What to watch Zoom Video Communication: The rise of Zoom has been dramatically accelerated by the coronavirus pandemic, which has propelled it into both the public consciousness and companies worldwide. The company’s share price gained 13% on Monday ahead of its latest set of quarterly earnings on Tuesday, as investors are widely expecting an impressive…
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EUROPEAN SHARES Most European stocks edged higher on Tuesday despite a mixed tone registered overnight by Asian benchmarks as investors still struggle to assess the potential impact of US civil unrest to markets. While recent reassuring macro data and optimism about the reopening of economies in both Europe and the US have sustained the bullish…
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ANZ Bank New Zealand CEO Antonia Watson commented: Shinsei Bank intends to preserve UDC’s operations, retain UDC employees and provide long term capital to maintain and grow customer lending in New Zealand. The sale will also mean UDC Finance will continue to operate as an independent finance company and enhance competition in the asset finance…
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The company’s Overall Volume in May reached USD$758 billion, up by 1.4% MoM compared to April. The trading volume was a bit disappointing with a 5.48% decline, compared to May last year when it registered $802 billion. And still almost half of the volumes registered in March 2020 when crossed the $1 trillion mark for…
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From a technical point of view, Brent seems to have overextended this morning. Both the slow stochastic and Bollinger Bands print overbought signals. On the other hand, Bands have contracted quite sharply since the middle of last week, so it’s possible that price is building for a breakout upward. Moving averages continue to print a…
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On 12 June 2020, all open positions on GLD accounts will be closed at the day’s closing prices. The funds on accounts in GLD will be converted in USD at the exchange rate of the company on the that day. The funds will be credited to the client’s transitory account. The investor funds on PAMM…
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What to watch Although Q1 corporate earnings season is drawing to a close, there are still some interesting names reporting this week which have been direct beneficiaries of the lockdown. Video conferencing firm Zoom and business communications platform Slack have made major gains in 2020 so far, with Slack up 55.9% and Zoom up by…
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Instrument Active Trader Average Spread Active Trader Effective Spread At Price Orders Positive Slippage Negative Slippage XAU/USD 11.8 14.2 54.0% 32.0% 14.0% SPX500 0.6 0.6 53.5% 29.6% 16.9% NAS100 2.2 1.0 39.1% 37.5% 23.3% EUR/USD 0.4 0.2 59.3% 32.3% 8.4% GBP/USD 1.2 0.8 44.3% 46.7% 9.0% AUD/USD 0.6 0.3 47.9% 44.4% 7.7% The retail broker…
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EUROPEAN SHARES European stock markets opened significantly higher, following the trend established overnight in Asia, as investors start the week on a renewed tone of optimism. Traders who took a bit of profit at the end of last week on grounds of growing uncertainty sparked by deteriorating US-Sino relationships were relieved to see President Trump…
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Li Zhou, Vice President of Wind commented: As the first financial information company in China to sign a comprehensive strategic cooperation with Deutsche Börse, Wind will cooperate on market data, news and information, research reports, ESG and investor education as well as other fields based on the advantageous resources of both sides. This cooperation will…
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