News Centre

Economy Statement By Eric Van Nostrand, Performing Duties Of US Assistant Secretary For Economic Policy For The Treasury Borrowing Advisory Committee

Date 29/07/2024

INTRODUCTION

Throughout the second quarter of 2024, U.S. economic data continued to show robust growth in output and labor markets, even as inflation slowed further. Headline GDP growth accelerated to 2.8 percent over the past three months, supported by strong underlying demand from household consumption and business investment.  Although the pace of job growth moderated somewhat relative to previous years, it remains historically healthy, and the unemployment rate remains low.  Moreover, more Americans continue to enter the labor force, and the share of workers aged 25 to 54 rose to its highest level of the labor force in over two decades—contributing to the supply-side expansion that has strengthened U.S. growth since the pandemic.

US Treasury Announces Marketable Borrowing Estimates

Date 29/07/2024

The U.S. Department of the Treasury today announced its current estimates of privately-held net marketable borrowing[1] for the July – September 2024 and October – December 2024 quarters. 

SIFMA, Financial Services Institute Comment On Stay In DOL Fiduciary Case

Date 29/07/2024

The Financial Services Institute (FSI) and Securities Industry and Financial Markets Association (SIFMA) released the following statement today regarding a decision in the Northern District of Texas granting a stay in a federal lawsuit challenging the Department of Labor’s fiduciary rule:

Exchange Sets Scheduled Date For Roll-Out Of GPW's New Trading System WATS

Date 29/07/2024

The Management Board of the Warsaw Stock Exchange has set the scheduled date for the production roll-out of GPW’s new trading system WATS at 10 November 2025. The decision is based on the recommendation of the GPW WATS Implementation Committee which is overseeing the preparations.

SOCIMIs Wellder Senior Assets, Mistral Iberia II And Lauthon Invest Join BME Scaleup On 31st July

Date 29/07/2024

• This brings to 15 the number of companies that have started trading on this BME market so far this year

UK Financial Conduct Authority: Financial Regulator Seeks To Reduce Burdens On Firms And Support Growth

Date 29/07/2024

The rules governing financial services could be streamlined to reduce burdens on businesses, following a review launched by the FCA.

Dubai Financial Market Announces 74% Rise In Net Profit (Pre-Tax), For The First Half Of 2024 To AED 195.4 Million

Date 29/07/2024

• DFM’s total consolidated revenue rose by 40% to AED 305.7 million in the first half of 2024
• In the first six months of 2024, DFM attracted 72,583 new investors, 85% of which were foreign investors, expanding the current investor base to more than 1.1 million
• Foreign investors contributed 50% of DFM’s trading activity during this period

Bermuda Stock Exchange Will Be Closed For Bermuda “Cup Match” Public Holidays

Date 29/07/2024

The Bermuda Stock Exchange (“BSX”) advises that the BSX will be closed on Thursday, 1st and Friday, 2nd August 2024, for the Emancipation Day and Mary Prince Day (collectively known as “Cup Match”) public holidays in Bermuda. The BSX will reopen on Monday, 5th August 2024.

CIE Automotive Registers Its Commercial Paper Programme On MARF

Date 29/07/2024

• It involves the repatriation of the company's Commercial Paper Programme, which until now was listed on the Dublin Stock Exchange
• In the first six months of the year, the MARF registered issues of promissory notes worth 8,020 million euros, 11.1% more than in the same period of the previous year

Misitano & Stracuzzi Lists On Euronext Growth Milan

Date 29/07/2024

• 12th listing of 2024 on Euronext Growth Milan

• 30th listing on Euronext in 2024 

• The company raised €19.5 million