BCR Publishing
We are the leading provider of news, market intelligence, events and training for the global receivables finance industry.
Working with industry leading organisations, experts, governments and universities, BCR Publications delivers expertise in factoring, receivables and supply chain finance to a global audience.
BCR has long been a beacon of innovation and excellence in the realm of receivables finance, playing an instrumental role in shaping the industry’s international landscape. Through its comprehensive conferences, insightful publications, and thought leadership, BCR has facilitated crucial dialogues and connections among industry professionals, driving forward the development of receivables finance globally.
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Zelfstandig Treasury Adviseur Non-Profit gezocht (Dutch)
15-01-2021 | Treasurer Search | treasuryXL
Zonder uitputtend te willen zijn omvat het takenpakket van de treasury adviseur de volgende aspecten:
Profiel ideale Treasury Adviseur Non-Profit
Onze opdrachtgever
Arbeidsvoorwaarden & Proces
Onze opdrachtgever biedt een passend arbeidsvoorwaardenpakket. Onze opdrachtgever groeit graag verder maar doet geen concessies aan kwaliteit: de lat ligt hoog. Expertise, persoonlijkheid en netwerk van de kandidaat moeten goed zijn.
Contact person
Pieter de Kiewit
T: (0850) 866 798
M: (06) 1111 9783
E: [email protected]
APPLY HERE
COVID-19 vaccine rollout: how might it impact global currencies?
14-01-2021 | treasuryXL | XE |
As 2020 drew to a close, news broke of multiple vaccinations for the COVID-19 virus, and each nation began discussing its plan for distributing the vaccine.
At this time, we are still in the early stages of the vaccine rollout, and many nations around the world are still in the process of vaccinating their highest-priority individuals and preparing for the eventual larger-scale distribution.
As some start to dream about a return to life outside of lockdowns and social distancing, others are wondering what the news of the vaccinations—and their eventual distribution—could mean for major global currencies and economies.
Has anything recently impacted the US dollar?
Several recent happenings have led to an impact on the USD.
First, the dollar may see a very short term sentiment impacted by Donald Trump’s removal from office. President elect Joe Biden has stated that he will announce an economic plan on Thursday, 14 January, to navigate through the COVID-19 pandemic and an eventual reopening. While the specifics of this plan are not known at this time, we do know that this plan will be worth “trillions” of dollars and will entail massive infrastructure spend.
Recent minutes from the Fed have shown us that the US Central Bank quantitative easing (QE), and that interest rates will continue to be low for the foreseeable future.
Finally, U.S. treasury Yields recently rose to 10 month highs.
What does this mean for the dollar?
The above events resulted in an end to the recent weaker dollar. Instead, the dollar has been strengthening against its major trading counter parties.
How are other currencies being impacted by the vaccine roll out?
The sooner a nation can widely distribute immunizations, achieve herd immunity and therefore see its economy back and open for business, the better it will be for their economy and currency.
It is currently estimated that once 70-90% of the population has been vaccinated, the sooner lock down restrictions and the “handbrake” on the economy can be released. Because of this, markets are tracking the current vaccine numbers and the planned numbers in the weeks and months ahead as an indicator of which economies will bounce back and which currencies will strengthen first.
Currently, the US dollar and the British pound are poised to see positive change. As of January 8, 2021, the United States ranks 4th in the list of vaccination doses per country, with 2.02 doses administered per 100 people in the population. The United Kingdom ranks 6th, with 1.94 doses per 100 members of the population as of January 3, 2021.
On the other hand, as a result of Europe’s comparatively slow start to the vaccine roll-out, the Euro currently appears to be in a vulnerable position.
What can you do?
If the past year has demonstrated anything, it’s that one can never predict what may happen. The most important thing that you can do is ensure that you’re prepared for market volatility and market motion in all directions.
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About XE.com
XE can help safeguard your profit margins and improve cashflow through quantifying the FX risk you face and implementing unique strategies to mitigate it. XE Business Solutions provides a comprehensive range of currency services and products to help businesses access competitive rates with greater control.
Deciding when to make an international payment and at what rate can be critical. XE Business Solutions work with businesses to protect bottom-line from exchange rate fluctuations, while the currency experts and risk management specialists act as eyes and ears in the market to protect your profits from the world’s volatile currency markets.
Your company money is safe with XE, their NASDAQ listed parent company, Euronet Worldwide Inc., has a multi billion-dollar market capitalization, and an investment grade credit rating. With offices in the UK, Canada, Europe, APAC and North America they have a truly global coverage.
Are you curious to know more about XE?
Maurits Houthoff, senior business development manager at XE.com, is always in for a cup of coffee, mail or call to provide you detailed information.
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The future of trading: The rise of data analytics in trading
11-01-2021 | treasuryXL | Refinitiv |
Redefining data: What is your strategy?
With more information available than ever, traders must find the right data, make sense of it, and ultimately take action.
With more information available than ever, traders must find the right data, make sense of it, and ultimately take action. Unstructured information, the explosion of alternative data, and the need for trusted sources makes an already daunting task even more complex.
In our second report with Greenwich Associates on the trading desk of the future we explore the data that will keep markets moving over the next 3-5 years. With an overwhelming 85% of those surveyed planning to increase spending on data management, the value of financial data is clearly increasing.
Alternative data tops the list of most important data types, but is only useful if traders trust the source. When it comes to issues of scale and trust, 41% of those surveyed will rely on large financial markets data aggregators. Finally, analytics to interpret existing, new and unstructured data are becoming as critical as finding the data itself.
The bottom line? Everyone needs a data strategy.
Download & Acces full report