Weidmann waves the hawkish white flag, Digital euro will bring innovation opportunities, and more

Weidmann waves the hawkish white flag, Digital euro will bring innovation opportunities, and more

Jens Weidmann

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

18-22 October 2021, Vol.12 Ed.42

Most-Read Commentary

Weidmann waves the hawkish white flag: Germany’s difficult coalition-building process has gained fresh complexity following the announcement of Jens Weidmann’s resignation. The departure of the Bundesbank president, coinciding with the departure from office of...

https://allaboutshipping.co.uk/2021/10/23/weidmann-waves-the-hawkish-white-flag-digital-euro-will-bring-innovation-opportunities-and-more/

Triumph’s Graft: The concept is proved; on to producing revenue at TriumphPay

With another quarter under Triumph Bancorp’s belt, CEO Aaron Graft gave the world an update on the company’s plans to dominate the processing of factored payments.

The metrics poured out during a call with analysts. While a year ago, the focus of its analyst call might have been how Triumph Business Capital, its factoring arm, was performing, now the attention is overwhelmingly on TriumphPay, its rapidly expanding operation to process factored brokerage freight. Triumph Bancorp (NASDAQ: TBK) boug...

https://www.freightwaves.com/news/triumphs-graft-the-concept-is-proved-on-to-producing-revenue-at-triumphpay

GLOBAL & REGIONAL DAILY (Friday October 22 2021)

GLOBAL & REGIONAL DAILY (Friday October 22 2021)

GLOBAL & REGIONAL DAILY                                

HIGHLIGHTS

October 22  2021

Global Markets

Inflation expectations continued to mount keeping DM sovereign bonds under pressure, despite the fact that commodity prices moved broadly lower, yet still close to multi-year highs. Focus today is on the flash October PMIs from around the globe.

Greece

According to the Bank of Greece, the current account deficit for the period Jan-Aug 2021 stood at...

https://allaboutshipping.co.uk/2021/10/22/global-regional-daily-friday-october-22-2021/

USX’s Q3 was weak, but analysts appear open to CEO’s long-term view

Analyst reaction to the third-quarter earnings of U.S. Xpress calls to mind a term that CEO Eric Fuller uses often: inflection point.

After quarterly earnings that by traditional measurements could only be seen as disappointing, particularly when several other truckload companies are posting knockout financials, Fuller spoke mostly about the future. And the Wall Street analysts who a year ago seemed mostly indifferent to U.S. Xpress’ (NYSE: USX) digital transformation, with the Variant...

https://www.freightwaves.com/news/usxs-q3-was-weak-but-analysts-appear-open-to-ceos-long-term-view

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