Kurt vom Scheidt, OANDA's Chief Operating Officer, stated: “Our program aims to empower adept traders by providing them with seamless access to global financial markets and a diverse array of asset classes.” He emphasised the company’s commitment to enabling traders to thrive in the financial markets. Prospective traders at OANDA must complete an assessment test,…
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Tamas Szabo, CEO of Pepperstone, commented on the partnership, highlighting the alignment in ambition and dedication to success between the two entities. He drew parallels between strategic thinking in trading and sports, emphasising the ability to thrive amid challenging situations. The AFC Asian Cup is a leading football tournament in Asia, organised by the AFC,…
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Following market instability, the Hang Seng China Enterprises Index (HSCEI) plummeted 2.4%, a stone’s throw away from its lowest level in 20 years. The CSI 300 index also fell 1.6% at market opening. Across the water, however, Wall Street’s S&P 500 index hit a 2-year record high to close last week’s market. Don’t miss out…
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The surge in revenue also led to a rise in the sales cost, which escalated to £123,677 from the previous year's £38,290. Consequently, the gross profit soared to £668,114, registering a 212% increase. The London-based company also witnessed a substantial hike in administrative expenses, which jumped 187% to £520,304 from £181,496. Upon accounting for other…
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As a consequence of rising interest rates, higher asset return requirements have also become a drag on the global economy. In 2024, we are in for an election year of heightened geopolitical tensions in the US and worldwide. In addition, the likelihood of the Fed guiding the US economy to a safe landing with interest…
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Firstly, they secured the Most Trusted Broker MEA 2024 and the Best IB/Affiliate Programme MEA 2024. The awards were held from 16 to 18 January 2024 at the Dubai World Trade Centre, and the event attracted over 3,500 attendees, with Exness acting as the Official Global Partner. Three of Exness’s senior executives delivered talks, including…
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Despite the positive survey from over 60 global chief economists, investors and industry experts are reconsidering when the cuts will come largely because the major global economies have failed to get inflation consistently under its 2% target. Last week, markets predicted a 75% chance of US rate cuts in March of this year. This week,…
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In going public, this social media platform will join listed competitors such as Meta Platforms Inc (META), Pinterest Inc (PINS), Spotify Technology SA (SPOT), and Snap Inc (SNAP). Reddit has reportedly considered launching its IPO for the past three years. Should this listing be realised, it would be the first since 2019, when Pinterest stepped…
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These developments follow hot on the heels of research predicting that the growth in the electric vehicle (EV) industry will fall to roughly 27% in 2024. At the start of this year, Canalys, a global technology market analyst firm, stated that a reduction in government subsidies would spill over to consumer interest in EVs. In…
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Without this feature, the models are due to go on sale on Thursday morning at 14:00 GMT. The technology giant announced on Wednesday after the US Court of Appeals for the Federal Circuit ruled in favour of medical technology company Masimo. According to a Reuters report, the US International Trade Commission (ITC) backed Masimo’s claim…
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