AGP Executive Report
Last update: 9 hours agoBroker Upgrades: Peel Hunt lifted Computacenter to ‘buy’ and raised its FY26 adjusted pre-tax profit forecast by 8% to £350m, pushing shares up about 6% and boosting FY27E/FY28E EBIT forecasts on stronger customer spend and monetisation. Market Mood: Europe closed mostly lower as investors weighed sticky US inflation and Jackson Hole signals, with the Fed chair’s speech in focus; US stocks were mixed with Nvidia, Salesforce and Okta driving tech gains. Fed Watch: Kansas City Fed’s Jeff Schmid said inflation remains “stubborn and sticky,” warning policy may still need more work as central bankers debate how innovation in payments could disrupt liquidity and settlement. Payments & Banking Tech: Maldives banks and Customs signed a verification deal to curb counterfeit telegraphic transfers, while the US BankChain Alliance set a 2027 target for a bank-owned blockchain for tokenised deposits and stablecoins. Crypto & Tokenisation: Ethena Foundation overhauled ENA tokenomics with buyouts and buybacks, and Ripple Prime launched Delta One total return swaps for institutional clients across equities and digital assets. Regulation & Competition: ICBA warned the Clarity Act could let stablecoins mimic deposit-like yield, calling for the loophole to be closed.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
