On the technical side the price on the fiber chart has found resistance on the upper band of the Bollinger bands and has since corrected to the downside. The 50 SMA has crossed above the 100 SMA indicating the bull movement is still strong while the Stochastic oscillator is not indicating any overbought or oversold…
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Meanwhile, Citigroup Inc., which also reported earnings on April 14, announced Q1 earnings of $1.86 per share, beating the broader market’s expectation of $1.66. Citigroup’s revenues also surprised to the upside, coming in at $21.44 billion for Q1 to analyst estimates of $17.91 billion. This represents a 12% improvement over last year’s figures. Both stocks…
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With a decade and a half of working in the finance industry, Salhab has held positions such as Fund Manager, Investment Advisor and Sales Trader. Over the past year, his focus has been on global market’s advisory, investment management, macro trends, forex and crypto market family offices, private markets, PE advisory and alternative investments. Abdulghani…
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Mohamad Ibrahim, Group Chief Executive Officer (CEO) at XS.com, commented: Despina’s extensive experience and expertise in PR and branding will be invaluable as we continue to build our brand, engage with our traders and partners, and accelerate our growth. Effective branding and PR will help us to continue to expand XS.com by attracting new investors,…
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The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in March, CySEC added seven more companies to its warning list.
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The bank’s adjusted net revenue stood at CHF 2.8 billion, registering a 40% decline compared to the first quarter in 2022. The adjusted pre-tax loss came in at CHF 1.3 billion for Q1, increasing by CHF 300 million compared to the previous quarter. The official announcement detailed that significant deposit and net asset outflows impacted…
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Douglas Cifu, Chief Executive Officer and Co-Founder of Virtu Financial, highlighted that Greifeld’s tenure at Virtue included a period of significant growth for the company, including their acquisition of KCG Holdings and ITG, Inc. Vincent J. Viola, Chairman Emeritus and Founder of Virtu, said: Having Bob as Chairman during this period of time at Virtu…
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Over the last year, the London-headquartered Group, continued to grow its team and expanded its global footprint in Dubai. Furthermore, GCEX launched XplorDigital trading solutions, introduced 24/7 FX trading, and continued the expansion of its product offering. Additionally, GCEX offers more than 40 crypto products to its institutional and professional clients, available as spot or…
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EUR/USD Technical View: The technical outlook for the EUR/USD is optimistic on the weekly chart, finding some comfort north of support at $1.0888. Technically speaking, the currency pair is in the early phase of an uptrend on the weekly after pencilling in a higher high at $1.1076 last week, which opens the gate for a…
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The financial services platforms offer high-risk investment instruments such as forex instruments and contracts for differences(CFDs). SolidXM, in particular, is suspected of being a scam, as there is no information available about the company behind the platform on its website. Pelliron claims to be registered in Saint Vincent and the Grenadines but provides a UK…
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