OIL The oil price is slowing down after the recent rally which lifted the July expiry well above $30. Investors seem much more confident that the demand will slowly recover and the filled-up tanks were most likely an exceptional event. These elements helped drive the price higher although it is now modestly declining as we…
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Paul Beatty, Director of FX Business Development at FlexTrade, said: I am truly excited to join a global leader within the trading technology space”, said Beatty. Beatty added, “I am proud to be part of a successful global company and I am looking forward to work with the global FX team and contribute to FlexTrade’s…
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Sector Symbol YTD Change1 Monthly Volume Change2 Esports & Gaming ESPORTS +12% +221% Big US Tech FAANG +10% +176% Biotech BIOTECH +8% +201% Chinese E-Commerce CHN.ECOMM +8% +45% Chinese Tech CHN.TECH -1% -52% eMini Dow Futures US30 -19% --- Past Performance is not an indicator of future results. 1 Year-to-date (YTD) figures calculated using FXCM’s closing bid price from…
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EUROPEAN SHARES Benchmarks in Europe are struggling to extend yesterday’s gains, which was sparked by optimism about a possible vaccine against Covid-19. However, yesterday’s euphoria is now nuanced by today’s uncertainty as investors brace themselves for the Fed Chairman Jerome Powell’s speech, which will provide them with more clues on the state of the recovery…
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Marco Menotti, Head Business Unit Banking Services, SIX said: With b.Link, SIX is creating the foundation for innovative products for participants and strengthening the Swiss financial center. We are guided by the needs of the market and our customers, and will continue to add new use cases. b.Link will initially support two applications: The “Account…
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André Lavold, CEO of Skilling Group, commented: The acquisition of the prestigious Seychelles licence is a very important milestone for our global expansion. Since our launch in Europe last year, we proudly witnessed a high demand for our product. We have worked continuously in the past 12 months to make our trading platform even faster…
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What to watch Walmart: Grocery giant Walmart’s 90% plus share price gain between the beginning of 2016 and end of 2019 was in part driven by the firm’s successful transition to an online world. The company reports its Q1 2020 earnings today, having outperformed the broader market by a significant margin in 2020. Year-to-date,…
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Dmitry Rannev, CEO of AMTS Solutions commented: We have been developing software for brokers for more than 15 years and we have accumulated a large number of integrations with liquidity providers. Placing these gateways in the MetaTrader 5 store of integrations is one of the largest company events for all these years. The MetaTrader 5…
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Key data points Bold indicates the most important release for this symbol. Tuesday 19 May, 20.30 GMT: API crude oil stock change: previous 7.6 million Wednesday 20 May, 14.30 GMT: EIA crude oil stock change: previous negative 750,000 Friday 22 May, 17.00 GMT: Baker Hughes Oil Rig Count: previous 258 Euro-pound, daily The upside seems…
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EUROPEAN SHARES Shares traded higher from Tokyo to London on Monday as investors start the week on an optimistic note as major economies reopen. All European benchmarks registered a bullish opening with mining and energy shares among today’s top movers with market sentiment fuelled by fresh hopes of a global recovery. However, even if the…
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