Forex Weekly Look Back: BDSwiss adds 1000+ CFDs on ETFs and DMA stocks, Christian Frahm launches United Fintech LeapRate

November 13, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: BDSwiss adds 1000+ CFDs on ETFs and DMA stocks, Christian Frahm launches United Fintech

Eventus Systems, Inc., global provider of multi-asset class trade surveillance and market risk solutions, announced today that 100x Group, the holding structure for BitMEX, has chosen Eventus to support BitMEX’s trade surveillance and Anti-Money Laundering (AML) transaction monitoring. Cryptocurrency products trading platform BitMEX will deploy the cloud-based version of the Eventus Validus platform within the…

November 09, 2020 BY Steffy Bogdanova

Weekly data preview: claimant count change and the RBNZ

The very high volatility in the middle of last week was consistent with what would typically be expected during the count of a presidential election. The downward movement became clear on Wednesday, with a clear break below the 61.8% weekly Fibonacci retracement area. Price is now testing the upper limit of the weekly Fibonacci fan…

November 09, 2020 BY Steffy Bogdanova

Daily Market News: Best week for markets since April as investors eye ‘Goldilocks’ US political scenario

What to watch McDonald’s: Fast food giant McDonald’s has done relatively well out of 2020, with its share price up by close to 10%, as while the pandemic has hurt the firm in some areas (such as breakfast demand and general foot traffic), it has done well out of food delivery and its drive-through locations.…

November 06, 2020 BY Steffy Bogdanova

Daily Market News: Tech and healthcare stocks are the big winners as Biden one state from Victory

What to watch US jobs report: Although it will likely be overshadowed by the continuing presidential election saga, the US’ monthly jobs report will be reported today. Investors be will watching for signs that the US economic recovery is slowing, with 593,000 non-farm payrolls expected to have been added in October versus 661,000 in September.…

November 06, 2020 BY Steffy Bogdanova

Daily market commentary: The US Dollar continued its decline yesterday

EUROPEAN SHARES European benchmarks consolidated on Friday following a mixed opening, while a similar trend has been registered by Asian stocks. Market participants chose to temper their investments for the last trading session of the week, following four days of solid rally. Votes are still being counted in some of the key US swing states…

November 06, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Cboe Futures ADV falls 23% MoM, PrimeXM trading volumes up 4.5% MoM in October

Stock markets globally gained yesterday as Democratic nominee Joe Biden neared victory in the US presidential election. On a monumental day that saw Biden gather the most votes of any Presidential candidate in history, US stock futures then extended those gains yesterday evening as more states turned blue. The big winners were technology giants and…

November 05, 2020 BY Steffy Bogdanova

Daily Market News: Tech and healthcare stocks are the big winners as Biden one state from Victory

What to watch Uber: Ride sharing and food delivery firm Uber has gained 37.8% year-to-date. While rides dropped off sharply due to the pandemic, the firm has benefited from huge demand for takeaway food delivery. Yesterday, the company’s share price jumped 14.6% after voters decided to exempt it and rival Lyft from a state labor…

November 05, 2020 BY Steffy Bogdanova

Daily market commentary: Asian shares and US Futures rose overnight

EUROPEAN SHARES Asian shares and US Futures rose overnight while European markets also opened in the green, with benchmarks boosted by the tech and healthcare sectors. Investors remain uncertain about the future of the US presidency and more broadly about the future of the US economy as a divided Congress and Senate would prevent any…

November 04, 2020 BY Steffy Bogdanova

Daily market commentary: The forecasted large victory of Biden has not arrived

DOLLAR AND GOLD We have seen the dollar strengthen and this has triggered some selling on the majority of commodities, including gold and silver. Investors are in risk off mode, but they are not yet buying gold. They are looking for clarity before taking positions, trying to predict what will be the next major movement…

November 04, 2020 BY Steffy Bogdanova

Daily Market News: Market futures swing wildly as US election too close to call

What to watch Qualcomm: Chipmaker and wireless tech firm Qualcomm’s share price is up by more than 40% in 2020 so far, boosted in part by optimism around the mass rollout of 5G technology powered by the firm’s chips. A key point of focus when the company delivers its latest set of quarterly earnings on…

Tag: US election