The tension between the United States and China has started to slowly decrease. And such tension ebb is affecting the global stock market in a very positive way, as noted by the Financial Times. On Monday, December 16, global stocks saw new record highs. The primary reason was that China and the US de-escalated the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 17, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound is down by 0.8% against the dollar with investors reacting to reports that Boris Johnson is planning a law to prevent an extension of the post-Brexit…
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CySEC regulated brokerage company XSpot Markets (EU) Ltd., has just announced that it has teamed up with innovative brokerage technology company TraderEvolution Global. The firm will deliver its multi-market trading software suite to enable access to a true multi-asset offering. XSpot Markets will be using a multi-market trading software tailored for brokers and banks and…
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The Japanese cryptocurrency exchange Coincheck has decided to drop its leveraged trading services. The information comes straight from a blog post of the company. The leveraged crypto trading feature is expected to end on March 13, 2020 (Friday) at 12:00. By this time, all positions should be settled. After March 13, all customers will have…
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Saxo Bank has just announced that it has teamed up with Geely Sweden Holdings AB, a subsidiary of Zhejiang Geely Holding Group Co. Ltd, to establish a technological joint venture (JV). The two companies will now provide financial and regulatory technology solutions to financial institutions such as banks and fintechs in China. The ownership structure…
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Forex trading platform developer MetaQuotes has announced yesterday that it has partnered with the KYC/AML provider Sumsub (Sum&Substance). The trading platform integration with the Sumsub KYC service will enable the validation of client personal data and documents with one click. The new functionality now provides further automation of client onboarding procedures for MetaTrader 5 brokers and the…
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The Sydney Stock Exchange (SSX), Australia’s alternative tier-one listing venue, has today announced its new CEO, Michael Go. The exchange has also accepted its first listing applications from Australian cleantech energy company AGEO Resources and Australian medical technology company ANNSCA Medical. Michael Go joins the SSX from an international career in finance. He said the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 16, 2019. Sports Direct has reported this morning that its profits have more than doubled as its resurgence continues. The group, which is rebranding as Frasers Group following the takeover of House of Fraser, said reported…
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Globalization is often spoken of as a major sea change over the past four decades or more. Technology and telecommunications advances have made the world a more connected commercial marketplace, more so than ever before in the history of mankind. The process has redistributed wealth across the planet, cut global poverty in half, and made…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 16, 2019. This is not a trading advice. See details below: FOREX The euro started the week on the front foot, reaching 1.1150 against the US dollar, after good news on the trade front. US trade representative Robert Lighthizer stated…
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