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Emerging Asian equities see first monthly inflows in seven months

Emerging Asian equities ex-China saw monthly foreign inflows in July, after six months of capital withdrawals, as investors bet that the size of U.S. interest rate hikes would ease, and that a recent drop in commodity prices would temper surging inflation.

News 2022-08-04 12:55

Russia’s Gazprom to get 50% of Sakhalin-2 LNG project replacement entity -reports

Gazprom will receive 50% of a new Russian entity replacing the Sakhalin Energy liquefied natural gas (LNG) project, Russian news agencies reported on Wednesday, citing a government decree.

News 2022-08-04 12:52

Tennessee sues Walgreens pharmacy chain over opioid distribution

The state of Tennessee sued Walgreens on Wednesday, accusing the retail pharmacy giant of fueling the state’s opioid epidemic by willfully flooding the market with an oversupply of prescription narcotics in violation of consumer protection and public nuisance laws.

News 2022-08-04 12:49

Oil prices rebound on supply concerns after drop to near 6-month low

Oil prices rose in early Asian trade on Thursday, bouncing off multi-month lows in the previous session caused by data signalling weak U.S. fuel demand.

News 2022-08-04 12:00

WikiFX Review: Is Axia Investments a safe broker?

In this review, WikiFX will discuss all aspects of Axia Investments, in order to figure out whether it’s safe to invest with them.

News 2022-08-04 11:02

Top 10 Nigerian social media influencers by Instagram followership as at July 2022

With 2 billion monthly active users and a revenue of $24 billion USD, Instagram has gone past a place to showcase memorable and mundane moments of our lives and evolved into a marketing tool.

News 2022-08-03 19:32

Swiss inflation steadies in July, still above SNB target

Swiss consumer price inflation held steady at 3.4% in July, slightly less than economists had expected after inflation touched a 29-year high in June.

News 2022-08-03 18:50

CySEC Fines FXVC Operator €100K for Possible Regulatory Violations

The Cyprus Securities and Exchange Commission (CySEC) announced that it has decided to impose €100,000 fines on the Finteractive Ltd, the operator of trading brand FXVC, for possible regulatory violations.

News 2022-08-03 18:49

Like the trick played to "JP Morgan"? FVP Trade claimed to accept capital injection from AMG

In the previous articles, WikiFX has exposed the cases of FVP Trade’ freezing funds. as we know so far, it is a scam broker getting involved in a Ponzi Scheme. On August 3, 2022, FVP Trade released a new statement about its current situation. In this statement, FVP claimed to accept capital injection from its partner in the Middle East, Al-Mohannadi Group (AMG). However, can we trust FVP Trade now? In this article, WikiFX will give you a comprehensive analysis of the truth behind this statement.

Exposure 2022-08-03 18:27

South Korea FX reserves increase in July after four months of decline

South Korea’s foreign exchange reserves increased slightly in July, central bank data showed on Wednesday, ending four straight months of decreases led partly by authorities’ dollar-selling intervention to support the won.

News 2022-08-03 17:40

The Impact of the Latest Fed Decision

XTB’s chief market analyst will explain how the markets reacted and what might follow in the weeks ahead.

News 2022-08-03 17:37

How Does cTrader Copy Strategy Rank Work

Copy trading is a long-term investment strategy anyone can use, regardless of experience and expertise level.

News 2022-08-03 17:31

India’s trade deficit to remain above $20 billion – Barclays

India’s trade deficit is likely to remain above $20 billion for an extended period, posing the risk of a wider current account deficit, Barclays said.

News 2022-08-03 17:26

Dollar stands tall as Fed doves talk tough

The U.S. dollar remained elevated on Wednesday following its biggest surge in three weeks against major peers overnight, with Federal Reserve officials talking up the potential for further, aggressive interest rate hikes.

News 2022-08-03 17:23

Marketmind: Markets’ moment of truth

A look at the day ahead in markets from Anshuman Daga

News 2022-08-03 17:11

Bangladesh seeking $2 Billion from World Bank, ADB – Bloomberg News

Bangladesh is seeking $2 billion from the World Bank and the Asian Development Bank (ADB) amid efforts to bolster its foreign exchange reserves, Bloomberg News reported on Wednesday.

News 2022-08-03 17:01

Asian stocks gain as investors weigh risk from Pelosi Taiwan visit

Asia-Pacific bond yields followed U.S. Treasury yields higher on Wednesday and the dollar continued its climb after Federal Reserve officials signalled they are nowhere near done raising interest rates.

News 2022-08-03 16:57

Swiss inflation steadies in July, still above SNB target

Swiss consumer price inflation held steady at 3.4% in July, slightly less than economists had expected after inflation touched a 29-year high in June.

News 2022-08-03 16:51

WTI Crude Oil Forecast: Price Hangs Onto 200-Day EMA

The problem is that markets are trying to price in a recession, but at the same time trying to pressure the Federal Reserve into supporting Wall Street in order to keep them from losing money.

News 2022-08-03 15:56

The Predecessor of PAMM: Lot Allocation Management Module (LAMM)

LAMM is the short form of Lot Allocated Management Module. It is a passive way to potentially earn money from forex trading by having a central account run by a money manager or master trader.

News 2022-08-03 15:27
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