The outcome of the French Election is now down to a head to head. The latest prices in IG’s trading market on the election give the implied probability for the two candidates chances of victory as follows: Macron – 89% Le Pen – 11% We would remind LeapRate readers that although these “polls” are based…
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Oil prices recovered ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains, Reuters reported earlier today. U.S. West Texas Intermediate (WTI) crude oil futures CLc1 added 26 cents, or 0.5%,…
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The following is based on research from Peter Rosenstreich, Head of Market Strategy at Swissquote Group Holding SA (SWX:SQN). If the current French Presidential exit polls are correct, then they are showing a very market-friendly result. The failure of Marine Le Pen or Jean-Luc Melenchon to surge on voting day should be viewed as a vote for…
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Management changes continued to dominate Forex Industry News this week, with all the key changes reported first or exclusively at LeapRate. In more detailed coverage, we unveiled what seems to be behind the bankruptcy of retail forex broker GCMFX - and it certainly wasn't what the company is claiming. Politics also made its way into…
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UK markets saw a rather divergent performance yesterday with the FTSE100 slipping back and in the process dropping into negative territory for the year, while the FTSE250 rebounded strongly after its losses on Tuesday. The following post is courtesy of CMC Markets. While the recent rally in the pound may well be a factor in the…
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UK online financial trading firm IG Group Holdings plc (LON:IGG) has launched trading for its clients around the expected results of the just-announced UK election set for June 8. IG's general election seats market allows traders to buy and sell the total amount of seats each party could win. Based on current prices the predicted amount of…
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This article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. Social trading is an innovative form of market exposure in…
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Theresa May’s move has clearly inspired Pound bulls.
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It was a holiday shortened week of Forex Industry News, but not too short for a number of important issues and topics you read about only at LeapRate: Which Forex company is the latest recipient of a CySEC CIF license? Which leading broker had its best ever volumes month? Which European central bank took a large…
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This article was written by Jameel Ahmad, VP of Corporate Development and Market Research at FXTM. Unless one candidate can garner more than 50% of the vote in the first round of elections, French voters will go to the polls twice to elect their new leader. The two candidates that score the most votes will go head…
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