GOLD Just a few minutes after the announcement that Donald Trump and his wife tested positive to coronavirus, gold has spiked up by over $20. This happened while S&P and Down Jones futures lost more than 1% and the dollar started to weaken again. Bullion is now testing again the resistance level of $1,920, while…
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The House vote came after a variety of economic data was released on Thursday, which contained some potential red flags. Personal income fell 2.7% in August, while initial weekly jobless claims remained stubbornly high at 837,000. The week has been littered with news of major corporate job cuts coming down the pipeline, and the US…
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EUROPEAN SHARES Shares traded higher at the beginning of Thursday’s trading session in Europe with all sectors opening in green territory, led by health care. This boost to market sentiment comes after investors were fuelled with hopes of a fresh stimulus package in the US. However, traders of European shares face a busy morning following…
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Healthcare was the leading sector in the index overall, helped by 3.5% plus gains from care providers Centene, Universal Health Services and HCA Healthcare. In healthcare company news, device maker Medtronic made waves late in the day after market hours, as The Wall Street Journal reported that the Justice Department is investigating whether acquisitions the…
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The SFC found that the failures committed by CCBIC and BIAL, as the sole sponsor in the listing applications of Fujian Dongya Aquatic Products Co., Ltd. (Fujian Dongya) and China Huinong Capital Group Company Limited (China Huinong) respectively, were attributable to the neglect on the part of Lai. Lai, who was a Managing Director of…
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Wirecard SG has informed MAS that it is unable to continue providing payment processing services to a significant number of merchants, therefore the Singaporean watch dog has assessed that it is better for Wirecard SG to cease its payments services and promptly return all customers’ funds. With the cessation of Wirecard SG’s payments services in…
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Brokers signing up to itexsys’ MT4 White Label through Your Bourse will have access to the full Your Bourse technology package, which includes a bridge, matching engine and liquidity aggregator, real-time and historic reporting tools and data warehousing functionality. As Your Bourse’s package evolves, all clients will be given access to the new tools within…
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GOLD As we suggested in recent comments, gold was just waiting for a slowdown of the strength of the greenback to rebound to $1,900. The main scenario will remain positive for bullion for as long as central banks are still forced to print fresh money. Despite this, after the recovery of the last few days,…
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According to the regulator's order, from 2014 to 2016, the company failed to supervise accounts by not following its policy regarding trade move requests and having inadequate policies and procedures for reviewing customer accounts, introduced by Foremost Trading LLC and traded by the company’s principal, Mark Miller.. Gain also failed to ensure that its employees…
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According to the regulator, Moore breached a contractual agreement between BGC and a referring broker by: charging unpermitted spreads on transactions entered on behalf of a number of accounts of clients referred to BGC by the referring broker; and trading at prices other than the agreed independent valuation on transactions entered on behalf of a…
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