Corpay Cross-Border Solutions

Financial markets are back in risk-on mode after US President Donald Trump appeared to suggest that he could avoid putting tariffs on Chinese imports, backing off a campaign pledge to hit the country with a 60-percent levy. More from Karl Schamotta: https://hubs.ly/Q033VJBG0

"Trump talk. More comments from US President Trump overnight, but market reaction was relatively muted. Equities rose, while oil & the USD eased." Read more from Peter Dragicevich: https://lnkd.in/grtVFrkz

Jack Henry Celebrates its Successful Collaboration with Corpay for International Wires "Providing the ability to enter and process wire transfers – both domestic and international – is non-negotiable in today's financial environment," said Jonathan Baltzell, President of Bank Solutions for Jack Henry. "What sets our service apart is its usability and high-quality user experience. Corpay is a large part of what makes that high level of service possible for our international wire customers." Read the Press Release here: https://lnkd.in/gyr6_9e6

Financial markets are enjoying a period of placidity amid a relative lack of new headline risks related to the incoming administration’s trade, immigration, and fiscal policy plans. More from Karl Schamotta: https://hubs.ly/Q033Jvwt0

Registration is now open! The Exchange conference, being held from April 22–25, 2025 in Orlando, you’ll attend in-depth sessions, interactive workshops, and have access to top-tier networking opportunities, and discussions on the latest payments innovative. We hope to see you there… connect with your Corpay Cross-Border Solutions representative for more details.

Last night the team hosted a group of clients at the Australian Open quarter finals. What a night of blockbuster rallies and passionate supporters for all the players. Melbourne really comes alive this time of year.

"Trump vol. Markets were swung around by tariff news on Pres. Trump's first day in office. But on net, equities rose while bond yields & the USD declined." Read more from Peter Dragicevich: https://lnkd.in/gqncua7d

Currency traders are suffering from whiplash after Donald Trump made volatility great again in his first day back in office. The dollar is on the offensive and currencies like the peso, Canadian dollar, and euro are down after the president said he plans to impose 25 percent tariffs on products from Canada and Mexico on February 1. More from Karl Schamotta: https://hubs.ly/Q033jGKg0

“Although more nuanced messaging from the White House could trigger a global relief rally in the short run, risk-reward ratios in other currencies will remain skewed to the downside, limiting any appetite for directional bets against the greenback,” Karl Schamotta, chief market strategist at Corpay Inc., said in note prior to it becoming clear that the new president would not opt for 25 per cent tariffs — the most extreme option he had floated — on day one of the administration. Schamotta warned, however, that “participants will remain unwilling to step in front of the dollar steamroller” and bet against it. “Trump’s history suggests that no ‘moment of clarity’ is coming, meaning that uncertainty levels — particularly on the trade front — could remain near historic highs for many months yet, weakening global consumer sentiment, delaying business investment and raising implied volatility expectations in currency markets,” he said. Financial Post: Canadian dollar gets 'temporary reprieve' as Trump holds off on tariff threat https://lnkd.in/gFF24zsK

Over the weekend our guests and team enjoyed the spectacular view and competition of the SailGP on Auckland Harbour. We hope for such great weather for the next leg off Sydney Harbour in a few weeks time!