Before the markets opened on Monday, the California regulator seized control over the collapsed First Republic Bank and sold its assets to JPMorgan Chase. The sale prevented any further distress to the American banking industry.“The DFPI (California Department of Financial Protection and Innovation) appointed the Federal Deposit Insurance Corporation (FDIC) as receiver of First Republic Bank,” a regulatory announcement stated. […]

USD/JPY breaks above confluence resistance on Monday, bolstered by higher U.S. yields. Meanwhile, the S&P 500 struggles at the 4,200 level, with bulls and bears battling for control of the market. Read More

Crude oil prices consolidated into Tuesday as markets digest data ahead of monetary policy meetings from the Federal Reserve and the ECB. If both banks tighten, will WTI go lower? Read More

The Australian Dollar shot higher after the RBA raised the cash rate to 3.85%, surprising markets. The bank cited inflation as being too high. If they hike again, will AUD/USD go higher? Read More

GBP/USD is relatively muted against its more macro influenced counterparts this week as the pair prepares for the Fed tomorrow. Pound continues to hover around 1.25. Read More

Euro Area annual inflation rate ticked higher April missing estimates by 0.1% as the Core print ticked lower. Following the data and the ECB Bank Lending Survey, is a 25bps hike from the ECB now a certainty on Thursday? Read More

Contracts for Differences (CFD) have transitioned from a niche product to a more mainstream one over the past decade, yet they still trail behind stocks and savings accounts in popularity, Omar Arnaout, the CEO of XTB, admitted during a recent earnings conference. Thus, considering the growing number of consumers seeking simple forms of capital preservation, XTB, a publicly listed brokerage […]