Regulator Probes Robinhood for Luring Inexperienced Traders
Robinhood is also alleged to have failed in its duty to stop frequent outages and disruptions on its trading platform. Read More
Mixed December PMI Reports Hint at Further Uncertainty
A beat in Manufacturing and a miss in Services further point to uncertainty in the US economic recovery. Read More
US Recession Watch, December 2020 – Yield Curve Hides Slowing Economy
The US Treasury yield curve has steepened in recent weeks (long-end rates rising faster than short-end rates), but that might not mean what you think. Read More
Monex Europe Opens Luxembourg Office Forming a Local Entity
The FX specialist was concerned about its European operations from its London headquarter post-Brexit. Read More
Crude Oil Latest: Brent Crude Price May Rise Further After Breach of $50 Level
The price of Brent crude oil looks to have consolidated its gains after climbing above the $50/barrel mark and is now well-placed to advance further in coming days. Read More
China
The SGX welcomed China International Capital Corporation (CICC Singapore) to increase financial connectivity with China. Read More
US Dollar Falls Further as Important Data and FOMC Meeting Near
The US dollar basket continues to fall and is touching the 90.00 level, a low not seen in over two-and-a-half years. Important data and FOMC decision later today. Read More
Euro Strengthens on PMIs, EUR/USD, EUR/GBP Levels to Watch
European PMI data comes in better than expected and gives the euro an extra push higher Read More
British Pound (GBP) Latest: GBP/USD Extending Gains, UK Inflation Falls Sharply
GBP/USD is climbing for the third successive day on continuing hopes of a post-Brexit EU-UK trade deal; the latest UK economic data show a steep drop in inflation. Read More
Brazil
B3 taps into Genesis