OIL Oil prices are reacting to yesterday’s cold shower. Monday’s decline could yet prove supportive, as it was mostly linked to some profit-taking after a long and probably too quick rally. It is therefore crucial for the price to hold above the low reached earlier this morning, which is now representing a valid support zone.…
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TMGM clients will also be invited to attend free monthly educational webinars covering a variety of hot topics and providing industry insights. The first webinar series will feature TMGM Sponsored Athlete and Tennis Star Alexander Zverez who is currently ranked #7 in the world. The date will be announced soon and the webinar will be…
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Tomorrow and early Wednesday are likely to be quite active for EURAUD between German trade data and consumer and business confidence in Australia. Apart from these, the general mood in markets might continue moving further toward ‘risk on’ if Chinese and American inflation are perceived as being strong. The ECB’s meeting and press conference on…
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Joanne Tayara, Director of ICM.com Dubai branch, said: It’s an honour to have been appointed Director at ICM’s Dubai office. With strong foundations for growth in the Middle East, I am confident that we can continue to build on this success and drive our strategic vision forward. Tayara has over 14 years of experience in…
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Renowned expert in FinTech, RegTech and regulatory matters in financial services, Remonda Kirketerp-Møller, has over a decade in in senior executive positions at Saxo Bank and CFH (now Finalto), which she co-founded. Remonda founded Danish RegTech company, Muinmos ApS in 2012, filling the market gab to use technology to automate highly complex legal and regulatory…
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Tomas Liljeborg, CEO of Macrobond, commented: The need for data and analytics to interpret global macroeconomic trends in order to make more informed decisions [and react to market events] has never been greater. As a result, we have seen increasing demand for our capabilities globally, with customers using our platform as a single source of…
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OIL Yesterday’s OPEC meeting did nothing to dent the good mood of investors for oil. On the contrary, the decision to maintain current production restrictions (including cuts in Saudi Arabia) has given further buying impetus to the current bullish rally. WTI has jumped to a new Covid-era record at $65 a barrel, as investors are…
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Sergei Bogatenkov commented: This does not capture the full scope of what we do anymore. We are more than a broker. We have been expanding our product offering and are adding new services. We are a global financial hub disrupting the FinTech world on a global scale. Our aim is to streamline personal finance for…
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Trading technology provider Aquarius Financial Technologies Ltd has announced a strategic partnership with CQG, a provider of technology solutions for traders, brokers, commercial hedgers, and exchanges. The collaboration between the two companies will support Aquarius’ plans to launch an institutional-grade global cryptocurrency exchange using CQG’s technology. The exchange is planned to launch in the third quarter…
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Lisa Pollina said: This is an exciting time to join IG Group, particularly in connection with the proposed acquisition of tastytrade. I am looking forward to being involved with such an innovative and entrepreneurial company, and to working with the Board and the management team to realise the further potential of the business. Throughout her…
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