Swiss banks struggle to control money laundering risks LeapRate

December 04, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Equiti expands payment offerings with BridgerPay, CFI Financial Group adds cTrader

Russia’s largest bank, Sberbank, is planning a launch of a new blockchain trading platform and a native token Sberbcoin. Russian business news outlet RBC reported on Monday that Sberbank plans to release its digital currency Sberbcoin in 2021 around the same time as the Russian Central Bank prepares the launch of the digital ruble. Sberbank has…

December 03, 2020 BY Steffy Bogdanova

Daily Market News: Oil gains on OPEC+ cut talks

What to watch Dollar General: Discount retailer Dollar General has added almost 40% to its share price in 2020, taking its market cap past the $50bn mark. Along with other discount retailers, Dollar General’s gains this year have been driven by consumers stocking up on staples, and turning to cheaper options in the face of…

December 02, 2020 BY Steffy Bogdanova

Daily Market News: UK approves Pfizer vaccine, US closes at record highs

What to watch Snowflake: Cloud-based data storage and analytics firm Snowflake went public in September at an IPO price of $120 a share, and has now surged past the $300 mark. That puts the company’s value at more than $80bn. Snowflake delivers its first-ever quarterly earnings update as a public company after the market close…

December 02, 2020 BY Steffy Bogdanova

Daily market commentary: The Dollar Index reached a 2 and a half year low

GOLD The bullion price has rebounded in the last few hours on the back of a combination of market drivers. Firstly, the weakening of the US Dollar is lifting up the price as investors are betting on further declines for the greenback, which is proving a supportive element for gold and other assets priced in…

December 01, 2020 BY Steffy Bogdanova

Daily Market News: Bitcoin hits new record high

What to watch Salesforce: Certain to be front and center of Salesforce’s earnings call today will be reports that the firm is planning to acquire workplace messaging service Slack. If the deal is going ahead, how the company plans to integrate Slack into its other business software products, and the valuation placed on Slack after…

December 01, 2020 BY Steffy Bogdanova

Daily market commentary: European equities opened higher on Tuesday

GOLD Gold is trying to react after the selloff seen in the last few trading sessions. The new slowdown of the greenback is lifting bullion up, in a scenario still dominated by risk on, but where we can see a slowing down of the bullish pressure of last month. Some investors are thinking that markets…

November 30, 2020 BY Steffy Bogdanova

Weekly forex data: RBA in view ahead of the NFP

The 100% weekly Fibonacci retracement area - i.e. full retracement of all the US dollar’s gains in the first quarter of 2020 - has been a crucial support for some weeks now. However, it now appears that this zone could be broken. The relatively large real body of the current period moving below the 100%…

November 30, 2020 BY Steffy Bogdanova

Daily Market News: S&P Global in talks to pull off the biggest deal of 2020

What to watch Zoom Video Communications: Investors in video communications company Zoom have been handsomely rewarded this year, with its year-to-date share price gain close to the 600% mark, as mass working from home has led to huge demand for virtual meeting tools. The company delivers its latest set of quarterly earnings on Monday, where…

November 30, 2020 BY Steffy Bogdanova

Daily market commentary: Risk is on and the dollar continues to fall

GOLD Despite the new week starting with stock markets in red, gold has so far been unable to rebound. The short-term trend for bullion has been compromised by the price falling through the support level at $1,850. Investors have moved to other assets, seeking faster gains, although they haven’t forgotten that central banks will be…

November 27, 2020 BY Steffy Bogdanova

Daily Market News: Facebook’s Libra to launch as soon as January

What to watch Black Friday: Today marks the official start of the Black Friday sales event (although many outlets started cutting prices weeks ago). With many retailers around the world (particularly in the UK) locked down because of Covid, all the signs point firmly at the online retail giants to clean up once again. Last…

Category: Market News

Forex Weekly Look Back: Equiti expands payment offerings with BridgerPay, CFI Financial Group adds cTrader

Daily Market News: Oil gains on OPEC+ cut talks

Daily Market News: UK approves Pfizer vaccine, US closes at record highs

Daily market commentary: The Dollar Index reached a 2 and a half year low

Daily Market News: Bitcoin hits new record high

Daily market commentary: European equities opened higher on Tuesday

Weekly forex data: RBA in view ahead of the NFP

Daily Market News: S&P Global in talks to pull off the biggest deal of 2020

Daily market commentary: Risk is on and the dollar continues to fall

Daily Market News: Facebook’s Libra to launch as soon as January

Robinhood Launches Social Trading Platform for Active Investors

Retail Investors Rebuild Confidence in U.S. Market, eToro Finds

oneZero Unveils FX Swap Pricing Tool for Regional Banks

BNP Paribas and J.P. Morgan Join DTCC’s Tri-Party Matching Workflow

Broadridge Acquires iJoin to Strengthen Retirement Plan Technology Capabilities