With commodity prices falling and recession fears growing, some now believe that the Fed will not be able to go as far as previously expected, in terms of tightening, in a dynamic that is shifting expectations towards a slightly lower benchmark US rate than had previously been expected, creating scope for further dollar weakness. Ricardo…
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Bankman-Fried recently bought a 7.6% stake in Robinhood through his company Emergent Fidelity Technologies. Robinhood Markets is controlled by its co-founders, Chief Executive Officer Vlad Tenev and Chief Creative Officer Baiju Bhatt, who hold more than 50% of the voting power. Robinhood Markets’s commission-free model disrupted the retail stock trading industry. The brokerage gained a…
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On the chart, the picture is generally neutral aparts from moving averages. Volume is low so far this week and the slow stochastic is almost exactly neutral at just above 50. The 50 SMA is the main technical reference at the moment, with movement above there unlikely unless traders receive positive new information of some…
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Boris Ilyevsky, Head of Coinbase Derivatives Exchange, said: NinjaTrader's reputation within the retail futures sector is unparalleled, and Tradovate has collaborated with us from day one by sharing our values in creating best-in-class products for their customers. We couldn't be more excited to continue our partnership with them and innovate on new products together for…
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Tim Main, Global Co-Head of FIG Investment Banking commented: Arif is a highly respected FIG banker and a strong leader who understands the power of delivering the whole firm to clients. The strength and breadth of his expertise will bring considerable value to our clients across the region as we look to build on the…
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Also offering support to the American currency, is the growing likelihood of an economic recession, triggered by the withdrawal of stimulus; a scenario that increases demand for the relative safety of the dollar. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is…
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ASIC discovered that Arandez obtained $2.5 million from Australian investors based on false and misleading statements. He claimed the funds would be invested in property and cryptocurrency and used the fund in part for personal benefit and to pay returns to other investors. The regulator acted quickly in order to personal benefit and to pay…
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The Kremlin has repeatedly pushed back against the default saying there is no grounds for it. However, the country is unable to send money to bondholders because of the western sanctions. Meanwhile, Reuters reported that some Taiwanese holders of Russian bonds denominated in euros had not received interest payments. Euroclear has not confirmed if the…
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The new Corporate Actions tool allows brokers to upload changes in bulk and plan them ahead of time which reduces the time they spend in manual operations. The platform functionality uses a secure Manager API connection and it doesn’t require the installation of any plugins on MetaTrader servers. Moreover, Corporate Actions, while being part of…
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European Shares Markets opened in the green in Europe at the end of the week, extending gains registered in Asia overnight, with tech shares leading the way. Market sentiment improved yesterday after Fed Chairman, Jerome Powell, reaffirmed his “unconditional” will to tame down inflation. However, while some investors perceived these words as good news, others…
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