Five state-owned Chinese companies, including the country's leading energy and chemical company, have chosen to delist from the New York Stock Exchange by the end of August.
The U.S. Federal Reserve should consider more 75 basis-point interest rate hikes at coming meetings in order to bring high inflation into next year for necessities including food, housing, fuel, and vehicles.” The Fed governor also noted that crypto assets “could benefit from more regulatory clarity.”
In contrast to most other Asian stocks, which trended upward on additional evidence of reducing U.S. inflation, Chinese and Australian stocks slumped on Friday after a COVID-19 lockdown in the commodities hub of Yiwu roiled confidence.
In order to speed up the issuance of special local government bonds to help boost the capital of small and medium-sized banks, China's banking regulator worked with the finance ministry and central bank, according to China Banking and Insurance News.
To all Trades of IC Markets, an Australia-based global forex broker founded in 2007, having a mission to create the best and most transparent trading environment for retail and institutional clients.
Since 1886, when prospectors discovered a number of gold-bearing reefs near the present-day South African city of Johannesburg, the African continent has become renowned for its gold production. As a result of the region's production boom, South Africa produced 30% of the world's gold for decades, dominating the gold market for more than a century.
Dare is something to be afraid of by traders. It is because traders don't know how to deal with it. However, some traders get their satisfaction if they conquer it.
On Monday, August 15, spot gold in the Asian session fell below the pivot point of 1791.41, and if it breaks below 1786.94, it may further open up the downside. Spot silver fell to the first support of 20.51. WTI crude oil was under pressure below the pivot point of 92.37 and fell downwards Test the first support at 90.44. The US dollar index is approaching the 106 mark, and the first upward target is 106.17.
Commodities are essentially bought and sold in large quantities through exchanges in the same way that stocks and shares are traded. There are four large commodity exchanges in the world, including, London Metal Exchange (LME), the Chicago Mercantile Exchange (CME), the New York Mercantile Exchange (NYMEX), and the Intercontinental Exchange (ICE) in Europe.
The financial services provider specialises in Forex and CFD trading.
LiteFinance (previously LiteForex), a retail forex and CFDs broker, has expanded its presence in Asia with the opening of a new regional representative office in Singapore.
LiteFinance is a high-tech reliable ECN broker with a strong reputation. Our clients can exploit a safe user-friendly online platform for high-speed trading available in 15 global languages and providing access to a great deal of in-built tools for price chart analysis. The fans of the most popular trading platform MetaTrader 4/5 can use it as well.
Switzerland’s forex bank and broker, Dukascopy has just expanded its offering to include 405 new stock CFDs such as Harley-Davidson, Spotify, Dell, Puma and others from US, UK, Germany, France, Switzerland, Netherlands and Spain.
Prime brokerage firm TopFX has strengthened its Middle East operations with the promotion of Omar Al-Janabi, who is taking on an expanded role as global head of sales and business development.
Boasting with an all-in-one experience Vantage FX App offers a streamlined trading experience for both novice and professional traders.
FX and CFD broker Vantage has announced the launch of a professional ‘social network’ that allows traders to auto-copy signals, execute trades, chat and analyze performance.
Singapore’s authorities have come down hard on broker Samtrade FX with all trading services being suspended and three so far unnamed people with links to the firm arrested. The Monetary Authority of Singapore (MAS) and Singapore Police acted after the broker’s name appeared on the Investor Alert List that the regulator operates. The investigation, which started on 28th December, has already taken positive action.
On Friday, August 12, spot gold rose by about $18 after hitting a low of $1,784.79 and broke through the $1,800 mark, finally closing up 0.69% at $1,802.40 per ounce, and spot silver closed up 2.53% to $20.82 an ounce. The U.S. dollar index expanded its gains in European trading, but fell slightly after rising to a daily high of 105.90, and finally closed up 0.51% at 105.67. The 10-year U.S. bond yield hit a high of 2.906% and pared some of its gains to 2.842% .
Last week, the markets were buoyed by the US Consumer Price Index report which showed inflation slowing to 8.5% in July, down from 9.1%. Comments from the Federal Reserve made it very clear that they were not claiming any sort of victory against inflation, and that the targets remain way off, so the debate began on if this was an overreaction.
In the technology era like nowadays, all business fields use sophisticated technology. As well as in the forex business. All traders should update about technology in the forex business.