The US charge is being led by the current Presidential administration, which has unveiled its vision for reclaiming US nuclear leadership. The 2021 budget proposes creating a US$1.5B U3O8 reserve through 10 years of purchasing US$150m p.a. (circa 3.75 mlbs p.a.) of domestic U3O8 production. Further congressional approval will be sought to expand this initiative…
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Firstly, clients often do this knowing that they are protected should their account reach a negative balance; either because the protection is mandated by regulators or knowing the difficulty brokers have collecting on negative balances. This gives the client a nearly risk-free trade with a large downside to the broker who still needs to honor…
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EUROPEAN SHARES Shares mainly opened higher on Wednesday ahead of what is expected to be a very busy day for investors despite an uncertain mood following mixed earnings yesterday. Today’s market sentiment is likely to be shaken as traders struggle to find any fresh bullish drivers to the current rally amid a slew of major…
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The FIEA also included one other important change that would impact BitMex. The sale and use of crypto derivatives, currently 80% of trading activity in Japan and the primary product offering of BitMex, would suddenly fall within the purview of the FIEA. Up to now, the Wild-West atmosphere promoted by crypto option providers has existed…
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All three major US stock indices posted a negative day yesterday, with the tech heavy Nasdaq Composite falling furthest at -1.4%, although the index is down just 4.1% year-to-date. Information technology stocks were among the day's biggest losers, with the IT sector of the S&P 500 falling 1.4%, driven by a 2.4% decline in software…
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Andrew Ralich, CEO and co-founder of oneZero, commented on the hire: We are excited to be extending the expertise of our leadership team with the addition of Fraser. With our company’s continuing growth, adding an experienced CFO with industry experience to support our organization was a natural evolution. Fraser McHardy added: oneZero has a best-in-class…
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EUROPEAN SHARES Stock markets in Europe lacked a clear direction on Tuesday following a similar trend on Asian benchmarks. The risk appetite is still alive this week but investors remain torn between reassuring data on the virus front and poor earnings results. Lower infection rates almost everywhere seem to suggest the market bottom may now…
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FTSE climbs, Tesco begins laying off temporary workers London-listed stocks mirrored the US with a positive start to the week yesterday, with the FTSE 100 and FTSE 250 rallying by 1.6% and 1.7% respectively. Chancellor Rishi Sunak told Parliament that small businesses will get access to 100% taxpayer-backed loans of up to £50,000 that they…
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FTSE 100: -1.3% Friday, -23.7% YTD (-0.6% last week) FTSE 250: -1.1% Friday, -28.3% YTD (-1.1% last week) What to watch Keurig Dr Pepper: Keurig Dr Pepper is the firm behind brands including Krispy Kreme, 7Up and Evian. The firm’s share price is down 9.2% year-to-date, meaning it is performing better than the broader market.…
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EUROPEAN SHARES European share markets edged higher on Monday, with investors catching up with last week’s late rally on Wall Street and market sentiment being boosted over the weekend. The main good news came on the virus front after Italy, France and Spain registered significantly lower deaths as well as new cases, which paves the…
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