Category: Forex

weekly markets analysis
May 11, 2020 BY Valentina Kirilova

Weekly data preview: markets await inflation and GDP data

Key data points Bold indicates the most important releases for this symbol. Tuesday 12 May, 1.30 GMT: Chinese annual inflation (April) - consensus 3.7%, previous 4.3% Tuesday 12 May, 12.30 GMT: American annual core inflation (April) - consensus 1.7%, previous 2.1% Tuesday 12 May, 12.30 GMT: American annual inflation (April) - consensus 0.4%, previous 1.5%…

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May 11, 2020 BY Steffy Bogdanova

CoinShares acquires and rebrands GABI Trading

CSCM has supported the Group’s products under the brand of XBT Provider and the firm’s actively managed family of funds, while also setting up proprietary trading strategies. CSCM clients trade alongside the firm and benefit from best-price execution. Jean-Marie Mognetti, CoinShares CEO and head of CoinShares Capital Markets commented: With their deep expertise in trading,…

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Gain Capital forex.com
May 11, 2020 BY Steffy Bogdanova

Gain Capital’s April trading volumes drop by over 50% MoM

The average daily volume OTC trading dropped by 51% MoM with $8.6 billion, compared to March when it was 17.7%. Futures contracts amounted to 567,189 in April, a 19.2% MoM drop compared to 701,820 last month. The retail FX brand of Gain Capital Holdings Inc, Forex.com's Japanese business reported that on 14 April 2020 its…

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CFTC offices
May 08, 2020 BY Steffy Bogdanova

Cayley Investment Management fined $150,000 for wash sales

The Commission also found that on 8 February 2018, Khorrami placed simultaneous buy and sell orders in six different CME futures contracts. After being unable to fill the orders, Khorrami repeatedly modified them until the bid and offer price matched, resulting in a series of pre-arranged cross trades in contracts for crude oil, British Pound,…

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Daily Market analysis
May 08, 2020 BY Valentina Kirilova

Daily market commentary: European equities edge higher

EUROPEAN SHARES European equities edged higher on Friday, extending the significant advance registered yesterday amid rising investor appetite for riskier assets. Market sentiment has been given a fresh boost by a reportedly “constructive” phone call between the US and China yesterday and investors were relieved to hear the two blocs were moving on with the…

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