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Schwab publishes monthly activity report for october 2022
15.11.2022
The Charles Schwab Corporation has published its Monthly Activity Report for October 2022. It has placed three factors at the center of the report. These three factors are net assets acquired, total client assets, and average interest-earning assets. The new assets brought in over the previous...
Trading volume stays above $2T for Exness
10.11.2022
Exness has disclosed its trading volume data for the month of October 2022. With a trading volume of more than $2.5 trillion, October marked the eighth consecutive month in which Exness reported a trading volume of more than $2 trillion. The figure represents a 142% year-over-year increase and...
Robust Q3 2022 data reflects XTB’s record high achievement
9.11.2022
XTB has published its financial report for the third quarter of 2022, sharing some impressive numbers. One such figure is the price of its shares which has inched closer to its all-time high value. Shares were last seen trading at PLN 28.80, only 2% away from their highest value since July...
VT Markets adds diversity with bond CFDs
7.11.2022
VT Markets announced that it had added 7 bond CFDs to its offerings. However, this gives traders a chance to gain exposure to more global markets and diversify their portfolios. The newly added bond CFDs are from the United States of America, the United Kingdom, and Europe. These include Euro-Bond...
CBN to unveil new naira notes to improve exchange rate and inflation
4.11.2022
The newly redesigned N200, N500, and N1000 notes are expected to enter circulation on December 15, 2022, according to the Central Bank of Nigeria (CBN). Recently, Governor Godwin Emefiele gave a special briefing at which he disclosed this. According to him, the redesign of the naira notes was made...
Saxo Bank’s avg. FX volume sees a monthly gradual fall
4.11.2022
The currency market plays hide & seek, especially in October 2022. Saxo Bank reported a lower figure with larger disappointment in its Commodities section. The month-over-Month figure for average FX volume is 9%, down to $6.1 billion for October 2022. On the other hand, September 2022 painted...
Brokers speak of flat metrics in monthly turnover
4.11.2022
Because enormous amounts of incentives are being dished out frequently to all of the interactive brokers involved in trading practices, one would imagine a very conducive scenario. However, unfortunately, that is not what the case is all about at present. LLC (NASDAQ: IBKR) was responsible...
Kenya to deal with the MSCI-regulated FDI inflow warning
3.11.2022
Kenya is seemingly up against a foreign direct investment (FDI) related dilemma according to the information released by the New York-based Morgan Stanley Capital International (MSCI) Inc.,. For this very reason, the country has come under a watch list. It is now one of all identified markets which...
EUR/USD: Chances of further strength now look diminished
3.11.2022
The current economic situation of the Euro region The EU economy is anticipated to continue expanding, although at a significantly slower rate than predicted in the Spring 2022 Forecast. The rating agency predicted that the GDP of the eurozone will stagnate in the last quarter of 2022 and...
COT witnesses change as Bullish euro bets hit a 15-month high
1.11.2022
The traders increased their bullish exposure to the relatively weak euro. It was observed that the currency has been falling for two years, putting a warning for bearish investors. The decrease in short positions was noted, but the notable hike in long bets was also evident. The prices being...
The rupee continues to trade lower against the greenback; What’s next?
30.10.2022
Indian rupee ended at a fresh record low The Indian rupee closed the day on Wednesday at a new record low concerning the US dollar. The USD/INR climbs above 83 for the first time in history as the unrelenting decline in the Indian rupee’s value relative to the United States dollar continues....
Forex trading in India: The current scenario and the way forward
19.10.2022
India has always been a land of opportunities, and the same goes for forex trading. The recent changes in the forex trading scenario in India have been nothing short of revolutionary, and the future looks even more promising. From the legal aspects to the best brokers and platforms, read to learn...
AUD/USD slips down to 0.6300
19.10.2022
The AUD/USD pair was last seen at 0.6300 following the prevailing risk in the global market. The three factors causing worry are:- The employment numbers are yet to be reported. The chance of the Fed to hike the rate. China’s covid incidents. Australia’s employment change is estimated...
GPB points towards increased volatility for the UK capital market
17.10.2022
Liz Truss lost her position after her credibility went for a ride post the u-turn on tax cuts. There is a gap between her government and the capital market, which is becoming more evident with each passing day. Higher volatility in GBP is now inevitable, with support from the chances that...
US CPI data signals high-price inflation
13.10.2022
The US markets are eyeing another hike in the rate by early November. If reports are to be believed, then the Fed has every intention of taking the shot in an attempt to lower inflation. S&P500 and Nasdaq 100 closed their doors on a lower note before receiving an 18-month low figure. According...
Vanuatu to require physical presence of brokers
12.10.2022
Vanuatu, which happens to be one of the much-favored destination points for brokers of various kinds and is involved in multiple verticals of businesses, has tweaked the rules a mite regarding running their operations on their soil. This new diktat will be officially in force starting from October...
The AUD/USD currency pair is struggling and losing momentum
12.10.2022
The week did not start well for the Australian Dollar, as the currency encountered a quick 1% dip. The fall did not stop as Wednesday witnessed the AUD/USD trading pair trailing at 0.6266. Several traders expected the European session to bring good news, but it resulted in the currency dipping...
560 New Stock CFDs Uplift Global Brokerage’s Business Growth
11.10.2022
After adding new crypto CFD products in June this year, Infinox has added 560 new Stock CFDs to its offering. Products are available to all traders irrespective of their registration status. Retail and institutional traders can access the new listing and diversify their portfolios. The new listing...
AUD/USD and Consumer Price Index: a Technical Analysis
10.10.2022
The Asian-Pacific trade market is on a down roll at the moment. Wall Street and S&P 500 signaled a bearish trend at the end of the previous week. Opening the current week could be difficult unless the market has the key to open the gates for a bull. Wall Street indicated that the market would...
With Predictions for Future Stability, G10 FX Attracts Attention
4.10.2022
The Bank of England is pondering its response to what has happened with the assets of the United Kingdom. A rough relationship between the Truss government and the capital market eventually led to where the markets are right now. GBPUSD carries volatility that makes it rather difficult for...