Daily market commentary: All of the Eurozone stock indices trading in the green, as bullish sentiment continues LeapRate

January 24, 2023 BY Steffy Bogdanova

Daily market commentary: All of the Eurozone stock indices trading in the green, as bullish sentiment continues

European Shares All of the Eurozone stock indices were trading in the green on Tuesday, extending gains from the day before, as bullish sentiment continues. Despite most Asian markets still closed for the day, bull traders continue to hold their gains in both Europe and the US, with a particular increased appetite towards tech shares.…

January 24, 2023 BY Steffy Bogdanova

Spectrum Markets sees 77% jump in Q4 turnover to €842 million

According to the official announcement shared with LeapRate, the Q4 2022 turnover hit €842 million, jumping 77% compared to the same period previous year. The report further noted that out-of-hours trading remained active, accounting for 37% of all trades on the exchange. 85% of the traded derivatives was on indices. The most traded underlyings for…

January 24, 2023 BY Steffy Bogdanova

Weekly data: Oil and Gold price action on declining greenback

If there is a continuation to the upside the first point of resistance would be expected around the $84 area which is made up of the 61.8% of the Fibonacci retracement level and also the upper band of the Bollinger bands. Gold-dollar, daily The US Dollar Index (DXY) is in free fall hitting a 7…

January 23, 2023 BY Steffy Bogdanova

Finalto names Klelia Orphanidou B2B Head of Regulatory Compliance

Having worked at Finalto Group for almost nine years, Orphanidou recently moved to London to take on her new position. Her career started in law, before she switched to litigation for the Financial Services industry. Matthew Maloney, Group CEO of Finalto, said: We are delighted to welcome Klelia Orphanidou to her new role as B2B…

January 23, 2023 BY Steffy Bogdanova

SquaredFinancial Group appoints Nour Hammoury as its Chief Market Analyst

Philippe Ghanem, Founder of SquaredFinancial, highlighted that Hammoury’s appointment is part of the company commitment to offer traders and investors informed trading to help them make the right investment decision. He commented: Nour has the knowledge and background to lead our team of analysts, but most of all, he has the passion. I'm sure that…

January 23, 2023 BY Steffy Bogdanova

Daily market commentary: The US dollar is almost flat in relation to other major currencies

European Shares Stock markets started the new week trading sideways in Europe, with lower volume than usual as traders brace for what is expected to be a quiet trading session. Without any directional movement so far on equities, the best performances are being registered by the tech sector. Investors are facing lower market liquidity due…

January 23, 2023 BY Steffy Bogdanova

Equinix appoints Thomas Olinger to its board of directors

Olinger has served as Chief Financial Officer at Prologis for the past 15 years. During his time there, he drove significant scale and scope. He oversaw the roll-up of forecasted real estate operating results and metrics globally and served as chair of the company's Global Operating Committee. Before serving as CFO, he was Prologis' Chief…

January 20, 2023 BY Steffy Bogdanova

NAGA Group in merger talks with “multi-country” broker

The company stated: Naga will maintain its current listing status following the consummation of any such transaction. Earlier in October last year, NAGA Group secured a Seychelles license and gained an Estonian crypto license earlier that year. The neo broker also ventured into the crypto industry with its crypto exchange launched in the beginning of…

January 20, 2023 BY Steffy Bogdanova

Daily market commentary: Brent oil prices are trading almost flat

With investors choosing to consider the optimistic scenario, of an increase in oil demand in the world’s two largest economies, there may be scope for further increases in the price of the barrel. Ricardo Evangelista – Senior Analyst, ActivTrades The optimistic bullish trading stance has taken a break this week in Europe, read more... Disclaimer:…

January 20, 2023 BY Steffy Bogdanova

Dukascopy announces two new indices for MT4 traders

The brokerage also stated that it has recently expanded its portfolio with 28 Stock CFDs from Mexico, the Volatiltity Index (VOL.IDX/USD) and the South Africa Index (SOA.IDX/ZAR) for JForex users. Dukascopy rolled out an update to its JForex3 in February last year, launching the new version - its JForex4 trading platform. The company stated: Dukascopy…

Category: Forex