Category: Forex

forex and crypto market analysis
September 11, 2020 BY Valentina Kirilova

Daily Market News: Stocks wobble as US stimulus is voted down

Morrison earnings disappoint while Games Workshop soars London-listed shares were close to flat yesterday, although they ended the day in the red. Sterling suffered another poor day, falling more than 1% against both the dollar and euro after the European Central Bank decided to hold fast on its current interest rate position. Morrison Supermarkets brought…

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Forex Weekly Look Back
September 11, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: TradeMax rebrands to TMGM, Forex Analytix and Forest Park FX launch portal TraderSummit.net

Online FX and CFD trading and cryptocurrencies provider FXCM announced the launch of the SMS Trading Alerts service to help users spot potential trading opportunities. The SMS Trading Alerts cover shares, forex, gold and many other tradable instruments at FXCM. Users can choose the instruments that they want to receive signals for and they will receive…

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daily market analysis
September 11, 2020 BY Valentina Kirilova

Daily market commentary: Europe becomes a virus hotspot again

EUROPEAN SHARES  European benchmarks were little changed for the last trading session of the week as uncertainty continues. Although the ECB held its rates and provided investors with extended purchase programs (APP and PEPP) yesterday, no significant immediate impact has been recorded on stock prices as the move was already largely priced in. Christine Lagarde’s…

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September 11, 2020 BY Steffy Bogdanova

USG moves its headquarters to London

In early September the group sent an email to its clients stating: With fifteen years of experience, outstanding technology and steady management, Union Standard International Group has been supported and trusted by millions of traders across more than 130 countries. The email continued: Until now, we’ve almost completed the restructuring process and reached 97% of…

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CFD Trading provider TradeMax rebrands to TMGM
September 10, 2020 BY Steffy Bogdanova

CFD Trading provider TradeMax rebrands to TMGM

In recent years TMGM has experienced major growth in the CFD trading space and solidified its commitment to investors. The expansion has also spread to the company’s team with the addition few new global members to service customers in more languages. TMGM’s new CMO, Angelo D’Alessio, is based in Sydney and is focused on implementing…

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forex and crypto market analysis
September 10, 2020 BY Valentina Kirilova

Daily Market News: Relief for tech stocks after multi-day sell-off as virus cases spike globally

AstraZeneca holds firms after positive news on Covid-19 vaccine trial hiccup After reporting late on Tuesday that it had paused its Covid-19 vaccine trial due to participant illness, AstraZeneca’s London listed shares closed the day in the green. Per CNBC, the company’s CEO Pascal Soriot told investors on a private conference call on Monday morning…

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daily market analysis
September 10, 2020 BY Valentina Kirilova

Daily market commentary: Traders brace for today’s ECB meeting

EUROPEAN SHARES  Stock markets opened mixed but steady this morning as traders now brace for today’s ECB meeting after a volatile trading week so far. The recent mounting bearish drivers on stocks (drying stimulus, US-Sino tensions, Brexit talks and valuation issues in the tech sector) have made the mid-term outlook much harder to predict for…

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MetaTrader 5 now offers access to US Cash Equities through DriveWealth
September 10, 2020 BY Steffy Bogdanova

Brokers using MetaTrader 5 can now access US Cash Equities through DriveWealth

DriveWealth’s Qualified Intermediary partner, MarketsDirect, can attract non-US brokers and provide a MetaTrader 5 supported server to server multi-asset trading platform, connecting to DriveWealth for full and fractional share trading in US equities. The dealer offers FX and futures markets and within the MarketsDirect environment, it can also leverage across asset classes. Robert Cortright, CEO…

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