![MeDirect, Malta’s first digital bank and Epic, Malta’s leading communications services provider, announce a new partnership.](https://www.medirect.com.mt/wp-content/uploads/article-header-4-768x328.jpg)
MeDirect and Epic announce new partnership
MeDirect, Malta’s first digital bank and Epic, Malta’s leading communications services provider, announce a new partnership.
MeDirect, Malta’s first digital bank and Epic, Malta’s leading communications services provider, announce a new partnership.
MeDirect is accepting applications from anyone interested in applying for the July 2024 issues of Malta Government Stocks.
Managing your investment portfolio effectively during the summer months can be a balancing act between staying informed and enjoying your well-deserved holiday.
Despite a tech-driven pullback this month as investors shift focus to smaller companies amid hopes for cooling inflation and Fed rate cuts, BlackRock remain optimistic about tech leading future returns and view pullbacks as opportunities to invest, maintaining an overweight position on the AI theme and U.S. stocks.
This week’s key data includes the US Q2 GDP print, a wave of corporate earnings, and Fed developments amid a blackout period, alongside significant global economic updates, including the IMF’s growth forecasts, China’s focus on technology, and unexpectedly high UK services sector inflation.
Investment opportunities are emerging amid a unique macroeconomic backdrop, with U.S. equities leading gains, particularly driven by AI-related companies, and expectations of continued volatility. The focus is on overweight positions in U.S., UK, and Japan stocks, while favoring quality short-term fixed income and private credit investments.
This week’s key events include China’s Third Plenum, the ECB rate decision, US bank earnings, and several significant economic data releases from the US, Eurozone, and UK.. Last week, Fed Chair Powell highlighted progress on inflation but emphasised caution in rate cuts, while China’s economic recovery showed signs of weakness with lower-than-expected inflation and GDP growth.
MeDirect’s townhall for employees delivered an insight into plans to leverage Artificial Intelligence to make the organisation unique.
Developed market central banks, like the Fed and Bank of England, are anticipated to keep interest rates higher for longer due to persistent inflation, following the lead of some emerging market central banks that have paused their rate cuts. Despite recent cuts and high rates, emerging markets face limitations on further rate reductions, influenced by factors such as government policies and global economic conditions.
This week, the economic spotlight shifts to pivotal events including testimonies from US Treasury Secretary Yellen and Fed Chair Powell, as well as critical data releases from China and the US. Amidst ongoing market volatility, investors are keenly watching for policy signals from central bank leaders and assessing the impact of recent geopolitical and economic developments.
The sooner you start managing your money, your way, using the best-in-class tools, the sooner you’ll see results. Sign up and open your account for free, within minutes.
We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.
For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.