The Job report detailed a record 2-year rise in unemployment alongside a fall in job vacancies, the worst witnessed since July 2021. It appears that the waves of fluctuation for the UK economy and GBP are set to continue shrinking the economy; in July this year, the economy shrank 0.5%, far worse than the predicted…
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Analysts from the investment firm noted Tesla as a top-quality stock and, as a result, raised their target levels from $250 to $400 – an almost 20% increase from previous price levels. Following this price rise, Tesla announced that its in-house Dojo supercomputer could fuel a $500bn jump in the company’s overall market value. Not…
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According to the report, any business wanting to purchase $50 million or more, must now first obtain approval from the People’s Bank of China (PBOC). This decision comes after the institution had a meeting with some of the commercial banks over the weekend. During this year, the Chinese yuan decreased by approximately 6% against the…
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The trading platform says the Coinbase Prime Web3 Wallet is part of the company’s continued commitment to harness cutting-edge technologies for its clients. On its website, it states: We have always kept security and utility top of mind, and today marks another step in that evolution by providing institutional and enterprise clients a secure way…
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As a result, Japanese 10-year bond yields saw the highest increase since 2014, while the USD/JPY currency pairing plunged to a new low. Investors will be waiting to gain more information from U.S. inflation data, which is due to be released from the Federal Reserve Bank later this week. Don’t miss out the latest news,…
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The trades automatically replicate from the Strategy Provider to the Follower account without any need for the Follower to take any action. Strategy Providers on their end trade on their own account and earn Performance Fees on the profits they generate for each Follower. The percentage of the Performance Fee and the frequency of the…
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Dynamic M-ELO aims to speed up order matches and minimise market impact, boosting the efficiency of an already speedy stock market even more. According to the exchange, this will establish better trading outcomes. This initiative follows predictive AI, the Strike Price Optimisation Programme, implemented in the Nasdaq U.S. options market earlier this year. It enhanced…
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According to legal documents cited by Bloomberg, experts are trying to determine if all payments were above board. This includes sponsorships to well-knowns such as the NBA’s Shaquille O’Neal and professional tennis player, Naomi Osaka, who received approximately $3.2m from FTX. The once-prominent cryptocurrency exchange submitted its Chapter 11 filing for bankruptcy in November 2022.…
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CEO Mr Mohamad Ibrahim extended his gratitude towards JFEX: It is with immense honour and gratitude that we accept the awards for "Best Global Multi-Asset Broker" and “The CEO of the Year”. The dedication and meticulous planning have brought together a platform that celebrates excellence and innovation in the financial services industry. […] Thank you…
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The move adds to Apple’s challenges as it directly impacts its biggest non-U.S. market. The Chinese market makes up a sizeable chunk – about 19% – of Apple’s total revenue. Although drastic, it seems, according to an anonymous CNN source, that China has been implementing this policy non-officially since the Covid-19 pandemic and is now…
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