The Central Bank of Argentina (BCRA) is analyzing lifting the crypto ban on banks and allowing them to provide account holders with digital asset-related services, according to Argentinian newspaper, La Nacion. The new rules for banks could be ready as soon as April 2026, La Nacion reported, quoting sources close to the BCRA. The central bank issued a law prohibiting banks from carrying out or facilitating operations for their clients with cryptocurrencies, however, following Javier Milei becoming presid ...

Core Insights - Small-cap stocks have rebounded in 2025 due to Fed rate cuts, with benchmarks like Russell 2000 increasing by 13% and S&P 600 by 5.3% year to date [1][10] - Lower borrowing costs from reduced interest rates support small businesses, which typically operate on thin profit margins [2][10] - Small-cap companies have growth potential and are less exposed to international market fluctuations, although they may exhibit higher volatility compared to larger firms [3] Company Summaries - **Allot Ltd. (ALLT)**: A provider of network intelligence and security solutions, with expected revenue and earnings growth rates of 13.3% and 15.9% respectively for next year. The Zacks Consensus Estimate for earnings has improved by 4.2% over the last 30 days [7][8] - **Seanergy Maritime Holdings Corp. (SHIP)**: A pure-play Capesize ship-owner with an expected revenue growth rate of 8.2% and earnings growth rate of 39.1% for next year. The Zacks Consensus Estimate for earnings has increased by 30.9% over the last 30 days [11] - **Isabella Bank Corp. (ISBA)**: A community bank offering personal and commercial lending, with expected revenue and earnings growth rates of 9.4% and 16.3% respectively for next year. The Zacks Consensus Estimate for earnings has improved by 15.4% over the last 60 days [12][13] - **Owlet Inc. (OWLT)**: Provides a digital parenting platform with expected revenue and earnings growth rates of 22% and 79.7% respectively for next year. The Zacks Consensus Estimate for earnings has increased by 27.3% over the last 30 days [14][15] - **Intellicheck Inc. (IDN)**: Develops wireless technology and identity systems, with expected revenue and earnings growth rates of 10.3% and 66.7% respectively for next year. The Zacks Consensus Estimate for earnings has improved by 66.7% over the last 30 days [16][18]

The UK Government has published its official response following a review into small business access to finance, conducted by the Department for Business and Trade between March and May 2025. The government initially launched the consultation in March. This consultation gathered input from a broad spectrum of organisations and individuals involved in business and finance, aiming to evaluate the adequacy of current policies and identify areas for improvement. The call for evidence centred on four main are ...

Market Overview - Major U.S. index futures indicate a slightly higher open on Monday, with stocks expected to build on modest gains from Friday [1] - Optimism regarding interest rates is contributing to initial strength on Wall Street ahead of the Federal Reserve's monetary policy meeting [1] Federal Reserve Expectations - The Fed is widely anticipated to lower interest rates by another quarter point, with traders focusing on the accompanying statement for future rate cut indications [2] - CME Group's FedWatch Tool shows an 89.2% chance of a quarter-point rate cut on Wednesday, but a 70.3% chance of rates remaining unchanged in January [2] Stock Performance - After a mixed trading session on Thursday, stocks showed modest strength on Friday, with the Nasdaq and S&P 500 reaching their best closing levels in a month [3] - For the week, the Nasdaq rose by 0.9%, the Dow by 0.5%, and the S&P 500 by 0.3% [4] Inflation Data - The PCE price index increased by 0.3% in September, matching August's growth and economist estimates [4] - The annual growth rate of the PCE price index rose to 2.8% in September from 2.7% in August, aligning with expectations [5] - The core PCE price index, excluding food and energy, rose by 0.2% in September, consistent with previous months and estimates [5] Sector Performance - Computer hardware stocks saw a 1.7% increase, while airline stocks gained 1.5% [7] - Networking, semiconductor, and software stocks also exhibited notable strength, while steel stocks declined significantly [7] Commodity and Currency Markets - Crude oil futures decreased by $0.53 to $59.55 per barrel, while gold futures fell by $11.30 to $4,231.70 per ounce [8] - The U.S. dollar traded at 155.60 yen and $1.1647 against the euro [8] Asian Market Performance - Asian stocks showed mixed results, with China's Shanghai Composite Index climbing 0.5% after positive trade data [10] - Hong Kong's Hang Seng Index fell 1.2% amid escalating tensions between China and Japan [11] European Market Performance - European stocks are mixed ahead of interest rate decisions from multiple central banks [16] - German industrial production unexpectedly accelerated by 1.8% in October, contrasting with expectations of a slowdown [16][17]

