Daily market commentary: The US dollar bounced back as the Federal Reserve announced an interest rate hike of 0.5% LeapRate

December 15, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar bounced back as the Federal Reserve announced an interest rate hike of 0.5%

The figures revealed that consumer prices rose less than expected for the second month in a row, strengthening the case for slower rate hikes, with the Fed now more likely to announce a 50 basis points increase later today, instead of previously assumed 75 bp. Against this background, there may be scope for further dollar…

Euroclear reports operating income increase of 7% in H1 2021

December 14, 2022 BY Steffy Bogdanova

Euroclear announces acquisition of Goji

David Genn, CEO, Goji commented: We are delighted to partner with Euroclear to deliver the platform infrastructure that the private markets industry needs. The ever-increasing demand from all investor groups to access private funds, points to the need for an end-to-end digital processing solution for these asset classes. The combination of Euroclear’s position in the…

December 14, 2022 BY Steffy Bogdanova

Spectrum Markets adds SocGen as a liquidity provider and a market maker offer new financial instruments in Spain and Scandinavia

Nicky Maan, Spectrum Markets CEO, explained: We’ve always said we want to list only those products that are most interesting for European retail investors, focusing on what they are actually going to use, and the new products from Societe Generale certainly fit that mould. Offering more investment options in terms of duration, as well as…

December 14, 2022 BY Steffy Bogdanova

Daily market commentary: The greenback sinks to the lowest level in six months

December 14, 2022 BY Steffy Bogdanova

Appital hires equity markets specialist Matthew Jefford

Mark Badyra, CEO, Appital, said: I am thrilled to welcome Matthew to the Appital team. His industry insights and equity markets expertise are invaluable as we implement our vision to bring technological innovation, efficiency and transparency to equity markets and unlock latent liquidity for investors. Jefford’s appointment comes as Appital recently announced VC funding and…

December 13, 2022 BY Steffy Bogdanova

FXOpen partners with TradingView to bring charting tools to its clients

Gary Thomson, Chief Operating Officer of FXOpen UK, commented: As a company we are very much focused on the added value we can offer our clients and are constantly striving for ways to enhance the positive experience our traders have with FXOpen. We are delighted to announce our partnership with TradingView and expand our suite…

December 13, 2022 BY Steffy Bogdanova

Daily market commentary: Investors are sitting on the fence ahead of the release of US inflation data

If today’s numbers are once again lower than predicted there will be scope for further dollar softness, as investors may start to price-in expectations of a more dovish Fed. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a trading…

Equinix expands footprint in India with a fourth data centre

December 13, 2022 BY Steffy Bogdanova

Equinix expands in South Africa with a $160 million investment in a data center

With the new investment, the company enters strategically important connectivity hub for digital networks. The South African market boasts a significant network of submarine communications cables, established at several points across the country's 2,850 kilometres of coastline. Eugene Bergen, President, EMEA, Equinix, said: We entered the African continent earlier this year with the acquisition of…

December 13, 2022 BY Steffy Bogdanova

Weekly data: British pound and action on Gold ahead of UK and US major news

On the technical analysis point of view the price is trading in a steady uptrend for the last month and it is currently at the $1.22800 area after finding resistance on the upper band of the Bollinger bands. With major economic news coming up and with the Stochastic indicator in the overbought level for almost…

Category: Forex