Markets are flailing for a storyline in a world that no longer fits into one.
Mastercard and Corpay have today announced a partnership that sees Mastercard take a minority stake and invest in Corpay’s cross-border payments business while bolstering the capabilities of the Mastercard Move platform.
Streamline procurement in Microsoft Dynamics 365 with Corpay’s integrated requisition and PunchOut tools—cut cycle times, control spend, and connect approvals, budgets, and purchases in one seamless workflow.
“Mark Carney has achieved something remarkable — one of the biggest turnarounds in modern political history — but without a majority, he could struggle to put Canada’s economy on a more stable footing,” said Karl Schamotta
"Foreign exchange markets look remarkably unworried," Karl Schamotta, chief market strategist at Corpay said in a note, pointing to the recent decline in USD-CAD risk reversals, or the cost of insuring against a big downside move in the Canadian dollar.”
“The risk of a minority government — which might force the victor to seek an alliance with the nominally separatist Bloc Québécois and generally complicate the business of government
Corpay Cross Border chief market strategist Karl Schamotta joined BNN Bloomberg this morning to discuss the trade war, the economy, and monetary policy expectations.
See how corpay brings AP, card programs, lodging, fleet and cross-borders together
