WTI prices continue yesterday’s rise on the back of surprising inventory drawdowns (EIA). Oil prices and inflation considered by the electorate ahead of US midterm elections Read More
The BoJ rhetoric regarding price levels and volatility may be tested as the pair hits 150.00. How much longer can the BoJ remain on the sidelines? Read More
<p>On Thursday, the Cyprus Securities and Exchange Commission (<a href=”https://www.financemagnates.com/tag/cysec/” target=”_blank”>CySEC</a>) announced that it has withdrawn the Investors Compensation Fund membership of four companies: MPS Marketplace Securities, Sharelink Securities & Financial Services, Finteractive, and Woodbrook Group.</p><p>The Cyprus Investor Fund (CIF) license of all four companies was withdrawn earlier this year. The withdrawal of ICF membership comes after the CIF withdrawal.</p><p>Earlier […]
As price rises shred central bank targets, the world’s monetary guardians have a fight on their hands that recalls the battles of a generation ago. Read More
The Euro is fairly helpless in the face of resurgent US bond yields and will likely fade further against the US dollar ahead of next weeks ECB meeting. Read More
<p>The Cyprus Securities and Exchange Commission (<a href=”https://www.financemagnates.com/terms/c/cysec/” target=”_blank” id=”37d97d82-59f8-4ce2-94d2-21c5bdc82663_1″ class=”terms__main-term”>CySEC</a>) announced on Thursday the commencement of the compensation process under the Investor Compensation Fund (ICF) for the clients of <a href=”https://www.financemagnates.com/forex/regulation/cysec-fines-maxigrid-directors-bans-four-from-cif-management/” target=”_blank”>Maxigrid Ltd</a>, which operates FX and CFDs broker brands, Dualix and AGM Markets.</p><p>Now, the regulator has detailed the process of claiming compensation, which can be done both online […]
The fundamentally-light lift from the S&P 500 and other risk-leaning assets has lost traction this past session with the index’s first gap lower on the open in five sessions. Attention is shifting to a serious docket next week. Meanwhile, the USDJPY has notched its longest bull run since 1973 in a serious blow to BOJ credibility. Read More
Gold prices fell on Wednesday against rising yields and US Dollar, and prices remained under pressure in Asia-Pacific trading. A weak US initial jobless claims report may provide respite to bullion prices. Read More
The Australian Dollar dipped after underwhelming jobs data, but it revealed a still very tight labour market. Attention now turns to CPI for RBA action and AUD/USD implications. Read More