Category: Forex

daily market analysis
June 09, 2021 BY Steffy Bogdanova

Daily market commentary: The stillness of the greenback comes as many are looking towards the US CPI for May

EUROPEAN SHARES  Stocks fluctuated with lower volumes than usual in Europe on Wednesday, following a mixed trading session in Asia where losses in Japan were offset by gains from Chinese shares. While investors search for new bullish catalysts to drive stock prices higher, there are still no significant bearish market drivers to trigger a sell-off…

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European Securities and Markets Authority Regulation
June 09, 2021 BY Steffy Bogdanova

Dutch regulator plans to restrict turbos backed by ESMA

AFM first flagged concerns towards the end of last year surrounding fears that retail investors are not thoroughly protected against the aforementioned derivative products. It additionally cited an official survey from regulators which found that around 68% of turbo investors in retail end up losing their money, the survey finding an average loss of around…

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Credit Financier Invest New Website
June 09, 2021 BY Steffy Bogdanova

CFI Financial launches new website

Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: The importance of a website goes beyond making an aesthetically appealing series of pages and delves into the needs and expectations of traders. This is a preemptive effort by the team to future proof the CFI name and experience while ensuring…

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Broadridge Financial Solutions
June 08, 2021 BY Steffy Bogdanova

Broadridge partners with AWS to release Blockchain-based Private Market Hub

Saman Michael Far, VP, Financial Services Technology, Amazon Web Services, added: We are excited to support Broadridge’s Private Market Hub, which accelerates the digitization of a critical part of the financial services infrastructure. Private Market Hub’s use of Amazon Managed Blockchain, a fully managed blockchain service, allows us to help Broadridge scale efficiently and more…

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daily market analysis
June 08, 2021 BY Steffy Bogdanova

Daily market commentary: Inflation remains in focus this week

EUROPEAN SHARES  Stocks opened modestly higher in Europe on Tuesday, with gains in utilities offset by losses from automakers. No significant price action has been spotted so far and investors face much less volatile and directional markets this week due to the lack of market drivers. Most benchmarks are still flirting with historical highs and…

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June 08, 2021 BY Steffy Bogdanova

Bob Elfring re-enters M&A market as JPMorgan vice chair

Before his six year stint at Bank of America, Elfring held a position at Credit Suisse, taking responsibility for the investment banking coverage spanning both Benelux and Northern Europe. More recently, Elfring took up the role of adviser to CVC Capital Partners, a private equity firm. Having begun his career at ABN AMRO in the…

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FXCM Pro announces partnership with Fortex
June 07, 2021 BY Steffy Bogdanova

FXCM announces partnership with Fortex

Daniel Chen, CEO and Co-founder at Fortex, commented: Fortex specializes in helping enterprise clients innovate and re-orient their trading business to fuel continuous growth.  From exchange products to FX/CFD to crypto derivatives, we discover deep values for our clients by leading changes and overcoming pain points, armed with superior computing power and data insights. Our…

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June 07, 2021 BY Steffy Bogdanova

Weekly forex data: key inflation and trade releases

Balance of trade from both countries plus of course American core inflation are the key releases to watch this week. The BoC’s meeting on Wednesday afternoon GMT is unlikely to generate a clear movement on this chart but volatility during the subsequent press conference could increase as traders try to read behind the lines of…

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