Gold has generally been steady through time as it cannot deteriorate and it does not lose its value due to age. Because of this, it has been seen as way to preserve investor wealth over time. Furthermore, unlike fiat currencies, Gold’s value cannot be controlled by a central bank, and it isn’t affected by printed…
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Yorick Naeff, CEO of BUX, commented: We were looking to find the right Country Manager who believes in our vision, understands hypergrowth and knows the Spanish market inside-out. Vidal combines all these attributes and I’m confident that with his extensive background, we will maintain our current growth momentum. Álvaro Vidal said: I was immediately drawn…
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Gold Gold prices continue to recover from the multi-month lows touched earlier in May. The non-yielding precious metal is benefiting from the drop in treasury yields together with some dollar weakness - with which it has an inverted price correlation. The stabilization of treasury yields and the dollar, which have retreated from peaks reached in…
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More clues about those market drivers, especially regarding the economic outlook, may be provided this week as traders await major data such as global PMIs, US new home sales, GDP and jobless claims alongside another batch of speeches from FED, ECB and BoE speakers. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the…
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The company’s registered users went over 1.3 million in the UK. Freetrade’s revenue for 2021 increased more than six times £15.1 million, AUA surpassed £1 billion and trading volumes for the year were above £3.7 billion. The announcement specified that the company raised the funds through a convertible loan note. The company highlighted that the…
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Playtech stated: Discussions between the Company and TTB are ongoing and progress continues to be made. There continues to be no certainty that an offer will be made, or the terms on which any offer may be made. Playtech’s CEO, Mor Weizer, and former Director, Thomas Hall have expressed interest in participating in the TTB…
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European Shares Markets surged higher everywhere from Asian shares to US Futures contracts on Friday, mostly led by Utilities and the Energy sector, as investors welcomed reassuring major monetary news from Beijing. The “Risk-on” trading mood has registered a solid rebound during the last couple of hours as traders cheered the significantly dovish monetary decision…
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The gains in the April trading update follows a strong first quarter for the Group. LeapRate reported last month the financial results of NAGA, reporting a 63% jump in revenue in Q1. The company also noted that its NAGAX NFT platform and its blockchain NXNFT are now live. Bilski said: This year, we are experiencing…
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European Shares Share markets slid lower on Thursday, extending the drop registered on US stocks at the end of the trading session yesterday, as fear trading dominates. Despite the recent optimism, investor focus is now back on inflation and its impact on consumer and household spending, company performances and, more generally, growth. In addition, the…
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The CTO also assumed the chairmanship of the Board's Technology Committee. Her election was done during the German company’s virtual Annual General Meeting (AGM) 2022, which was held on Wednesday. According to the official announcement, Johnston has been working in the financial technology industry for over 18 years. At the AGM, the Chairman of the…
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