GOLD Gold is consolidating after Friday afternoon’s sharp rally with investors waiting for new market movers. Although this could be a crucial week for Brexit, this doesn’t seem to be an important issue for bullion with news from central banks and US politics much more likely to trigger movements. We are in a wait and…
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What to watch US election polls: There is little in the way of significant company announcements or earnings news being delivered today. While markets appear to have been heavily guided this week by the ups and downs of attempts to bring another stimulus package to bear in the US, Marketwatch reported that there is a…
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GOLD As the dollar weakens, gold prices are rallying above $1,900 and nearing the first resistance area of $1,920. Hopes for further fiscal stimulus and expectations for other central bank interventions – maybe not in the immediate future, but in 2021 – are keeping an historical high attention on gold. From a technical point of…
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Arun Kumar, Executive Director of SmartFX, commented: In SmartFX, we like to simplify everything for our beloved clients. Need an optimal trading platform? Here you go: use MetaTrader 5. Asha Rathore, Managing Director of SmartFX, said: With the growth of SmartFX's corporate clients, we are confident that the multi-functional MetaTrader 5 trading platform will serve…
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Global commodities specialist Marex Spectron announced the appointment of Phillip Price as head of ferrous metals trading. At his new position, Price will report to Simon van Den Born, President of the Group. Price joined the firm in September 2020 and has been instrumental in the development of the global steel derivatives market over the past…
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Guru Capital partners Luca Merolla and Ryan Nettles will serve as non-executive directors to the ETX Capital Board of Directors. Online broker ETX Capital was founded in 1965. Guru Capital plans to leverage the ETX Capital brand, its technology and its team to expand the business in the UK. The team is also determined to…
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The Group’s Board expects that after the strong performance of H1 2021, the net operating income will be towards the upper end of the current range of consensus, while operating costs (excluding variable remuneration) are anticipated to be moderately above consensus. Peter Cruddas, Chief Executive Officer, commented: I am delighted with our record first half…
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What to watch Dominos Pizza: One beneficiary of the pandemic has been Domino’s Pizza, which has added almost 50% to its share price in 2020 as consumers have favoured delivery services over restaurants and bars. The firm has outpaced rival Papa John’s, which is up 30% year-to-date. A key point to watch in Domino’s Thursday…
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David Vincent, CEO, smartTrade commented: Drawing on his business leadership experience, Ludovic will provide fresh insights to our product priorities as we help our clients and the wider industry to further modernise capital markets technology. In this new era, staying ahead of the market structure and technology evolution is more important than ever to help…
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GOLD Gold is slightly up in the early trading, while volatility remains low. The spot price was unable to surpass the first key level of $1,895, continuing a slow dance just above $1,890. It seems investors are in a wait and see mode as they are still hoping for new stimulus from central banks to…
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