Gold prices gained on Thursday as US bank sector woes ate into Federal Reserve rate hike expectations, sinking Treasury yields. Ahead, XAU/USD turns to the non-farm payrolls report. Read More
The Dow Jones, S&P 500 and Nasdaq 100 plunged on Thursday as SVB Financial Group and Silvergate Bank drove risk aversion in the financial sector. Asia markets are bracing. Read More
Gold prices have recovered from their recent slump, buoyed by a softer Dollar and lower yields. Key US NFP data could assist in driving XAU/USD’s next move. Read More
<p>The Cyprus Securities and Exchange Commission (CySEC) has extended its warning list of unregulated entities targeting investors in the country. This time, it blacklisted six <a href=”https://www.financemagnates.com/terms/o/online-trading/” class=”terms__secondary-term” id=”93afd583-ea4d-45cf-a1e0-8d951e5d8f48″ target=”_blank”>online trading</a> websites.</p><p>In <a href=”https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=9eb9cbe9-0582-440d-8280-bfca17f36249″ target=”_blank” rel=”follow”>a warning notice</a> issued on Thursday, <a href=”https://www.financemagnates.com/tag/cysec/” target=”_blank” rel=”follow”>the Cypriot regulator </a>warned that the six websites have not been authorized to provide investment services […]
U.S. dollar forex pairs are likely to experience volatility near term with the NFP report on tap for Friday. This article discusses the key technical levels to watch in EUR/USD and USD/CAD. Read More
<p>The Financial Industry Regulatory Authority (FINRA) has slammed a $3 million fine on security broker Webull for onboarding unqualified options traders between December 2019 and July 2021. The membership-based regulator, which is overseen by the United States Securities and Exchange Commission, announced the fine on Thursday. </p><p>FINRA in a statement noted that Webull, which is the US-based subsidiary of Chinese-owned […]
<p>The new crypto <a href=”https://www.financemagnates.com/terms/r/regulation/” class=”terms__main-term” id=”341d154e-1396-4d12-a357-4837e79c4146″ target=”_blank”>regulations</a> in Hong Kong have been a topic of discussion among investors and industry players alike. The announcement of the new licensing regime has brought hope for many who believe that it will make Hong Kong a major player in the crypto market. However, some remain cautious and have raised concerns about the […]
The S&P 500 moves without conviction on Thursday as traders avoid taking large directional bets on risk assets ahead of Friday’s U.S. jobs report – the next big catalyst for the equity market. Read More
<p>The new crypto <a href=”https://www.financemagnates.com/terms/r/regulation/” class=”terms__main-term” id=”341d154e-1396-4d12-a357-4837e79c4146″ target=”_blank”>regulations</a> in Hong Kong have been a topic of discussion among investors and industry players alike. The announcement of the new licensing regime has brought hope for many who believe that it will make Hong Kong a major player in the crypto market. However, some remain cautious and have raised concerns about the […]
<p>The new crypto <a href=”https://www.financemagnates.com/terms/r/regulation/” class=”terms__main-term” id=”341d154e-1396-4d12-a357-4837e79c4146″ target=”_blank”>regulations</a> in Hong Kong have been a topic of discussion among investors and industry players alike. The announcement of the new licensing regime has brought hope for many who believe that it will make Hong Kong a major player in the crypto market. However, some remain cautious and have raised concerns about the […]