This bullish stock performance follows on the heels of a key study that found Wegovy, the Novo Nordisk weight loss drug, reduces cardiac risks and related mortalities in obese people. Those involved in the study took the highest dose of the drug and consequently experienced a drop in blood sugar and inflammation, two of the…
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The US Dollar Index, having closed the previous week on a positive note, remained stable just below 106.00, while major currency pairs experienced fluctuations within familiar ranges. The UK's Office for National Statistics is set to release the jobs report early on Tuesday, along with third-quarter Gross Domestic Product (GDP) growth data from the Euro…
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Experts typically look at the lending trends of China’s central bank to determine which sectors the government prioritises above others. A year-on-year comparison shows loans to the embattled Chinese property sector dropped by 0.2% while those to the manufacturing sector surged by 38.2%. Financial analysts warn that although this may look similar to the uptick…
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The Mini Account effectively lowers the barriers of entry for new traders with a minimum deposit requirement of just $10 and offers a comprehensive trading environment encompassing 50 of the most popular financial instruments across FX, indices, precious metals, energies & cryptocurrencies. Accommodating the needs of its diverse clientele, ThinkMarkets has optimised the Mini Account…
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Analysts have been employing a CME FedWatch tool and predict a 16% chance of another interest hike by January, and a 21% chance of rate cuts as early as March. The US dollar index, which recently experienced its sharpest weekly decline in four months, rose by 0.2% to reach 105.73, on track for a weekly…
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Bayer’s chief executive officer, Bill Anderson, said: We are looking closely at our structural options. We have an expert team – including external financial advisors – evaluating them. They’re reviewing market conditions, what structural changes would mean for our value creation, one-time costs and dis-synergies, cash flows and leverage ratios, tax leakage, and other criteria.…
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Experts note the mentioned platforms help customers to analyse and engage with different markets. It also boosts their ability to make changes when and where needed in the ever-changing trading landscape. On its website, Vida Markets indicates the new tools will help its customers trade across multiple assets on the world’s favourite MT4 and MT5…
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The broker, established in 2005 as a multi-regulated brand with over 10,000 tradable instruments available to clients, noted that the redesigned interface aims to improve user experience, thus providing investors with greater control when trading and watching forex pairs. Don’t miss out the latest news, subscribe to LeapRate’s newsletter The Client Portal's interface has undergone…
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Between 6 October and 7 November, the ministry had planned to purchase foreign currency to combat lower oil and gas earnings, worth approximately 398.7bn roubles; however, the ministry’s new decision seems that the postponement may continue throughout the early months of 2024. On Thursday, the rouble registered as 93:1 USD following sanctions made by the…
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Carlesi brings 15 years of experience to the table, having previously held senior positions at Deutsche Bank, Barclays, McKinsey & Co., and Bridgepoint Capital. Revolut indicated to CBNC Tech that the appointment has nothing to do with its application for a UK banking licence. This licence will enable Revolut to offer lending products, such as…
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