The survey, conducted at the beginning of each year before the World Economic Forum's (WEF) annual meeting in the Swiss resort of Davos, collects data from over 60 chief global economists in both public and private sectors and aims to educate policymakers on worldwide economics. Many of the surveyed experts noted that the disruptive impact…
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Chow Tai’s managing director, Kent Wong, noted that consumers and investors alike are turning away from precious jewels and instead opting for gold consumption, a move that suggests little confidence in national and global financial stability. Although gold purchases are increasing as diamond and gemstone sales decrease, Wong’s statement suggested that consumer confidence would return…
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In a press release, Vantage disclosed its intentions to reinforce its market position among FX/CFD brokers through this website overhaul. The upgrade not only introduces new features but also rejuvenates the existing interface. Marc Despallieres, the Chief Strategy and Trading Officer at Vantage emphasised that this move aligns with their ethos of 'trade smarter @vantage'.…
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Clients of Saxo will now enjoy a substantial reduction in brokerage fees, with cuts of up to 87% for US market trades and up to 62% for trades on the ASX. This adjustment means that trading fees for US equities could go as low as USD 1, for UK equities as low as GBP 3,…
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Taking place on 16-18 January 2024 at the Dubai World Trade Centre, Za’abeel Hall 6, iFX EXPO 2024 is set to be the largest industry event in the Middle East, featuring over 100 speeches and over 3,500 attendees. The event is renowned for its engaging content, networking opportunities and valuable business tools aimed at assisting…
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Ashmore’s CEO Mark Coombs noted the uptick in investment performance in Q4 of 2023 as talk of cuts spread across markets. According to Yahoo Finance, Ashmore’s funds managed to offset negative flows of $1.6bn in Q4 and gained a positive investment of $3.9bn in the same period. Coombs noted: Emerging Markets delivered good returns and…
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According to Reuters, Chinese policymakers are relieved about the uptick in global trade as it could signal lower borrowing costs. Others, however, are quick to point out that the second-largest global economy still faces issues in its property market, overly careful consumers, and geopolitical hurdles that may hobble any gains. The year-on-year December comparison between…
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Dubbing its 2024 refresh “the New MultiBank Era”, the broker’s MultiBank-Plus Platform app’s most notable features include a swift account-opening process taking only three minutes, tools that help its users make better informed financial decisions, and an interface that works to a high quality on mobile devices. The app, currently available in Germany, the UK,…
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This acknowledgment comes amid a significant drop in Boeing's stock, with a decline of 8% on Monday and an additional 1.5% on Tuesday, raising concerns among investors about potential business repercussions. The incident forced an emergency landing shortly after takeoff from Portland, Oregon. In response, the Federal Aviation Administration (FAA) ordered the temporary grounding of…
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Reportedly, this breach ranks high, especially since financial markets are holding a collective breath in anticipation of this virtual currency ETF approval. Don’t miss out the latest news, subscribe to LeapRate’s newsletter The Bitcoin price jumped by more than 2.5% as the post in question zipped its way through the internet highways. Gary Gensler, the…
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