AI agents could gradually change how corporate treasurers manage cash, reducing the inertia that keeps large balances in low-yielding bank accounts and putting pressure on banks’ deposit funding.
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The Fed and ECB have both hiked, the Bank of England held on a 6-3 split, and equities hit record highs, all against a backdrop of sticky inflation, ongoing conflict and tightening liquidity that points to rates staying higher for longer.
Markets remain focused on rising oil prices and their impact on interest rates. Brent crude has climbed above $90 as tensions in the Gulf region intensify, reversing expectations of slower rate hikes following weaker-than-expected US jobs and wage data.
Following a split FOMC vote and stubborn inflation, Nigel Owen and Glen Stone explain why the market is now leaning toward a September hike rather than a cut.
Kevin Cook explains the founding principles behind TreasurySpring's One+ product and the non-negotiable rules, like never selling products the founders wouldn't buy themselves, that have guided the platform since day one.
Richard Draper explains how TreasurySpring has opened up the multi-trillion-dollar repo market, previously reserved for large banks, to a much wider range of cash investors through secured short-term cash products.
Kevin Cook traces his own confusion the first time he encountered the term 'repo' back in 2006, and uses it to explain why the repo market is such a fundamental, if poorly understood, building block of finance.
A look at the UK's e-money safeguarding rules, the risks customer funds can still face under the current regime, and how those gaps might be closed.
Henry Adams covers a calm year-end for markets overshadowed by rising Middle East tensions after missile strikes on US air bases in Iraq.
Henry Adams looks at valuations getting hit hard as pandemic-era stimulus and cheap money unwind, with consumer-facing names bearing the brunt.
Henry Adams looks at yield curves steepening globally, the pressure that's putting on government money market funds, and the fallout from the collapse of Greensill Capital.
Henry Adams covers extraordinary early COVID-19 measures worldwide, including a mooted 'helicopter money' scheme in Hong Kong, as safe-haven assets see historic inflows.
Reflecting on 2022, a team member points to the London Stock Exchange partnership as the standout moment and credits the caliber of new hires joining the business.
The team pays tribute to Queen Elizabeth II on her passing, before turning to a summer that kept markets busier than usual despite governments largely shutting down for the season.
Csongor Mathe covers the Bank of England holding rates at a record low, with Chief Economist Andy Haldane's dissenting vote hinting at hawkish views yet to come.
