Spot gold reportedly edged closer to the $2,500 per ounce mark on Monday, 27 May 2024, when it traded at $2,449.89 at one stage. During trading on Tuesday, 28 May 2024, gold slipped slightly and opened the day at $2,338 per ounce. The precious metal is, however, sustaining its upward push despite a weaker dollar…
Read more
Binance has a controlling stake in the crypto exchange. According to Cointelegraph, the Korea Economic Daily reported that Gopax “owes a total of 70 billion South Korean won ($51.4 million) to its users stemming from exposure to failed institutional crypto lending firm Genesis Global”. Despite Genesis’s downfall in November 2022, the affiliated unpaid digital assets…
Read more
Based on CNBC information, the leader of the Bank of Finland and council member of the ECB, Olli Rehn, said that Euro bloc inflation is decreasing steadily. Data reflected an April 2024 inflation rate of 2.4%. This means that it has been below 3% for seven months straight. Don’t miss out the latest news, subscribe…
Read more
On 3 May 2024, Ali pled guilty to five charges of fraud amounting to $771,303 AUD, after which the Brisbane District Court imposed the sentence on 27 May 2024. He allegedly misappropriated the trading and investment funds of clients. According to ASIC, DanFX Trade ran an unlicensed foreign exchange. The financial watchdog found that between…
Read more
This achievement highlights ATFX's unwavering commitment to success and continuous growth. Compared to the same period last year, the first-quarter trading volume for 2024 witnessed a remarkable increase of 31.36%. This upward trend is a positive indicator of ATFX's exceptional performance in the market. During this period, ATFX's precious metals category particularly shone bright, with…
Read more
Today Siju Daniel, Chief Commercial Officer of ATFX, will share his vision for driving global business growth and enhancing ATFX's industry leadership. Hi Siju, in your role as the Chief Commercial Officer, you're tasked with driving global revenue growth for ATFX. Could you tell us the reasons you joined ATFX, and elaborate on how you…
Read more
Exness acted as the summits partner, and showcased its recent rebrand alongside its dedication to a frictionless trading experience powered by cutting-edge technology. Its advanced products resonated strongly with attendees. Paul Margarites, Regional Commercial Director at Exness, stated: These awards stand as a powerful validation of our focus on empowering traders with the best possible…
Read more
Trade regulators in Brussels stated that, based on the findings of an examination of Chinese government subsidies, they could revise the current import costs of Chinese-made electric vehicles (EVs). Ursula von der Leyen, the European Commission president, said that it would be a bespoke investigation and any duties would align with the “level of damage”.…
Read more
According to the UK’s financial watchdog, the bank did not “properly consider” the circumstances of people when they missed debt repayments between June 2017 and October 2018. This implies that HSBC did not correctly perform “affordability assessments” when devising plans to reduce or clear arrears. Don’t miss out the latest news, subscribe to LeapRate’s newsletter…
Read more
IC Insights powered by TipRanks, taps into cutting-edge tools like News Sentiment, Investor Sentiment, Analysts Ratings, and Trending Stocks to help clients make data-driven decisions, all at no cost. The News Sentiment tool aggregates sentiment and buzz from over 130 financial news websites, offering IC Markets clients unique insights into the bullish and bearish sentiment…
Read more