UK Government and FCA Set to Overhaul PRIIPs Regulation for Retail Investors

The UK Government and the Financial Conduct Authority (FCA ) are working to reform capital markets. They aim to help retail investors make informed investment choices. A key aspect of…

NAGA Brings CFDs to Telegram: From Onboarding to Trading Directly on the Social Medium

NAGA Group, which recently merged with CAPEX.com, now allows retail traders to access its platform directly from Telegram’s App Center with the launch of the “NAGA Everything Trading” app. Integrating…

Macquarie initiates coverage of Australian carbon market

Investing.com — Macquarie has initiated coverage on the Australian carbon market, focusing on how it works and its role in Australia’s efforts to cut emissions.  As Australia aims to meet…

Dollar bounces after Fed-inspired losses; sterling gains ahead of BoE

Investing.com – The U.S. dollar edged higher Thursday, bouncing off its over one-year low after the Federal Reserve announced an outsized interest rate cut, while sterling gained ahead of the…

UniCredit Snaps Up 4.5% Stake in Commerzbank from German Government

UniCredit has acquired a 4.5% stake in Commerzbank from the German government. The purchase was made after discussions between the Italian bank and the German authorities. UniCredit’s CEO, Andrea Orcel,…

Zimbabwe’s new currency faces headwinds five months on

By Nyasha Chingono HARARE (Reuters) – Five months after its launch, Zimbabwe’s new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the…

Dollar edges lower after Fed goes big on rate cut, Aussie jumps

By Stefano Rebaudo and Rae Wee (Reuters) -The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had been…

Bullish bets steady on Asian currencies as Fed easing bets soften dollar, Reuters poll shows

By Sameer Manekar (Reuters) – Analysts remained bullish on most Asian currencies despite marginally dialling back some bets, a Reuters poll showed on Thursday, as a defensive U.S. dollar driven…

Short-term Analysis for Oil, Gold, and EURUSD for 19.09.2024

I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the…

Russian attacks on Ukraine power grid probably violate humanitarian law, says UN

By Max Hunder KYIV (Reuters) – Russia’s campaign of air strikes on Ukraine’s energy grid probably violates international humanitarian law, a U.N. monitoring body said on Thursday, as Ukrainians prepare…