News

On May 31, ClearBank Europe announced the launch of its digital asset track, a new feature that enables programmable liquidity and allows for 24/7 fiat payments in euros via SEPA Instant for cross-border settlements. This service is available to regulated entities, including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and banks. Companies regulated by the Dutch Financial Authority (MiCA) with non-retail purposes can also transfer funds through the digital asset channel.

On May 31, according to The Information, Meta is establishing a new enterprise solutions division aimed at deploying engineers and product managers to enterprise client teams. This move is part of Meta's efforts to demonstrate to investors the rationale behind its substantial investments in artificial intelligence infrastructure.

Golden Ten Data, May 31 — According to the median forecast in a Bloomberg survey of economists, the US unemployment rate in May is expected to remain unchanged at 4.3%, while non-farm payrolls are set to increase by 89,000. This growth would push the three-month average job growth to its highest level in over a year and spark discussions in the market over whether the pace of hiring will continue to accelerate. Forecasters expect the healthcare sector to maintain its strong momentum, while cyclical sectors such as construction, leisure, and hospitality are also projected to rebound, potentially benefiting from warmer weather over the past month. Additionally, with consumers stockpiling goods to guard against potential price increases driven by the Iran war, manufacturing employment may also receive a boost.