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Ukraine central bank has sold over $12 billion of its gold reserves during war – deputy head

Ukraine’s central bank has sold $12.4 billion of gold reserves since the beginning of Russia’s invasion on Feb. 24, the bank’s deputy head said on Sunday.

News 2022-07-18 16:38

WikiFX Review: What You Should Know About Soltechx

WikiFX is going to give an analysis of things that investors should know about

Exposure 2022-07-18 16:35

Analysis: Clients of crypto lender Celsius face long wait over fate of their funds

Customers of crypto lender Celsius face a long and anxious wait to know how, when and even if they will get their money back after the company filed for bankruptcy, becoming one of the biggest victims of the collapse in crypto markets this year.

News 2022-07-18 15:44

Non-harmonisation of exchange rate is killing foreign portfolio investment – Dayo Obisan

The Securities and Exchange Commission (SEC) has advocated for the harmonisation of the exchange rate to enable more foreign investment in the country.

News 2022-07-18 15:41

The hike is (almost) here! Now for what comes next: Five questions for the ECB

The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the path for higher rates beyond Thursday as economic prospects darken.

News 2022-07-18 15:40

Thai key rate likely to rise at Aug meeting – central bank official

Thailand’s central bank is highly likely to raise its key policy rate at its August meeting, a senior director said on Thursday, as other central banks moved to tighten their monetary policy.

News 2022-07-18 15:37

ECB set for 25bps rate hike in July; slim majority say should do 50 -economists

The European Central Bank will stand by its policy guidance and raise its deposit rate by 25 basis points next Thursday, but a narrow majority of economists polled by Reuters said it should go for a bigger half-point hike.

News 2022-07-18 15:35

Analysis-ECB bond aid plan’s fault lines exposed by Italy’s political crisis

A government crisis in Italy is complicating a politically sensitive plan devised by the European Central Bank to support indebted euro zone countries on the bond market before it even starts in earnest.

News 2022-07-18 15:33

American tourists splurge in Paris boutiques as euro slides

American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned department store La Samaritaine in Paris, tempted by the prices as the euro reached parity with the U.S. dollar.

News 2022-07-18 15:31

Stay Away! 34 Illegal FX Platforms Added to the CFTC RED List!

To offer derivatives products in the US, platforms need to be registered with the CFTC and be a member of the National Futures Association (NFA).

News 2022-07-18 15:18

G20 finance chiefs resolved on food security; Ukraine war prevents formal communique

A two-day meeting of finance ministers and central bankers from the Group of 20 major economies is expected to conclude without a formal communique, as Russia’s war in Ukraine continued to divide the group, two sources familiar with the matter said.

News 2022-07-18 15:03

What Nigeria’s next president should do to the Oil and Gas Sector

The 2023 general elections are in top gear as political parties have concluded their respective primaries and selected their flag bearers. The flag bearers of these parties have wasted no time in unveiling their plans and most importantly, the economic agenda for the country. It’s important to state that the Oil and Gas sector is Nigeria’s most profitable sector.

News 2022-07-18 14:29

The CFTC RED List Has Been Updated with 34 New Illegal Online Trading Platforms

The Registration Deficient List of unregistered platforms providing financial services illegally in the United States has grown by 34 more names, according to the Commodity Futures Trading Commission (CFTC) (RED List).

News 2022-07-18 13:08

Clientele Feedback: What Are Investors' Opinions of RoboForex?

Forex scams have been rising in recent years, and it's alarming. Most of the time, people lose their money to offshore brokers with no regulatory oversight.

News 2022-07-18 11:43

Here’s 6 of Many Pitfalls of Your Forex Trading Risks

Be careful with your Forex market trading hazards. Certain mistakes could prevent traders from meeting their investment goals and Forex trading.

News 2022-07-18 11:37

Trade Better by Understanding Kind of Forex Orders

In the forex market, you have the option to control your trades with types of forex orders. Among these various orders, some of them allow you to control both of your entry and exit, while some others don’t. Understanding how those orders work will help you control your trades better.

News 2022-07-18 11:35

Most Frequent Issues on Every Forex Trader

Trading currencies may be a high-risk, high-reward proposition for certain investors because they expect more profits than the market can consistently provide.

News 2022-07-18 11:33

Oil drops as China’s rising COVID cases renew fuel demand concerns

Oil prices fell $1 in early trading in Asia on Monday, cutting into gains from Friday, as attention turned back to rising COVID-19 cases in China and the prospect of lockdowns again reducing fuel demand in the world’s top oil

News 2022-07-18 11:31

Australia’s ANZ to buy Suncorp banking arm for $3.3 billion, boost mortgage business

Australia and New Zealand Banking Group on Monday said it will buy insurer Suncorp Group’s banking operations for A$4.9 billion ($3.33 billion) to expand its retail and commercial businesses.

News 2022-07-18 11:28

Embraer’s Eve reaches first deal to provide air traffic control software

Eve Holding Inc, the electric aircraft unit of Brazil’s Embraer SA, on Sunday announced its first deal to provide a software for air traffic management, and is in talks with other potential customers in the sector.

News 2022-07-18 11:26
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