’ financial crime risk management – one relating to WealthTek and one relating to...
