What to watch Chewy: Online pet food and product retailer Chewy’s share price is up by more than 150% in 2020, as consumers stuck at home have turned to online solutions. Pet sales and adoptions have also surged this year during US lockdown restrictions. The firm will deliver its third-quarter earnings on Tuesday, where investors…
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The SquaredFinancial swap-free accounts are available on the SquaredPro, as well as SquaredElite accounts when using the SF MT4 platform. They offer up to 1:500 leverage with client support available to all traders 24/5. FilippoDe Rosa, Global Head of Sales, commented: Volatility in markets means we have to apply a handling charge for exotic currency…
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GOLD Gold broke through the resistance level at $1,850 as the weakening US Dollar, some bits of risk off on stock markets and a final attempt of the Trump team to renew its campaign against China pulled up financial demand for bullion. Moreover, the drop in price of the last few weeks has lifted up…
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M4Markets is a regulated multi-asset broker offering forex, commodities, and indices for online trading to a global client-base. The broker is built by industry experts with more than 30 years of experience. M4Markets focuses on offering a trading experience to traders through technology, low spreads, and lightning fast execution. Deepak Jassal, Executive Director at M4Markets…
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AUD retested the 38.2% area of the weekly Fibonacci fan last week without success, but the technical picture nonetheless remains positive. With price holding above the 50 SMA from Bands since late last month and no signs of overbought as of now from either Bollinger Bands (50, 0, 2) or the slow stochastic (15, 5,…
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Balbir Bakhshi commented: I am delighted to be joining LSEG. I look forward to working with David and the wider team with a clear focus on risk management and operational resiliency across its global businesses. Bakhshi will assume his new role at LSEG on 25 January 2021. He will be succeeding Diane Côté who has…
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Benny Luk, Group CEO of Greater China, commented: We are delighted with the establishment of GFIGS to offer OTC brokerage services in China. Iron Ore futures trading volumes in China are more than 20 times larger than the offshore market. With Guizhou Big Data Capital's extensive network and coverage of China's financial markets and GFI's…
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What to watch Coupa Software: California-based tech firm Coupa Software offers business spending management services, which provide companies with visibility into and control over their operations. The firm’s share price has soared in 2020, more than doubling. Coupa’s cloud-based products fit well into the current mass work-from-home environment. Companies facing economic difficulties who want to…
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Dholani is responsible for business development globally, as THETA moves from beta towards launching its trading system for the buy-side, Apollo, in the first quarter of 2021. The platform will provide multi-channel liquidity aggregation and trading, initially for Fixed Income, by integrating with clients’ existing P/OMS systems via FIX and REST APIs. FX and Equities…
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GOLD After last week’s rebound, gold is taking a break and the price is consolidating and trading between $1,830 and 1,840 per ounce, a fractional decline from last week. The next few trading sessions will tell us how strong the resistance area of $1,850 is, which is the first clear barrier for further recoveries for…
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