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…
Read more
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.…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
Tuesday saw the currency’s foremost one-day drop since April. This move followed the BOJ’s disappointing attempt to cap bond yields. Masato Kanda, the top currency official at the Ministry of Finance, emphasised: We’re on standby. But I can’t say what we’ll do, and when – we’ll make judgments overall, and we’re making judgments in a…
Read more
While Tickmill has always been at the forefront of safeguarding client assets, this latest initiative introduces an additional layer of protection, one that sets it apart from many brokers in the market. The insurance policy, brokered with the prestigious Lloyd's, is a testament to Tickmill's dedication to its clients' funds protection. Tickmill already has…
Read more
The dollar index, which measures the US currency against its major peers, was bolstered by the Euro's decline, marking a 0.33% uptick to 105.95, recovering from an earlier dip to 105.35, the lowest since September 222. On the other hand, the Euro's performance was not as robust, with a noted rise of only 0.47% to…
Read more
This allows VCFC to expand into the Saudi Arabian financial sphere and reach a potential six million individual investors. The company also indicated that it is seeking further regulatory approval to provide investment banking, asset management, and mutual funds. During a soft launch between 24 and 26 October at the Future Investment Initiative Forum in…
Read more