The following article was submitted by Michael Stark, market analyst at Exness. Asian markets started the week on a fairly positive note as Chinese factories posted three-year record growth in November. Caixin manufacturing PMI came in at 51.8 in the early morning today, beating both the previous release and the consensus. Meanwhile data from Turkey was also…
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Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, has announced earlier today that it has enhanced its high-speed network performance. The company has teamed up with Hong Kong Exchanges and Clearing Limited’s (HKEX) and joined its ecosystem of network service providers to offer the market’s lowest latency route between…
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Morgan Stanley’s forex trading department has run afoul of its forex control procedures. Although the global bank has failed to publicly acknowledge the problem, inside sources have spread the work that four FX traders have been suspended until further notice, due to their concerted effort to conceal anywhere from $100 to $140 million in forex…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 2, 2019. This is not a trading advice. See details below: FOREX The Euro is gaining 0.10% to the Yen, as the markets opened this Monday in a clear risk-on mood. The Single currency has been something of a canary…
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Online gaming and financial trading giant Playtech PLC (LON:PTEC) has released a trading update last Friday, warning its full-year earnings will not meet analysts’ expectations. The company added that it may try to sell its underperforming spread-betting unit. According to Playtech’s latest update, the company is reviewing options for its Casual and Social Gaming business including a…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 29, 2019. The text below is an excerpt and does not contain the full analysis. US stock markets were closed on Thursday for the Thanksgiving holiday, and the session on Friday will end early, at 13:00…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 29, 2019. This is not a trading advice. See details below: EUROPEAN SHARES European shares are extending Thursday’s decline, alongside US Futures, in this last trading session of the month. We are seeing thinner volumes than usual on stocks as…
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When there are delays, there will always be speculation as to the consequences after a final decision is made. Such is the case with Brexit negotiations, which have gone on longer than anyone initially contemplated. There have been all manners of guesses as to what might happen to the Pound, to the labor market, and…
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The following post was written by Thomas Hall. In October, the Federal Reserve cut interest rates for the third time in 2019, with the intention of maintaining the US' longest period of economic growth ahead of the 2020 presidential election. For the incumbent President, those cuts still aren’t enough. Trump has regularly pressured the Fed into…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 28, 2019. The text below is an excerpt and does not contain the full analysis. In UK stocks, British American Tobacco’s trading update was one of the highlights on Wednesday. Despite cigarette sales volume falling in…
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