Category: News

September 09, 2024 BY Leaprate Staff

Exness Announces Significant Reductions in Trading Spreads for Gold and Oil

  With over 15 years of experience, Exness has consistently offered unparalleled trading conditions courtesy of stable and competitive spreads. They have achieved this by developing technology-driven pricing models and a comprehensive tick history, solidifying them as the go-to platform for traders. "We are thrilled to offer our clients these significant reductions in spreads," said…

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September 05, 2024 BY Sam Boughedda

CME Group Posts Second-Highest Monthly Average Daily Volume in August

At 31.7 million contracts, ADV jumped 31% compared to August 2023, driven by significant increases across all six of its asset classes. Interest rates led the charge, reaching a record ADV of 18.3 million contracts. The U.S. Treasury complex also saw record-breaking activity, with an ADV of 11.5 million contracts. This included record volume for…

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Daily Market Commentary
September 03, 2024 BY PureContent

Weekly data: Oil and Gold: Price review for the week ahead

The most important economic data for this week are: US manufacturing PMI, BoC interest rate decision, US services PMI, US job report Tuesday: US manufacturing PMI at 14:00 GMT. The consensus is for an increase from 46.8 to 47.8 points. Even though the expectations are for an improved image of the manufacturing sector in the…

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September 02, 2024 BY Leaprate Staff

ATFX Ranks 4th Globally in Q2 2024 Trading Volume with 43.75% Year-Over-Year Growth

This milestone underscores ATFX's strong competitive edge in the global financial markets and highlights significant growth in trading activity.   Compared to the previous quarter, ATFX’s trading volume in Q2 2024 saw a significant increase of 22.45%, and an astonishing 43.75% year-on-year growth. These impressive growth rates are not only a solid foundation for the…

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Sale Of SunPower Assets Approved By Judge
August 30, 2024 BY Robert Bell

Sale Of SunPower Assets Approved By Judge

Lower demand and climbing inflation rates had caused the California-based company to declare bankruptcy earlier this month. SunPower was a leading name in the American solar market, but it began to unravel following a US Securities and Exchange Commission subpoena and the departure of its CEO. Don’t miss out the latest news, subscribe to LeapRate’s…

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Websites Falsely Using Mudrex Name To Be Taken Down
August 30, 2024 BY Elizabeth Anderson

Websites Falsely Using Mudrex Name To Be Taken Down

Based on CoinDesk information, the judgement, which was passed on 23 August 2024, gives the ministry seven days to comply. Mudrex appealed to the court when 15 people contacted the company about being scammed. Edu Patel, the CEO and co-founder of the cryptocurrency exchange, said: We estimate the actual number of retail investors scammed could…

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OpenAI Looking for Funding Based on $100bn Valuation
August 29, 2024 BY Robert Bell

OpenAI Looking for Funding Based on $100bn Valuation

OpenAI was valued at $29bn last year, but that rose to $80bn early in 2024. The rise in its value coincided with annual revenue exceeding $2bn for the first time, a landmark which came earlier this year. Before that, the launch of the ChatGPT chatbot at the end of 2022 helped put the company into…

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LEGO’s Revenue Is Up 13% Despite Toy Industry Downswing
August 29, 2024 BY Elizabeth Anderson

LEGO’s Revenue Is Up 13% Despite Toy Industry Downswing

The company announced on Wednesday 28 August 2024 that its January through June revenue came in at approximately $4.65bn, or 31bn DKK. In an interview, the Danish toymaker’s chief executive, Niels Christiansen, told CNBC that the company is experiencing growth across its portfolio. He highlighted the contributions of LEGO Icons, LEGO Creator and the Fortnite…

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