Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Wichard Cilliers, Senior Currency Dealer at TreasuryONE: We had the release of the US Federal Reserve’s minutes of their previous FOMC meeting yesterday. The Fed is debating whether they will need to raise interest rates to levels sufficient to slow down a fast-growing economy to prevent it…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Wichard Cilliers, Senior Currency Dealer at TreasuryONE: In Asain this morning, equities continued the rally which US markets started last night. The main Wall Street indexes rose by more than 2% with the Nikkei and Shanghai Composite both 1.6% and 0.7% higher respectively. The recent rise…

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The benefits of outsourcing treasury functions

The benefits of outsourcing treasury functions Today, there is a sustained trend for the increasing use of outsourcing throughout the global business community. Essentially, more and more companies are seeking to transfer the responsibility for non-core business functions to expert third parties. There are several reasons why this is occurring, ranging from enhanced risk management…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Wichard Cilliers, Senior Currency Dealer at TreasuryONE: The US government had posted a budget deficit for the 2018 fiscal year of $779bio, the highest deficit in six years. Clearly the cut in taxes has had a material effect on the budget and the better economic growth has…

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