Ashmore’s CEO Mark Coombs noted the uptick in investment performance in Q4 of 2023 as talk of cuts spread across markets. According to Yahoo Finance, Ashmore’s funds managed to offset negative flows of $1.6bn in Q4 and gained a positive investment of $3.9bn in the same period. Coombs noted: Emerging Markets delivered good returns and…
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The surge in forex trading slightly elevated Saxo's total monthly trading volume to $369.5 billion, a 1.8% increase. However, this decreased by 11.1% compared to December of the previous year. Saxo Bank, headquartered in Denmark, provides various trading services, including equities, commodities, and fixed income. Despite the uptick in forex, trading volumes across these other…
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In April of the previous year, the US regulator filed a lawsuit against Kay, and her companies AK Equity Group and Xapphire. The CFTC accused them of unlawfully enticing approximately 67 investors to contribute at least $15.7 million to partake in a commodity pool, ostensibly for forex trading. The US watchdog added that the defendants…
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For professionals, leverage is reserved for certain high conviction trades. It’s used sparingly, only in certain situations, and never at the ratios that retail traders routinely use it. If you’ve just started your trading career and are using the maximum amount of leverage your broker offers you, then you’re begging for trouble. HYCM’s advice would…
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Watch your Leverage Every trader loves leverage, but don’t get carried away. You should always be aware of the value of your leveraged trade and manage your risks accordingly. Leverage creates the opportunity to generate large profits from very low investment. To learn how to use leverage for your growth, you can start trading using a Demo…
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Key data this week Bold indicates the most important releases for this symbol. Monday 3 August, 13.45 GMT: American Markit manufacturing PMI (final, July) - consensus 51.3, previous 49.8 Monday 3 August, 14.00 GMT: ISM manufacturing PMI (July) - consensus 53.6, previous 52.6 Wednesday 5 August, 12.30 GMT: American balance of trade (June) - consensus…
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Israeli Securities Authority (ISA) proposed that Forex companies publish their client losses in an attempt to minimize the trader’s risk exposure. ISA has published a draft proposing a requirement from Forex trading companies to publish client loses. The draft is open for public comment. As a step towards investors education, the transparency would allow traders…
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2019 is slowly coming to a close, and before we know it, a New Year will have already begun. This is also the time when award committees begin to review their respective sectors of influence to designate the leaders of the pack, so to speak. It is also a time when independent companies conduct non-biased…
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