Graham Morris
March 21, 2024 BY PureContent

ATFX Welcomes Graham Morris as the New Head of Compliance for Australia

Graham is set to bring a vast reservoir of compliance expertise and industry knowledge to the firm, which will be instrumental in enhancing ATFX’s regulatory frameworks and overseeing compliance matters within the Australian financial market. Graham comes to ATFX with an impressive professional background, having previously served in key compliance roles for notable financial companies.…

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March 20, 2024 BY PureContent

Weekly Data: Oil and Gold: Brief Review before the Fed

Below, we look at the key factors impacting economic data this week. Wednesday:  UK inflation rate at 7:00am GMT. The consensus is for a decline from 4% to 3.5% in February. If these forecasts hold true, it could mark the lowest yearly inflation figure for Britain and might lead to slight losses for the pound,…

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Weekly data: Oil and Gold price action before the NFP
March 11, 2024 BY PureContent

XAU/USD: Support at $2,147 to Welcome Dip Buyers?

Markets witnessed demand for the precious metal increase based on several factors, which has seen buyers lift prices higher for eight consecutive days.  Last week, the largest one-week gain was recorded since early October 2023. Gold Demand Factors underpinning gold include rate expectations forecasting that the US Federal Reserve (the Fed) will step up and…

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March 07, 2024 BY PureContent

Apple shares fall following $2bn fine

The case revolves around Spotify, which complained in 2019 that its users were prevented from finding out about alternative payment options apart from the App Store. The EU raised a case last year based on this and other companies whose customers are in the same situation. These restrictions were classed as unfair trading conditions in…

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March 06, 2024 BY PureContent

China targets 5% growth

Among the main targets of the country’s ruling Communist Party is boosting consumer spending as a way of driving the economy forward. 2023’s 5.2% growth had been an improvement on the meagre 3% achieved in 2022 as China continued to feel the effects of the COVID-19 pandemic. Li has spoken about having to find a…

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Tickmill Capitalise.ai
March 05, 2024 BY PureContent

Tickmill and Capitalise.ai collaborate to Enhance Traders' Experience with AI Automation & Analysis

Tickmill, a leading multi-regulated broker, recently partnered with Capitalise.ai, a pioneer in AI-based trading and analysis solutions. This alliance aims to bring cutting-edge AI analysis and automation to Tickmill's traders. Innovative Technology to Empower Traders Capitalise.ai's platform allows traders to analyse and automate market scenarios using plain English, eliminating the need for coding skills. Consequently,…

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March 05, 2024 BY PureContent

Weekly data: Oil and Gold: Brief review before the NFP

The most important economic data for this week are: Tuesday:  US Services PMI at 15:00 GMT for the month of February. The consensus is for a slight decrease of 0.4 points, reaching 53. This might be relatively bullish news for the dollar since it would mean that the services sector in the States is still…

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March 05, 2024 BY PureContent

Super Micro Computer shares rise as company added to S&P 500

SMCI’s arrival was announced in a press statement, which confirmed that the company and Deckers Outdoor Corp (DECK) will be replacing Zions Bancorporation (ZION) and Whirlpool Corp (WHR) in the S&P 500 with immediate effect. SMCI sells AI-optimised computer services to businesses across the planet. It works closely with Nvidia (NVDA) to provide customisable data…

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March 04, 2024 BY PureContent

Mattel shares down as it delays posting 2023 annual report

The company described the issue as relating to certain deficiencies that it has identified and that it regards as being a “material weakness” relating to its internal controls in terms of financial reporting matters. These reported deficiencies are around IT controls, and it confirmed that it’s working on it so that the annual report can…

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