Key Insights Manufacturing PMI declined from 49 in July to 47 in August. Services PMI decreased from 52.3 in July to 51 in August. Composite PMI fell from 52 in…
Day: September 1, 2023
Bitcoin gives up mid-week gains
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How a machine learning model closed a hidden FX arbitrage gap
In 2022, Yoshihiro Tawada, head of FX-flow quant modelling at MUFG Securities EMEA, noticed an anomaly in the market for Turkish lira/yen options. During periods of market turbulence, the mid…
The Grayscale Bitcoin ETF case decision could come as soon as Tuesday US time
The gist of the case is the US Securities and Exchange Commission (SEC) repeatedly rejecting Crypto investment firm Grayscale’s proposal to convert the Grayscale Bitcoin Trust into an ETF. An…