Category: Forex

daily market analysis
July 02, 2020 BY Valentina Kirilova

Daily market commentary: Expectations for a quick economic recovery curb gold’s rally

EUROPEAN SHARES  European shares traded significantly higher on Thursday, continuing the bullish trend from Asian stocks and extending yesterday’s gains amid a renewed appetite for risk. Yesterday’s news about Pfizer and BioNTech’s successful vaccine trial turned market sentiment upside down as it came while investors were preparing to redirect their exposure from risk assets to…

Read more
FXSpotStream forex volumes
July 02, 2020 BY Valentina Kirilova

FXSpotStream reports 20% MoM ADV increase in June

FXSpotStream’s 2020 ADV (Jan-June) is USD 43.425 billion, up 18.66% when compared to the same period during 2019 of USD36.595 billion June’s ADV of USD43.287 billion was 22.25% greater than CBOE HotSpot’s ADV of USD34.621 billion – exceeding CBOE/HotSpot’s ADV every month since November 2018, with the exception of 1 month Note that the ADV figures for…

Read more
BGC Partners updates its second quarter outlook with lower expectations
July 02, 2020 BY Steffy Bogdanova

BGC Partners updates its second quarter outlook with lower expectations

The company’s non-GAAP financial measures differ from the most directly comparable measures calculated in accordance with Generally Accepted Accounting Principles in the US  (GAAP). Non-GAAP financial measures used by the BGC Partners include "Adjusted Earnings before noncontrolling interests and taxes", which is used interchangeably with "pre-tax Adjusted Earnings"; "Post-tax Adjusted Earnings to fully diluted shareholders",…

Read more
FMA warning
July 01, 2020 BY Steffy Bogdanova

Business Choice Partners appears on FMA warning list

The New Zealand watchdog found that Business Choice Partners Group Limited claims to be recognized by the ‘national financial regulatory commission of Australia and New Zealand’, while in fact, there are no such regulatory bodies. The company's websites claim to be operated by BCP Group Limited. BCP Group Limited, however, is not associated with the websites. FMA…

Read more
Cboe Global Markets
July 01, 2020 BY Steffy Bogdanova

Cboe finalises EuroCCP acquisition, plans launch of Cboe Europe Derivatives for next year

Cécile Nagel, Chief Executive Officer of EuroCCP, said: We believe this transaction positions EuroCCP for continued success. In addition to building out our derivatives clearing services, we see many opportunities to collaborate with Cboe to expand our product offering across asset classes. With our shared values and focus on innovation and client service, together with…

Read more
forex and crypto market analysis
July 01, 2020 BY Valentina Kirilova

Daily Market News: Stocks close record quarter, S&P 500 up 20%

What to watch General Mills: General Mills is the firm behind brands including Cheerios, Haagen-Dazs and Betty Crocker. The company’s share price is up 15.1% year-to-date, thanks to expectations of elevated demand for household staples driven by the pandemic. The $37bn market cap firm reports its latest set of quarterly earnings today. On the company’s…

Read more
BDSwiss secures FSA Seychelles license and expands its global presence
July 01, 2020 BY Steffy Bogdanova

BDSwiss secures FSA Seychelles license and expands its global presence

BDSwiss Group has been committed to its strategy for expansion and growth. Its decision to secure FSA license comes from a desire to ensure broader regulatory supervision in new markets. The company aims to provide transparent trading environment and security to clients across different markets including South-East Asia, South Africa, Middle East and Latin America.…

Read more