FOREX TODAY: AS THE NEW WEEK BEGINS, THE MARKET IS FEELING BETTER
The US stock index futures had a solid start to the week, suggesting that the market's perception of risk has changed. The preliminary April Consumer Confidence numbers will be released by the European Commission on Monday, along with a speech by the president of the European Central Bank (ECB). No significant data releases on the US economic docket are scheduled.
FOREX LOSSES: MANUFACTURERS' CALLS FOR ACTION ARE BECOMING MORE VOCAL
Many businesses have either had financial difficulties in the last year or have completely stopped operating. Among other things, shortages and several forex-related losses have been the main reasons of these occurrences. Many manufacturing company’s losses up to trillions of Naira as a result of the currency's depreciation.
FOREX CRISIS: "WE ARE NOW FOCUSING ON STRATEGIC PLANNING INSTEAD OF FIREFIGHTING" CARDOSO
According to Central Bank Governor Olayemi Cardoso, the bank's strategy for achieving foreign exchange stability has shifted from "firefighting" to strategic planning.
Crude Oil Prices Inch Up Despite Uncertainties in US Demand
Crude oil prices are displaying cautious upward movement as market dynamics balance concerns over demand with potential supply disruptions according to the report. The focus now shifts to upcoming US inflation figures, which are poised to impact various markets.
ASIC Warns of New Bond and Deposit Scam
The Australian Securities and Investments Commission (ASIC) has flagged a concerning trend in financial fraud, cautioning investors about a sophisticated scam targeting bonds and term deposits.
Interactive Brokers Launches Daily Options on CAC 40 Index
Interactive Brokers expands its product suite with Daily Options on the CAC 40 index, providing investors with more tools for short-term trading strategies.
Spring FX Signals Requests Payments in Exchange for Withdrawals
In a cautionary tale that reverberates through the digital trading landscape, Moideen, found himself ensnared in the web of deception spun by Spring FX Signals.
Capitalix Denies Withdrawals to Copy-Trading Clients
In a distressing account reminiscent of online trading nightmares, Govindaraj.M, a 43-year-old resident of India, fell victim to the dubious practices of the Capitalix brokerage platform.
ED smashed a fake app with the help of Binance
An Indian law enforcement agency, the Enforcement Directorate (ED), seized 90 crores ($10.5 million) from the online scam app E-Nuggets with the help of cryptocurrency exchanges Binance, ZebPay, and WazirX.
FCA Exposed Two Major Red Flags
The Financial Conduct Authority (FCA) has issued a warning regarding two unauthorised firms operating in the financial sector.
Coinbase Sees $1.2B Profit Amid Crypto ETF Launch
Coinbase achieves a first-quarter profit of $1.2 billion following the launch of bitcoin ETFs and increased trading volumes.
FOREX TODAY: TO START THE WEEK, GOLD REACHES YET ANOTHER RECORD HIGH.
After rising more than 4% the week before, gold maintained its positive momentum and reached a new all-time high above $2,350 at the weekly beginning. The European economic schedule will include Sentix Investor Confidence data for April, and on Monday there won't be any high-impact data releases in the US agenda.
FOREX TODAY: AHEAD OF THIS WEEK'S MAJOR EVENTS, MARKET ACTIVITY SLOWS DOWN
Major currency pairings move in predictable ways early on retreat in anticipation of fresh stimulus. During the European session, the European Central Bank (ECB) will release the Bank Lending Survey data. The RealClearMarkets/TIPP Economic Optimism Index for April and the NFIB Business Optimism Index for March will be included in the US economic docket later in the day.
Italy's CONSOB warned against FCapital24
Italy's CONSOB has issued a warning against FCApital24, advising investors to be cautious. The regulatory authority highlighted concerns regarding the company's operations and urged the public to refrain from engaging in any financial activities with FCApital24.
Equiti Trading Broker: $0 Fees & Regulatory Trust - What's the Buzz?
Discover how Equiti Trading Broker is revolutionizing the market with zero fees and regulatory compliance. Your guide to profitable, secure trading.
B2Prime Expands with New Security License in Seychelles
B2Prime gains a security dealer license in the Seychelles, enhancing its regulatory presence and global reach.
XTB Ventures into UK ISA Market, Levelling the Playing Field in Retail Investing
XTB has recently made significant strides by obtaining authorization to offer Individual Savings Accounts (ISAs) in the UK, a market estimated at £400 billion, just months after announcing its intentions to enter this sector.
B2Prime Secured Seychelles License
B2Prime, a liquidity provider offering services across multiple asset classes, has recently obtained a security dealer license in Seychelles, adding to its existing licenses in Cyprus and Mauritius.
Blockchain: A Game-Changer in the Fight Against Fraud?
Blockchain technology offers promising potential in combating financial fraud through its decentralized, transparent, and secure features, although challenges such as scalability and regulatory concerns need to be addressed for its full utilization.
Webull Introduces Webull Lite for Simplified Trading
Webull launches Webull Lite, offering an easier trading experience with essential tools and simplified navigation.
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Crude Oil Prices Inch Up Despite Uncertainties in US Demand
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