Brazilians head to polls in high-stakes, polarized election

The Reserve Bank of India (RBI) on Monday said inflows through its concessional forex swap window, operationalised on June 8, had topped $143.5 billion as of September 18 across FCNR(B) deposits, overseas foreign currency borrowings (OFCBs) and external commercial borrowings (ECBs), with FCNR(B) deposits accounting for the bulk of the inflows at nearly $133 billion….

The week of August 10–14 was relatively calm after the publication of US CPI for July. No panic or capitulation followed, as the number came in as expected or slightly cooler. Traders have observed a slow drift higher in equities. July CPI rose 0.1% month-on-month and 3.4% year-on-year, both in line with forecasts. Core CPI…

In this episode of the RIA Edge Podcast, host David Armstrong speaks with Matt Adams, chief executive officer and managing partner at Mission Wealth, about how the firm has grown into a national RIA managing $17.5 billion while continuing to prioritize client service and culture. Matt shares how Mission Wealth combines organic growth, referral programs,…

Key insight: For the Federal Reserve to shrink its balance sheet, it will need banks to hold fewer deposits at the central bank. Achieving that reduction starts with regulatory reform, analysts and academics say. Expert quote: “The way to get this accomplished is alongside a changing liquidity, regulatory and supervisory backdrop for the Fed.” —…

Kazakhstan is trying to turn its new first-category payment organisation licence into a regulated channel for crypto-linked regional settlement. Under a memorandum with the National Bank, Binance plans to create a local group company, apply for that licence and route part of its regional payments and money-transfer activity through Kazakhstan if approved. Binance Plans Local…