Jackson Hole brought with it a substantial rise in volatility, as expected. Markets now appear more hawkish for the Fed and even the ECB as they price in expectations Read More
<p>Ouinex, the cryptocurrency exchange launched by FX industry veteran <a href=”https://www.financemagnates.com/executives/moves/industry-veteran-ilies-larbi-leaves-fxcm-launches-new-crypto-exchange/” target=”_blank”>Ilies Larbi</a>, informed Finance Magnates that it is aiming to secure €1 million in its pre-initial coin officer (pre-ICO) <a href=”https://www.financemagnates.com/terms/f/funding-round/” target=”_blank” id=”d08fbe2e-fff7-405c-9466-eaaa94820467_1″ class=”terms__secondary-term”>funding round</a>. </p><p>There will be two subsequent ICO rounds expected for Q1 2023 launch. With that, the company will seek a further €15 million. It has […]
Crude oil prices on the front foot as expectations grew regarding potential supply cuts while demand received a boost as natural gas prices in Europe soar. Read More
<p>The Dubai Gold and Commodities Exchange (DGCX) <a href=”https://www.dgcx.ae/news/2022/dgcx-collaborates-precious-metals-solutions-firm-finmet-expand-dgcx-product-offering-and-participation?utm_campaign=DGCX%20Press%20Release%20-%202022&utm_content=219390585&utm_medium=social&utm_source=twitter&hss_channel=tw-33836064″ target=”_blank”>announced</a> today that it has signed an agreement with FinMet to expand its product offering. Through the latest collaboration, DGCX will be able to enhance its product offering with the introduction of new gold products.</p><p>The five-year agreement, which was signed by Ahmed Bin Sulayem, the Chief Executive Officer of DGCX, and […]
<p><a href=”https://www.financemagnates.com/tag/cmc-markets/” target=”_blank”>CMC Markets</a> (LON: CMCX), a London-headquartered trading company with a global presence, has extended its sponsorship deal with New Zealand’s professional rugby team, Blues, for another three years.</p><p>The two <a href=”https://www.financemagnates.com/forex/brokers/cmc-markets-sponsors-the-blues-rugby-team/” target=”_blank”>initially inked the partnership deal</a> in February 2021 for two play seasons and the three-year extension came as the original agreement ended. </p><p>Under the renewed deal, CMC […]
The Japanese Yen lost ground against the US Dollar after the Federal Reserve made it clear that the fight on inflation needs to be won and signalled tighter policy is coming. Read More