Weekly data: Oil and Gold price action before the NFP
May 10, 2022 BY Steffy Bogdanova

Daily market commentary: Gold prices hedged up, recovering some of the losses recorded during the previous session

European Shares European markets ticked higher on Tuesday, paring some of yesterday’s losses following technical rebounds over major support levels, while investors await new macro developments. Cross asset trading continues this week as traders keep adjusting their exposure between key negatively correlated markets such as Treasuries, Stocks and the US Dollar. Market sentiment remains generally…

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Scott Leader joins Eventus as Managing Director, APAC
May 10, 2022 BY Steffy Bogdanova

Eventus appoints Scott Leader as Managing Director, APAC

Scott Schroeder said: Scott has a great record of driving growth as well as building and managing successful sales teams at major capital markets organizations. Given the very different approach to financial market regulation throughout APAC, there is a compelling need for our services and expertise, and Scott will play a key role in fueling…

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BDSwiss adds 9 new CFDs to its crypto offering
May 09, 2022 BY Steffy Bogdanova

BDSwiss adds 9 new CFD crypto-pairs to its offering

With this latest addition, the total number of cryptocurrencies available to trade on BDSwiss MetaTrader, WebTrader and Mobile app platforms becomes 26 crypto-pairs. The company also noted that the crypto offering is only available under the brand’s BDS Markets and BDS LTD entities which operate outside the European Union. BDSwiss CEO Nicolas Shamtanis commented: In…

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Daily Market Commentary
May 09, 2022 BY Steffy Bogdanova

Daily market commentary: European shares lag with most benchmarks holding last week’s losses as sentiment remains risk-off

The Stoxx-50 index is now trading well below the 3,685.0pts support, now seen as a resistance, at 3,600.0pts. The bearish pressure is rising inside a directional move, and 3,520.0pts (78.6% Fibonacci) could be considered as the next support level for the market. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and…

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Swiss Stock Exchange
May 09, 2022 BY Steffy Bogdanova

Virtu ITG Europe joins SIX as a new trading participant

Gregor Braun, Head of Sales Switzerland & Europe at SIX Swiss Exchange, commented: We are delighted to welcome Virtu ITG Europe Limited, another renowned trading participant, to our ranks. The growth in trading participants shows that the high quality of the SIX Swiss Exchange order book is appreciated and in demand in the market. And…

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May 06, 2022 BY Steffy Bogdanova

BitMEX co-founders to pay $30 million fine

The crypto exchange offered services to US residents without approval from CFTC to operate as a Designated Contract Market (DCM) or a Swap Execution Facility (SEF). The company also operated as a Futures Commission Merchant (FCM) without registration. Moreover, it failed to implement customer information program (CIP) and know-your-customer (KYC ) procedures, as well as…

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Daily Market Commentary
May 06, 2022 BY Steffy Bogdanova

Daily market commentary: The US Dollar is back on the front foot

European Shares European markets extended yesterday’s losses on Friday, alongside US Futures, as risk aversion dominates everywhere at the end of the week. Markets are set to register their biggest weekly drop in two months, with today’s decline led by Health Care and Tech shares, as the bullish enthusiasm brought by higher rates from the…

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