Category: Forex

few traders focus on the Canadian labour market report
April 02, 2020 BY Valentina Kirilova

Canadian Unemployment Rate could soar on coronavirus crisis

No critical data covering the recent coronavirus spread period has been published, except for the Canada Markit Manufacturing PMI that dropped to 46 from 51.8 prior, and lower than the 53.3 anticipated. The PMI is a leading economic indicator, and it suggests that the Canadian economy has slowed down sharply. We also know that the…

Read more
results on data report
April 02, 2020 BY Steffy Bogdanova

Refinitiv announces the results of its report on alternative data

Refinitv’s report on alternative data is based on thousands of alternative data sources, hundreds of case studies and millions in global spend. The report found that there is growing interest in alternative data sector. The alternative data market, however, is a fraction of the multibillion-dollar market for access to stock market and other financial data…

Read more
Daily Market analysis
April 02, 2020 BY Valentina Kirilova

Daily market commentary: China surprises oil markets with its decision to pile up crude oil stocks

EUROPEAN SHARES  Early declines on European stocks erased the advance registered during pre-market trading with uncertainty reigning everywhere this morning. Despite a new stimulus plan announced by Beijing overnight, investor sentiment continues to be dominated by the recent disappointing developments in the struggle to stem the spread of the coronavirus. The death toll continues to…

Read more
dxFeed and Options AI announce partnership
April 01, 2020 BY Steffy Bogdanova

dxFeed to supply market data to Options AI trading platform

The trading platform uses low latency market data from NYSE, NASDAQ, and OPRA Exchanges and is also powered by dxFeed with the proprietary calculated Greeks and Implied Volatilities. dxFeed’s model-free algorithm estimates the theoretical option prices and calculates its Greeks and IV. John Foley, CEO of Options AI commented: When launching a radically new trading…

Read more
Featured Ideas offers over 8,000 available instruments to trade
April 01, 2020 BY Valentina Kirilova

Admiral Markets adds featured trading ideas to its Premium Analytics portal

Featured Ideas can teach new traders about technical analysis, while empowering both novice and professional traders to make confident, timely trading decisions. All traders can now create watchlists to filter ideas to the instruments that they are interested in trading. Featured Ideas offers over 8,000 available instruments to trade, and countless trading opportunities every single…

Read more
April 01, 2020 BY Steffy Bogdanova

UK Banks give in to pressure amid coronacrisis and cut shareholders

The deputy governor of the BoE, Sam Woods contacted other bank executives to ask them to cut dividend payments and to confirm by Tuesday evening. Prudential Regulation Authority, part of BoE, stated: Although the decisions taken today will result in shareholders not receiving dividends, they are a sensible precautionary step given the unique role that…

Read more