Core Viewpoint - Adani Enterprises Ltd has submitted a resolution plan exceeding ₹15,000 crore for the bankrupt Jaiprakash Associates Ltd, seeking approval under the Insolvency and Bankruptcy Code, with hearings expected to resume in January 2026 [1][2]. Group 1: Resolution Plan Details - The resolution plan received approximately 93% approval from financial creditors during an electronic voting process, with the National Asset Reconstruction Co Limited holding 85.43% of the voting power, which was sufficient for approval [2][3]. - The total admitted claims against Jaiprakash Associates amount to ₹5.44 lakh crore, with the plan proposing a realizable value of ₹15,343 crore, indicating a recovery rate of about 2.8% for creditors [4]. Group 2: Asset Acquisition - If approved, Adani will gain access to significant assets, including 3,985 acres of land in Noida and Greater Noida, 6.5 million tonnes of cement capacity, a 24% stake in Jaiprakash Power Ventures Ltd, and a hospitality business with 867 rooms across five hotels [5]. Group 3: Competitive Bidding Process - The bidding process for Jaiprakash Associates included five contenders, with Adani's offer winning due to a higher upfront payment compared to Vedanta's bid of around ₹17,000 crore [6]. Group 4: Background of Jaiprakash Associates - Jaiprakash Associates, once a flagship of the Jaypee Group, entered insolvency in June 2024 after defaulting on over ₹55,000 crore in dues to banks, leading to a significant transfer of debt to the National Asset Reconstruction Co Limited [7].

Market Overview - The Federal Reserve meeting is approaching, with expectations for a 25 basis-point rate cut on Wednesday, which has positively influenced equity markets, particularly the S&P 500, which has risen 5% since late November [1][4] - The dollar has experienced further declines, indicating market pain despite the positive equity performance [1][4] International Trade - China's exports exceeded forecasts in November, driven by increased shipments to non-U.S. markets as manufacturers adapt to high tariffs imposed by the U.S. [3] - China's imports of major commodities showed mixed results in November, with crude oil and iron ore demand increasing, while copper and coal imports declined [3] Aviation Industry - IndiGo, India's largest airline, faced significant operational disruptions due to a wave of flight cancellations, highlighting the risks associated with a duopoly in the rapidly growing aviation market [3] Defense Spending - U.S. lawmakers have proposed a record $901 billion in national security spending for the next year, which is significantly higher than the request made by President Trump, and includes $400 million in military assistance to Ukraine [3] Energy Sector - The G7's plan to restrict tankers from transporting Russian oil escalates the economic confrontation with Moscow, with the effectiveness of this measure dependent on the enforcement of sanctions [3]

Core Viewpoint - The S&P 500 is close to its all-time high, with traders awaiting the Federal Reserve's interest rate decision, expected to be a cut of 0.25% at the upcoming FOMC meeting [1][2][3] Market Sentiment - Asian markets showed positive movement, while European markets remained flat; the VIX index has decreased by 10.33% over the past five sessions, indicating reduced volatility [2] - The market is expected to react significantly to Chair Powell's statements post-FOMC meeting, particularly regarding the labor market and inflation concerns [3][4] Federal Reserve Insights - The anticipated interest rate cut would mark the sixth reduction since September 2024, with a current expectation of rates dropping to 3.5% [2][4] - There is an expectation of dissent among Fed officials during the meeting, which could indicate differing views on monetary policy [4] Consumer Confidence - Declining consumer confidence is influencing the Fed's decision-making, with consumers expressing concerns over economic conditions and labor market health [4] - Recent reports suggest that U.S. consumers are showing signs of reduced resilience, with expectations for a weak Q4 based on income and spending data [5] Market Snapshot - S&P 500 futures were flat, closing the last session up by 0.19%; other global indices showed mixed results, with Japan's Nikkei 225 up by 0.18% and China's CSI 300 up by 0.81% [5][6]

LATEST: 🏦 French banking group BPCE will offer Bitcoin, Ethereum, Solana and USDC trading to 2 million retail customers through its banking apps, with plans to expand the service to 12 million customers by 2026. https://t.co/Om50e810pA ...

中经记者 樊红敏 北京报道 近日，FOFWEEKLY（母基金周刊）在其官方平台发布《LP全景报告（精华版）2025》（以下简 称"《报告》"）。《报告》从LP职能与定位的转变入手，寻找市场的几大重要变化，并以此为切入点 对政策型LP、金融机构LP、产业型LP、财务型LP、公共型LP五种类型的机构LP的出资现状和特点进 行详尽的梳理，以便更好地反映一级市场的资金供给情况。 "2025年前三季度，出资最活跃的金融机构为保险，累计出资规模超过1000亿元，其次是资产管理公司 和银行，三者的大额投资多为与地方政府合作，投向地区重点产业布局与未来产业、存量资产盘活、重 大产业投资项目等领域，投资偏好相对谨慎、投资周期相对较长的金融机构与地方政府的合作开始找到 新的契合点。"《报告》提到。 （编辑：李晖 审核：何莎莎 校对：颜京宁） 根据《报告》，FOFWEEKLY又将金融机构LP拆分为保险、券商、银行（AIC）、信托和AMC（不良 资产管理公司）五小类。2025年，保险机构无论是从出资频次来看，还是从出资规模来看，在上述五大 金融机构中均排在首位。 ...

India's ultra long-datedgovernment bonds gained on Monday after the central bank'ssurprise decision to buy the 25-year paper as part of itsupcoming debt purchase, the longest-tenor paper it has everincluded.The Reserve Bank of India will buy bonds worth up to ₹50,000 crores ) on Thursday, including a notematuring in 2050. It will buy a similar amount on December 18,with traders anticipating that ultra long-term bonds will bepart of that purchase as well.Why it’s importantIndia's ultra-long tenor bonds have ...