Daily market commentary: Risk appetite remains well in place, especially after German GDP data topped estimates LeapRate

August 14, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Swissquote, Plus500 and IG release trading volumes, FXCM Pro provides liquidity for DXtrade platform

International multi-asset broker HotForex has expanded its offering with the launch of exchange-traded funds (ETFs) and direct market access (DMA) stocks, exclusive to the company’s MT5 platform. Traders on HotForex can now benefit from CFDs on DMA Stocks and the direct market live pricing. Unlike CFDs on Stocks, which are not directly hedged in the underlying…

August 13, 2020 BY Valentina Kirilova

Daily Market News: Markets pause following relief rally on back of Biden-Harris ticket announcement

Utility names lead FTSE 100 higher Despite the official news that the UK entered the worst recession on record in Q2, London-listed stocks soared yesterday, with the FTSE 100 adding 2%. That gain took the index to a three week high. Utilities stocks were among the biggest winners of the day, with Severn Trent, Pennon…

August 12, 2020 BY Valentina Kirilova

Daily Market News: UK falls into recession for the first time since 2009

Vaccine hopes hit big tech stocks that have benefited from lockdown economy All three major US stock indices fell on yesterday in a rocky trading session that saw stocks sold off sharply in the final few hours before the close. One factor that may have driven the sell-off is positive news on a Covid-19 vaccine,…

August 11, 2020 BY Valentina Kirilova

Daily Market News: Markets bounce as oil makes gains on stimulus hopes

Cineworld leaps on US takeover speculation Both the FTSE 100 and FTSE 250 started the week on a positive note, adding 0.3% and 0.6% respectively. In corporate news, Unilever hit headlines, after setting the weekend of November 21 and 22 as the date for the unification of its structure under a single parent company, headquartered…

August 10, 2020 BY Steffy Bogdanova

Tech giant Twitter becomes a contender for buying TikTok

The Trump Administration issued two executive orders last week giving US companies 45 days’ notice to stop dealing with TikTok and WeChat, a Chinese messaging platform owned by Tencent. Trump alleges that the Chinese government has access to user data collected through the TikTok app. Trump said: It can’t be controlled, for security reasons, by…

August 10, 2020 BY Valentina Kirilova

Daily Market News: Twitter looks at crashing Microsoft’s TikTok party

What to watch Barrick Gold: While the price of gold has soared from $1,500 an ounce at the start of the year to more than $2,000 now, many gold miners have ridden that wave to even greater heights, as the higher price greatly expands the profit margins they are able to generate. Barrick Gold, a…

Vanguard redirects focus from Hong Kong to Shanghai

August 10, 2020 BY Steffy Bogdanova

The US sanctions Hong Kong officials for undermining city’s autonomy

Many foreign banks reportedly started to preemptively refuse accounts of senior Hong Kong officials as early as the end of July. Local politician Bernard Chan, part of the cabinet that Hong Kong’s chief executive Carrie Lam said US banked closed his accounts. Closing of accounts is the first step of banks’ compliance with the US…

August 10, 2020 BY Valentina Kirilova

Daily market commentary: European shares are trading higher today

EUROPEAN SHARES European shares are trading higher on Monday as hopes of a US stimulus package and strong macro data from China provided a fresh boost to bullish sentiment. Even if the recent battle between Republicans and Democrats over the new stimulus package scared some investors last week, the four new executive orders recently signed…

August 07, 2020 BY Valentina Kirilova

Daily Market News: Trump puts US companies dealing with Chinese apps on 45 days’ notice

What to watch US employment report: The US employment numbers during the coronavirus crisis have been essential reading for updates on the health of the economy. The latest employment report is different from jobless numbers reported yesterday in that it counts the number of people actively employed rather than those who are claiming social security…

August 07, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: CCI Traders launches MT5 with ECN, ITI Capital upgrades its FX trading platform

Global CFDs trading provider Trade360 announced its new online trading platform is now available for customers. The platform includes a host of new features and updated user interface. The new online trading platform features more then 100 technical indicators and charting instruments, as well as the ability to set a specific leverage for each position without the…

Category: Market News

Forex Weekly Look Back: Swissquote, Plus500 and IG release trading volumes, FXCM Pro provides liquidity for DXtrade platform

Daily Market News: Markets pause following relief rally on back of Biden-Harris ticket announcement

Daily Market News: UK falls into recession for the first time since 2009

Daily Market News: Markets bounce as oil makes gains on stimulus hopes

Tech giant Twitter becomes a contender for buying TikTok

Daily Market News: Twitter looks at crashing Microsoft’s TikTok party

The US sanctions Hong Kong officials for undermining city’s autonomy

Daily market commentary: European shares are trading higher today

Daily Market News: Trump puts US companies dealing with Chinese apps on 45 days’ notice

Forex Weekly Look Back: CCI Traders launches MT5 with ECN, ITI Capital upgrades its FX trading platform

SIX and swissSPTC Set Roadmap for T+1 Settlement Shift in Switzerland and Liechtenstein

SBI Holdings to Acquire Stake in Ridge-i Through Capital and Business Alliance

Euronext to Join France’s CAC 40 Index

Argo Blockchain Removes CFO and Updates on Voting Rights

Stripe to Launch Capital in Australia as Users Surpass One Million in ANZ